Economic growth, law, and corruption : evidence from India created by Sambit Bhattacharyya and Raghbendra Jha
Material type: TextSeries: Comparative economic studies ; Volume 55, number 2Hampshire: Palgrave, 2013Content type:- text
- unmediated
- volume
- 08887233
- HB90 COM
Item type | Current library | Call number | Vol info | Copy number | Status | Notes | Date due | Barcode | |
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Journal Article | Main Library - Special Collections | HB90 COM (Browse shelf(Opens below)) | Vol. 55, no. 2 (pages 287-314) | SP16303 | Not for loan | For In house Use |
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Is corruption influenced by economic growth? Are legal institutions such as the ‘Right to Information Act (RTI) 2005’ in India effective in curbing corruption? Using a panel dataset covering 20 Indian states for the years 2005 and 2008 we estimate the effects of growth and law on corruption. Accounting for endogeneity, omitted fixed factors, and other nationwide changes we find that economic growth reduces overall corruption as well as corruption in banking, land administration, education, electricity, and hospitals. Growth reduces bribes but has little impact on corruption perception. In contrast the RTI Act reduces both corruption experience and corruption perception.
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