Department
Business
Location
Bethel University
Document Type
Event
Start Date
10-25-2023
End Date
10-25-2023
Abstract
In a previously published paper we emperically showed that rather than democracy, a country's quality of institutions, like contract enforcement, have a statistically significant and positive impact on economic growth. During my sabbatical, I am working on a follow up paper in which is examining the effect of democracy on the control of corruption in a sample of more than 120 countries, spanning 40 years of data. Using GMM based dynamic longitudnal data analysis methods, we find that democratic quality, spesifically, the accumalted stock of democratic capital in a country has a sgnificant impact in reducing government corruption. We also find that sequencing financial sector reforms before integrating with the global economy also help lower a country's corruption level.
Recommended Citation
Jacob, Jeff, "Corruption and Reforms: A Dynamic Panel Data Study" (2023). Day of Scholarship. 29.
https://spark.bethel.edu/dayofscholarship/fall2023/oct25/29
Included in
Corruption and Reforms: A Dynamic Panel Data Study
Bethel University
In a previously published paper we emperically showed that rather than democracy, a country's quality of institutions, like contract enforcement, have a statistically significant and positive impact on economic growth. During my sabbatical, I am working on a follow up paper in which is examining the effect of democracy on the control of corruption in a sample of more than 120 countries, spanning 40 years of data. Using GMM based dynamic longitudnal data analysis methods, we find that democratic quality, spesifically, the accumalted stock of democratic capital in a country has a sgnificant impact in reducing government corruption. We also find that sequencing financial sector reforms before integrating with the global economy also help lower a country's corruption level.