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Corruption, growth and political regimes: Cross country evidence

✍ Scribed by Fabio Méndez; Facundo Sepúlveda

Book ID
113590842
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
142 KB
Volume
22
Category
Article
ISSN
0176-2680

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## Abstract We test the proposition that higher initial fiscal capacity of a nation strengthens law and order, and therefore, inhibit corruption, and in a multiple‐equilibria setting, the economy will move towards the low‐corruption stable equilibrium. We have found a significant relationship betwe