Corruption and the Institutional Environment for Growth

Heckelman, Jac C.; Powell, Benjamin

doi:10.1057/ces.2010.14

Cited by 106 publications

(66 citation statements)

References 33 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…For these authors, corruption would be significantly less harmful (positive) in countries where the institutional framework is less efficient (inefficient). This finding, which seems to justify the idea that effective corruption helps to overcome existing institutional gaps, is also confirmed by Heckelman and Powell (2010) [42]. Specifically, the authors show that corruption is positively associated with economic growth in countries where economic freedom is limited, but that this positive effect would tend to decrease as economic freedom increases.…”

Section: Third Approach: Nonlinear Relationshipsupporting

confidence: 68%

“…In addition, the trade opening rate is calculated by summing imports and exports as a percentage of GDP. As in the case of Swaleheen and Stansel (2007) [43], Heckelman and Powell (2010) [42], the institutional variable chosen in our study is 4) civil liberty, which we measure using the global index of civil liberty. This index, established by Freedom House, assesses civil liberty on a scale of 1 to 7; where the lowest scores (1 and 2) indicate that the country respects freedom of speech, assembly, freedom Religion, education, and association.…”

Section: The Model Of Determining the Direct Effect Of Corruption Onmentioning

confidence: 99%

“…The results in Table 1 [43], followed by Heckelman and Powell (2010) [42], showing that an increase in corruption, corresponding to a decrease of CPI, has positive effects on the growth of Countries with low civil liberties. It would alleviate the rigidities of the public administration and would thus make it possible to circumvent the administrative delays and cumbersomeness, the excessive procedures, which discourage private investment and hinder economic growth in the union.…”

Section: Empirical Analysismentioning

confidence: 99%

See 2 more Smart Citations

Corruption and Economic Growth: The Case of EMCCA

Ondo¹

2017

TEL

View full text Add to dashboard Cite

This article analyzes the relationship between corruption and economic growth in the countries of the Economic and Monetary Community of Central Africa (EMCCA). To our knowledge, there are no works dealing with the direct relations between the two variables in such a framework. For this purpose, we use panel data econometrics to show that over the period 2005 to 2015, corruption has favored economic growth in the CEMAC member countries by "grazing" the administrative burdens that impede access basic public services (water, electricity, public hospitals and public schools), the creation and development of private enterprises.

show abstract

Section: Third Approach: Nonlinear Relationshipsupporting

confidence: 68%

Section: The Model Of Determining the Direct Effect Of Corruption Onmentioning

confidence: 99%

Section: Empirical Analysismentioning

confidence: 99%

See 1 more Smart Citation

Corruption and Economic Growth: The Case of EMCCA

Ondo¹

2017

TEL

View full text Add to dashboard Cite

show abstract

“…These papers differ in the variable they use to measure the quality of governance. For example, Aidt et al (2008) look at the accountability of politicians, Li and Wu (2010) use the lack of trust in the society, Méndez and Sepùlveda (2006) and Heckelman and Powell (2010) look at the role of political or economic freedom, respectively. Other papers use indexes of the institutional setting based on more than one variable.…”

Section: Related Literaturementioning

confidence: 99%

A Second Best Theory of Institutional Quality

Molinari

2013

Public Organiz Rev

View full text Add to dashboard Cite

This paper illustrates a theory of the second best where the constraints to the achievement of the optimum are of institutional nature. We consider the effects of corruption and bad governance on the public decision to privatize the provision of a service when contracts are incomplete and there is asymmetric information. We show that both corruption and bad governance are detrimental to welfare, but that removing only one of the two is not necessarily beneficial if the other is still present. The theory supplies a possible explanation to the controversial empirical evidence on the economic effects of corruption.

show abstract

“…However, some foreign investors choose to create partnerships with local companies in their field to gain some "immunity" against corrupt politicians (Ionescu, Lăzăroiu and George, 2012). Heckelman and Powell (2010) studied the correlation between the spread of corruption and the economic development of a country, when corruption in both public institutions and the private sector is at high levels. The results showed that high levels of corruption are an obstacle for both sides, and maintenance of high levels of corruption would harm all the stakeholders, including the population.…”

Section: Introductionmentioning

confidence: 99%