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Is the effect of corruption on entrepreneurial activity nonmonotonic? A semi-parametric panel data analysis

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  • Michael Polemis

    (University of Piraeus)

Abstract

We investigate the impact of corruption on entrepreneurial activity in the OECD countries by using a semi-parametric panel data model developed in Robinson (1988). We argue that this relationship exhibits a nonmonotonic shape with multiple turning points. Our findings are robust to different measures of corruption and alternative dimensions of entrepreneurship.

Suggested Citation

  • Michael Polemis, 2019. "Is the effect of corruption on entrepreneurial activity nonmonotonic? A semi-parametric panel data analysis," Economics Bulletin, AccessEcon, vol. 39(4), pages 2976-2989.
    • Handle: RePEc:ebl:ecbull:eb-19-00748
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    Cited by:

    1. Polemis, Michael L. & Stengos, Thanasis, 2020. "The impact of regulatory quality on business venturing: A semi-parametric approach," Economic Analysis and Policy, Elsevier, vol. 67(C), pages 29-36.

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    More about this item

    Keywords

    Entrepreneurship; Corruption; Nonlinear effects; Double residual estimator; OECD.;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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