The Empirical Determinants of Corruption in Developing Countries

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Abstract

This paper investigates the main factors determining corruption in developing countries. It employs the fixed-effects estimation technique to data for several developing countries, pooled for the period 2004 to 2010. The empirical results revealed that the level of economic development, country size, natural resource exports, foreign direct investment, absence of democracy, and colonial legacy as the main correlates of corruption in the developing economies. Some policy implications are drawn.

Original languageEnglish
Pages (from-to)392-409
Number of pages18
JournalPerspectives on Global Development and Technology
Volume16
Issue number4
DOIs
Publication statusPublished - 2017

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Keywords

  • corruption
  • democracy
  • developing economies
  • institutions
  • legal origin

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development
  • Political Science and International Relations

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