G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16060
DP16060 Corruption and Firm Growth: Evidence from around the World
Raymond Fisman; Sergei Guriev; Carolin Ioramashvili; Alexander Plekhanov
发表日期2021-04-21
出版年2021
语种英语
摘要We empirically investigate the relationship between corruption and growth using a firm-level data set that is unique in scale, covering almost 88,000 firms across 141 economies in 2006-2020, with wide-ranging corruption experiences. The scale and detail of our data allow us to explore the corruption-growth relationship at a very local level, within industries in a relatively narrow geography. We report three empirical regularities. First, firms that make zero informal payments tend to grow slower than bribers. Second, this result is driven by non-bribers in high-corruption countries. Third, among bribers growth is decreasing in the amount of informal payments --- in both high- and low-corruption countries. We suggest that this set of results may be reconciled with a simple model in which endogenously determined higher bribe rates lead to lower growth, while non-bribers are often excluded entirely from growth opportunities in high-corruption settings.
主题Development Economics ; Public Economics
关键词Corruption Firm growth Enterprise surveys
URLhttps://cepr.org/publications/dp16060
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545039
推荐引用方式
GB/T 7714
Raymond Fisman,Sergei Guriev,Carolin Ioramashvili,et al. DP16060 Corruption and Firm Growth: Evidence from around the World. 2021.
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