The economic effect of corruption in Italy: a regional panel analysis

被引：19
|
作者：
Lisciandra, Maurizio [1 ]
Millemaci, Emanuele [1 ]
机构：
[1] Univ Messina, Dept Econ, Messina, Italy
来源：
REGIONAL STUDIES | 2017年 / 51卷 / 09期
关键词：
corruption; economic growth; cross-regional analysis; dynamic panel data; GOVERNMENT; GROWTH;
D O I：
10.1080/00343404.2016.1184244
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The economic effect of corruption in Italy: a regional panel analysis, Regional Studies. This paper provides a within-country analysis of the impact of corruption on economic growth using a panel of Italian regions from 1968 to 2011 through a robust measure of corruption. This measure is averaged over five-year periods to reduce short-run fluctuations and probable delayed effects. The results show a significant negative impact of corruption on long-term growth in all specifications, both on average and for each Italian region. As a consequence, a zero level of corruption is growth maximizing. This effect is non-linear such that the negative impact of corruption on growth becomes less intense as corruption increases.
引用
收藏
页码：1387 / 1398
页数：12
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