Institutions, Corruption and Sustainable Development

Abstract : This paper aims to analyze the relationship between institutional quality, corruption level, and economic development. The methodology makes use of cross-national data developed by the World Bank on perceived levels of corruption, institutional framework quality and economic development to test various hypotheses. The added value of this paper is thus to investigate the impact of both institutional framework quality and corruption on economic development. A significant addition to the literature is made by using genuine wealth growth per capita as a proxy for economic development, rather than GDP growth per capita (Ehrlich, Lui, 1999). One other original contribution is the application of the rarely used PLS (Partial Least Squares) structural equation modelling to evaluate the proposed scheme. The empirical research supports the "sand in the wheel" school of thought in relation to the effects of corruption on economic development.
Type de document :
Article dans une revue
Economics Bulletin, Economics Bulletin, 2013, 33 (4), pp.2545-2562
Liste complète des métadonnées

Littérature citée [53 références]  Voir  Masquer  Télécharger
Contributeur : Sylvia Cheminel <>
Soumis le : jeudi 17 octobre 2013 - 14:43:57
Dernière modification le : vendredi 18 octobre 2013 - 08:55:41
Document(s) archivé(s) le : samedi 18 janvier 2014 - 04:25:09


Fichiers éditeurs autorisés sur une archive ouverte


  • HAL Id : hal-00874275, version 1



Bertrand Venard. Institutions, Corruption and Sustainable Development. Economics Bulletin, Economics Bulletin, 2013, 33 (4), pp.2545-2562. 〈hal-00874275〉



Consultations de la notice


Téléchargements de fichiers