Artikel
Democracy and corruption
I examine the relationship between democracy and the perceived risk of corruption in a panel of 130 countries. My panel model controls for country fixed effects and enables the estimation of a within-country relationship between democracy and corruption. My main finding is that democracy significantly reduces the risk of corruption, but only in countries where ethnic fractionalization is low. In strongly fractionalized countries a transition from autocracy to democracy does not significantly reduce corruption. One explanation for these findings is that the corruption-reducing effect of greater accountability of politicians under democracy is undermined by the common pool problem; fractionalization increases the severity of the common pool problem.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 14 ; Year: 2021 ; Issue: 10 ; Pages: 1-14 ; Basel: MDPI
- Classification
-
Wirtschaft
Economic Systems: General
- Subject
-
corruption
democracy
fractionalization
common pool problem
- Event
-
Geistige Schöpfung
- (who)
-
Brückner, Markus
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2021
- DOI
-
doi:10.3390/jrfm14100492
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Brückner, Markus
- MDPI
Time of origin
- 2021
Other Objects (12)
Contextualizing corruption: A cross-disciplinary approach to studying corruption in organizations
The effects of corruption, renewable energy, trade and CO2 emissions
Does fiscal decentralization encourage corruption in local governments? Evidence from Indonesia
Evolutionary inspection and corruption games
Causal interaction between FDI, corruption and environmental quality in the MENA region
Corruption and tax burden: What is the joint effect on total factor productivity?
The effects of corruption in entrepreneurial ecosystems on entrepreneurial intentions
Democracy and inter-regional trade enhancement in Sub-Saharan Africa: Gravity model
The consequences of corruption on inflation in developing countries: Evidence from panel cointegration and causality tests
Corruption in organizations: Ethical climate and individual motives
Corruption, shadow economy and deforestation: Friends or strangers?
Impact of economic freedom on corruption revisited in ASEAN countries: A Bayesian hierarchical mixed-effects analysis
Contextualizing corruption: A cross-disciplinary approach to studying corruption in organizations
The effects of corruption, renewable energy, trade and CO2 emissions
Does fiscal decentralization encourage corruption in local governments? Evidence from Indonesia
Evolutionary inspection and corruption games
Causal interaction between FDI, corruption and environmental quality in the MENA region
Corruption and tax burden: What is the joint effect on total factor productivity?
The effects of corruption in entrepreneurial ecosystems on entrepreneurial intentions
Democracy and inter-regional trade enhancement in Sub-Saharan Africa: Gravity model
The consequences of corruption on inflation in developing countries: Evidence from panel cointegration and causality tests
Corruption in organizations: Ethical climate and individual motives
Corruption, shadow economy and deforestation: Friends or strangers?
Impact of economic freedom on corruption revisited in ASEAN countries: A Bayesian hierarchical mixed-effects analysis
Contextualizing corruption: A cross-disciplinary approach to studying corruption in organizations
The effects of corruption, renewable energy, trade and CO2 emissions
Does fiscal decentralization encourage corruption in local governments? Evidence from Indonesia
Evolutionary inspection and corruption games
Causal interaction between FDI, corruption and environmental quality in the MENA region
Corruption and tax burden: What is the joint effect on total factor productivity?
The effects of corruption in entrepreneurial ecosystems on entrepreneurial intentions
Democracy and inter-regional trade enhancement in Sub-Saharan Africa: Gravity model
The consequences of corruption on inflation in developing countries: Evidence from panel cointegration and causality tests
Corruption in organizations: Ethical climate and individual motives
Corruption, shadow economy and deforestation: Friends or strangers?