Economic growth, corruption and institutions in Mexico
This article analyzes the relationship between corruption and economic growth, both theoretical and empirical. At a theoretical level, presents a model developed by de Vaal y Ebben (2011) that study the effects of corruption on economic growth in a framework that includes corruption as part of the i...
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| Main Authors: | , |
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| Format: | Artículo |
| Language: | spa |
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Universidad Autónoma de Ciudad Juárez
2021
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| Subjects: | |
| Online Access: | http://erevistas.uacj.mx/ojs/index.php/noesis/article/view/255 |
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| Summary: | This article analyzes the relationship between corruption and economic growth, both theoretical and empirical. At a theoretical level, presents a model developed by de Vaal y Ebben (2011) that study the effects of corruption on economic growth in a framework that includes corruption as part of the institutional setting. In the model, the positive effects of corruption on growth outweigh the negatives if the institutions are not well developed, otherwise if there is a high institutional quality. At the empirical level, we verify the validity of the model, using data of the Mexican regions for the period 2001-2010. The results of the OLS estimates and panel data do not provide evidence favorable to the theoretical model; even suggest that in the presence of high institutional quality the effect of corruption on growth is positive. |
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| ISSN: | 2395-8669 |