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Corruption in emerging and developing economies : Evidence from a pooled cross-section
Peyton, Kyle Belasen, Ariel R.
Peyton, Kyle
Belasen, Ariel R.
Author
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.
Keywords
corruption, democratization, development, economic freedom, emerging and developing economies, media freedom
Date
2012
Type
Journal article
Journal
Emerging Markets Finance and Trade
Book
Volume
48
Issue
2
Page Range
29-43
Article Number
ACU Department
Institute for Humanities and Social Sciences
Faculty of Education and Arts
Faculty of Education and Arts
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Relation URI
Source URL
Event URL
Open Access Status
License
All rights reserved
File Access
Controlled