Corruption, Institutions and Regulation

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Title: Corruption, Institutions and Regulation
Authors: Breen, Michael
Gillanders, Robert
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Date: Mar-2011
Abstract: We analyze the effects of corruption and institutional quality on the quality of business regulation. Our key findings indicate that corruption negatively aspects the quality of regulation and that general institutional quality is insignificant once corruption is controlled for. These findings hold over a number of specifications which include additional exogenous historical and geographic controls. The findings imply that policy-makers should focus on curbing corruption to improve regulation, over wider institutional reform.
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Start page: 1
End page: 23
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP11/06
Keywords: Business regulationEconomic policyInstitutional qualityCorruption
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Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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