Corruption and growth: the impacts of corruption weighted by different degrees of efficiency between firms

• Autor(a) principal: Rocha, Leonardo Andrade
• Data de Publicação: 2016
• Outros Autores: Khan, Ahmad Saeed, Lima, Patrícia Verônica Pinheiro Sales, Dal Poz, Maria Ester Soares
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Estudos Econômicos (São Paulo)
• Texto Completo: https://www.revistas.usp.br/ee/article/view/89133
• topic: eficiência; corrupção; desempenho; crescimento; Cultural economics; Half price laws; Evaluation of public policy

This study examined the impact of corruption on growth of firms with different levelsof efficiency. The study was made from the non-parametric efficiency scores technique, was adjusted a linear regression model interacting the different scores with a corruptionindex. The results have shown that corruption has negative impacts on low-performingfirms, unlike high-performing firms. In this sense, the position of an efficient firm asthe quantile frontier affects significantly the consequences of corruption, suggesting aheterogeneous effect that is not accurately captured by traditional techniques. Theseresults corroborate scientific studies carried out by Batra, Kaufmann and Stone (2003),Wang and You (2012) and Jiang and Nie (2014).