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Corruption and Income

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  • Andreas Assiotis

    (University of Cyprus)

Abstract

This paper examines whether countries with higher income have less corruption. Earlier studies, utilizing pure cross-section regressions, establish a strong association between income and corruption but do not consider factors (presumably, long-run historical factors) that simultaneously could affect both variables. Employing fixed effects methodologies and thus controlling for such factors, we show that the statistical association between income and corruption disappears.

Suggested Citation

  • Andreas Assiotis, 2012. "Corruption and Income," Economics Bulletin, AccessEcon, vol. 32(2), pages 1404-1412.
    • Handle: RePEc:ebl:ecbull:eb-12-00070
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    File URL: http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I2-P134.pdf
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    References listed on IDEAS

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    Cited by:

    1. Maurizio Lisciandra & Emanuele Millemaci, 2017. "The economic effect of corruption in Italy: a regional panel analysis," Regional Studies, Taylor & Francis Journals, vol. 51(9), pages 1387-1398, September.
    2. Leonardo A. Rocha & Maria Ester S. Dal Poz & Patrícia V.P.S. Lima & Ahmad S. Khan & Napiê G. A. Silva, 2019. "Corruption, bureaucracy and other institutional failures: the “cancer†of innovation and development," Economics Bulletin, AccessEcon, vol. 39(3), pages 1740-1754.

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    More about this item

    Keywords

    Corruption; Income; Economic Development;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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