Abstract
This study uses a cross-country panel to examine the determinants of corruption, paying particular attention to political institutions that increase accountability. Even though the theoretical literature has stressed the importance of political institutions in determining corruption, the empirical literature is relatively scarce. Our results confirm the role of political institutions in determining the prevalence of corruption. Democracies, parliamentary systems, political stability, and freedom of press are all associated with lower corruption. Additionally, common results of the previous empirical literature, related to openness and legal tradition, do not hold once political variables are taken into account.
Original language | English |
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Pages (from-to) | 1-35 |
Number of pages | 35 |
Journal | Economics and Politics |
Volume | 17 |
Issue number | 1 |
DOIs | |
State | Published - Mar 2005 |
Externally published | Yes |
ASJC Scopus subject areas
- Economics and Econometrics