Corruption in emerging and developing economies : Evidence from a pooled cross-section

Journal article


Peyton, Kyle and Belasen, Ariel R.. (2012). Corruption in emerging and developing economies : Evidence from a pooled cross-section. Emerging Markets Finance and Trade. 48(2), pp. 29-43. https://doi.org/10.2753/REE1540-496X480202
AuthorsPeyton, Kyle and Belasen, Ariel R.
Abstract

Corruption has affected systems of governance for thousands of years. Existing evidence suggests that it is especially common in "emerging and developing economies," yet cross-country analysis in this context is rare. We examine the impact of political, economic, and media freedom on corruption in a large sample of countries across multiple time periods to investigate the marginal differences within each. The results show that increased economic and press freedoms are associated with lower levels of corruption in developing countries. We find that although increased political freedom through democratization is statistically significant, it reduces corruption only in developed countries and may increase levels of corruption in developing countries.

Keywordscorruption; democratization; development; economic freedom; emerging and developing economies; media freedom
Year2012
JournalEmerging Markets Finance and Trade
Journal citation48 (2), pp. 29-43
PublisherTaylor & Francis
ISSN1558-0938
Digital Object Identifier (DOI)https://doi.org/10.2753/REE1540-496X480202
Scopus EID2-s2.0-84861610710
Research or scholarlyResearch
Page range29-43
Publisher's version
License
All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Online07 Dec 2014
Publication process dates
Deposited21 Oct 2021
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https://acuresearchbank.acu.edu.au/item/8wx50/corruption-in-emerging-and-developing-economies-evidence-from-a-pooled-cross-section

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