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eBook details

• Title: Empirical Analysis of Corruption (Research Summaries)
• Author : NBER Reporter
• Release Date : January 22, 2010
• Genre: Business & Personal Finance,Books,
• Pages : * pages
• Size : 63 KB

Description

Although corruption is considered a significant problem in much of the developing world, for many years there was virtually no hard economic data on it. Instead, economic studies for the most part relied on cross-country datasets consisting of businessmen's general perceptions of the relative corruption levels of different countries. (1) The lack of data meant that it was difficult to estimate the true costs of corruption, to test which theories of corruption were borne out in the data, and to understand what approaches might be most effective in reducing corruption. In recent years, a variety of approaches have been taken to ferret out more accurate indicators of corrupt activity. My recent empirical work on corruption examines how this improved data can be used to answer three questions: what are the costs of corruption; how can corruption be ameliorated; and, what theories of corruption best match the data?

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