The Effect of Democracy on Corruption: Income is Key

This paper provides an explanation for the ambiguous relationship between democracy and corruption. Using rich panel data with annual observations from 1998 to 2012 allows us to control not only for country- and time-invariant factors but also for potentialreverse causality between corruption and in...

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Autores:
Jetter, Michael
Montoya Agudelo,Alejandra
Ramírez Hassan Andrés
Tipo de recurso:
Fecha de publicación:
2015
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/7512
Acceso en línea:
http://hdl.handle.net/10784/7512
Palabra clave:
corruption
democracy
income levels
panel data
regime type
Rights
License
restrictedAccess
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oai_identifier_str oai:repository.eafit.edu.co:10784/7512
network_acronym_str REPOEAFIT2
network_name_str Repositorio EAFIT
repository_id_str
spelling 2015-062015-11-06T16:24:57Z2015-062015-11-06T16:24:57Z0305-750Xhttp://hdl.handle.net/10784/751210.1016/j.worlddev.2015.05.016This paper provides an explanation for the ambiguous relationship between democracy and corruption. Using rich panel data with annual observations from 1998 to 2012 allows us to control not only for country- and time-invariant factors but also for potentialreverse causality between corruption and income levels in a 3SLS framework. Democracy reduces corruption but only in economies that have already crossed a GDP/capita level of approximately US$2,000 (in 2005 US$). For poorer nations, democratization is suggested to increase corruption. Other institutional characteristics are unlikely to drive this result and findings are robust to a variety of robustness checks and quantile regressions.engElsevierWorld Development. Vol.74, 2015, pp.286-304http://www.sciencedirect.com.ezproxy.eafit.edu.co/science/article/pii/S0305750X15001254http://www.sciencedirect.com.ezproxy.eafit.edu.co/science/article/pii/S0305750X15001254restrictedAccess©2015 Elsevier Ltd. All rights reserved.Acceso restringidohttp://purl.org/coar/access_right/c_16ecWorld Development. Vol.74, 2015, pp.286-304The Effect of Democracy on Corruption: Income is Keyarticleinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículopublishedVersionObra publicadahttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1corruptiondemocracyincome levelspanel dataregime typeEscuela de Economía y FinanzasEconomíaJetter, MichaelMontoya Agudelo,AlejandraRamírez Hassan AndrésUniversity of Western Australia and IZA (Bonn), Crawley, AustraliaUniversidad Eafit,Escuela de Economía y Finanzas, Medellín, Antioquia, ColombiaUniversidad Eafit,Escuela de Economía y Finanzas, Medellín, Antioquia, ColombiaEstudios en Economía y EmpresaWorld Development74286304ORIGINAL1-s2.0-S0305750X15001254-main.pdf1-s2.0-S0305750X15001254-main.pdfapplication/pdf1435488https://repository.eafit.edu.co/bitstreams/bdb4636d-de05-48b9-90a7-eb7b6a2ca161/download59ee8078238ce99cb7bfe57a3fddc54cMD5110784/7512oai:repository.eafit.edu.co:10784/75122023-03-15 11:12:48.715open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv The Effect of Democracy on Corruption: Income is Key
title The Effect of Democracy on Corruption: Income is Key
spellingShingle The Effect of Democracy on Corruption: Income is Key
corruption
democracy
income levels
panel data
regime type
title_short The Effect of Democracy on Corruption: Income is Key
title_full The Effect of Democracy on Corruption: Income is Key
title_fullStr The Effect of Democracy on Corruption: Income is Key
title_full_unstemmed The Effect of Democracy on Corruption: Income is Key
title_sort The Effect of Democracy on Corruption: Income is Key
dc.creator.fl_str_mv Jetter, Michael
Montoya Agudelo,Alejandra
Ramírez Hassan Andrés
dc.contributor.department.spa.fl_str_mv Escuela de Economía y Finanzas
Economía
dc.contributor.author.spa.fl_str_mv Jetter, Michael
Montoya Agudelo,Alejandra
Ramírez Hassan Andrés
dc.contributor.affiliation.spa.fl_str_mv University of Western Australia and IZA (Bonn), Crawley, Australia
Universidad Eafit,Escuela de Economía y Finanzas, Medellín, Antioquia, Colombia
Universidad Eafit,Escuela de Economía y Finanzas, Medellín, Antioquia, Colombia
dc.contributor.program.spa.fl_str_mv Estudios en Economía y Empresa
dc.subject.keyword.eng.fl_str_mv corruption
democracy
income levels
panel data
regime type
topic corruption
democracy
income levels
panel data
regime type
description This paper provides an explanation for the ambiguous relationship between democracy and corruption. Using rich panel data with annual observations from 1998 to 2012 allows us to control not only for country- and time-invariant factors but also for potentialreverse causality between corruption and income levels in a 3SLS framework. Democracy reduces corruption but only in economies that have already crossed a GDP/capita level of approximately US$2,000 (in 2005 US$). For poorer nations, democratization is suggested to increase corruption. Other institutional characteristics are unlikely to drive this result and findings are robust to a variety of robustness checks and quantile regressions.
publishDate 2015
dc.date.available.none.fl_str_mv 2015-11-06T16:24:57Z
dc.date.issued.none.fl_str_mv 2015-06
dc.date.accessioned.none.fl_str_mv 2015-11-06T16:24:57Z
dc.date.none.fl_str_mv 2015-06
dc.type.eng.fl_str_mv article
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.local.spa.fl_str_mv Artículo
dc.type.hasVersion.eng.fl_str_mv publishedVersion
dc.type.hasVersion.spa.fl_str_mv Obra publicada
status_str publishedVersion
dc.identifier.issn.none.fl_str_mv 0305-750X
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/7512
dc.identifier.doi.none.fl_str_mv 10.1016/j.worlddev.2015.05.016
identifier_str_mv 0305-750X
10.1016/j.worlddev.2015.05.016
url http://hdl.handle.net/10784/7512
dc.language.iso.eng.fl_str_mv eng
language eng
dc.relation.ispartof.spa.fl_str_mv World Development. Vol.74, 2015, pp.286-304
dc.relation.isversionof.none.fl_str_mv http://www.sciencedirect.com.ezproxy.eafit.edu.co/science/article/pii/S0305750X15001254
dc.relation.uri.none.fl_str_mv http://www.sciencedirect.com.ezproxy.eafit.edu.co/science/article/pii/S0305750X15001254
dc.rights.eng.fl_str_mv restrictedAccess
dc.rights.spa.fl_str_mv ©2015 Elsevier Ltd. All rights reserved.
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_16ec
dc.rights.local.spa.fl_str_mv Acceso restringido
rights_invalid_str_mv restrictedAccess
©2015 Elsevier Ltd. All rights reserved.
Acceso restringido
http://purl.org/coar/access_right/c_16ec
dc.publisher.eng.fl_str_mv Elsevier
dc.source.spa.fl_str_mv World Development. Vol.74, 2015, pp.286-304
institution Universidad EAFIT
bitstream.url.fl_str_mv https://repository.eafit.edu.co/bitstreams/bdb4636d-de05-48b9-90a7-eb7b6a2ca161/download
bitstream.checksum.fl_str_mv 59ee8078238ce99cb7bfe57a3fddc54c
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repository.name.fl_str_mv Repositorio Institucional Universidad EAFIT
repository.mail.fl_str_mv repositorio@eafit.edu.co
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