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Economic growth, law, and corruption: evidence from India
journal contribution
posted on 2023-06-08, 14:38 authored by Sambit BhattacharyyaSambit Bhattacharyya, Jha RaghbendraIs corruption influenced by economic growth? Are legal institutions such as the ‘Right to Information Act (RTI) 2005’ in India effective in curbing corruption? Using a panel dataset covering 20 Indian states for the years 2005 and 2008 we estimate the effects of growth and law on corruption. Accounting for endogeneity, omitted fixed factors, and other nationwide changes we find that economic growth reduces overall corruption as well as corruption in banking, land administration, education, electricity, and hospitals. Growth reduces bribes but has little impact on corruption perception. In contrast the RTI Act reduces both corruption experience and corruption perception
History
Publication status
- Published
File Version
- Published version
Journal
Comparative Economic StudiesISSN
0888-7233Publisher
Palgrave MacmillanExternal DOI
Volume
55Page range
287-313Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes