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The economic effect of corruption in Italy: a regional panel analysis
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posted on 2016-08-19, 10:53 authored by Maurizio Lisciandra, Emanuele MillemaciThe economic effect of corruption in Italy: a regional panel analysis, Regional Studies. This paper provides a within-country analysis of the impact of corruption on economic growth using a panel of Italian regions from 1968 to 2011 through a robust measure of corruption. This measure is averaged over five-year periods to reduce short-run fluctuations and probable delayed effects. The results show a significant negative impact of corruption on long-term growth in all specifications, both on average and for each Italian region. As a consequence, a zero level of corruption is growth maximizing. This effect is non-linear such that the negative impact of corruption on growth becomes less intense as corruption increases.
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corruptioneconomic growthcross-regional analysisdynamic panel data贪腐经济成长跨区域分析动态面板数据croissance économiqueanalyse interrégionaledonnées de panel dynamiquesKorruptionWirtschaftswachstumüberregionale Analysedynamische Paneldatencorrupcióncrecimiento económicoanálisis transregionaldatos de panel dinámicoD73K4O10R11
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