Ugur, Mehmet ORCID: 0000-0003-3891-3641 (2013) Corruption’s direct effects on per-capita income growth: a meta-analysis. Journal of Economic Surveys, 28 (3). pp. 472-490. ISSN 0950-0804 (Print), 1467-6419 (Online) (doi:https://doi.org/10.1111/joes.12035)

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Abstract

Corruption is a symptom of weak institutional quality and could have potentially adverse effects on economic growth. However, heterogeneity in reported findings makes it difficult to synthesize the evidence base with a view to test competing hypotheses and/or support evidence based policy and practice. To address this issue, we have extracted 327 estimates of corruption’s direct effect on per-capita GDP growth from 29 primary studies, following a peer-reviewed and pre-published systematic review protocol. Precision-effect and funnel asymmetry tests indicate that corruption has a negative effect on per-capita GDP growth after controlling for publication selection bias and within-study dependence. However, multivariate meta-regression analysis results indicate that the overall effect is not robust to inclusion of moderating variables through a general-to-specific procedure for model specification. We report that the marginal effect of corruption on per-capita GDP growth is more adverse when the primary study estimates relate to long-run growth, are based on low-income-country data only, and extracted from journal papers. The effect is less adverse in studies that use the International Country Risk Guide corruption perceptions index and in those reporting estimates from two-stage least-squares estimations.

Item Type:	Article
Additional Information:	Copyright: © 2013 The Authors. Journal of Economic Surveys published by John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited(http://creativecommons.org/licenses/by/3.0/).
Uncontrolled Keywords:	corruption, economic growth, meta-analysis, systematic reviews,
Subjects:	H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group:	Faculty of Business > Department of International Business & Economics Faculty of Business > Institute of Political Economy, Governance, Finance and Accountability (IPEGFA) > Greenwich Political Economy Research Centre (GPERC)
Related URLs:	Publisher Publisher Organisation
Last Modified:	04 Aug 2021 16:32
URI:	http://gala.gre.ac.uk/id/eprint/10180

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