Journal Article

Income Shocks and Corruption in Africa : Does a Virtuous Cycle Exist?

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collection.link.125
https://openknowledge.worldbank.org/handle/10986/4401
collection.name.125
C. Journal articles published externally
dc.contributor.author
Voors, Maarten J.
dc.contributor.author
Bulte, Erwin H.
dc.contributor.author
Damania, Richard
dc.date.accessioned
2012-03-30T07:30:48Z
dc.date.available
2012-03-30T07:30:48Z
dc.date.issued
2011
dc.description.abstract
Empirical evidence suggests that governance quality is a key driver of economic growth and that, in turn, higher incomes might have a positive causal effect on the quality of governance. Such complementarity could invite virtuous cycles of development. Using a measure of corruption as our proxy for the quality of governance, and rainfall as an instrument for income, we explore this issue and find evidence to the contrary. For a panel of African countries, positive income shocks on average tend to invite extra corruption. Closer inspection, however, reveals that this result can be attributed to the most corrupt countries. Conversely, countries with a sufficiently low level of corruption can escape the detrimental effect of income booms on corruption and may actually experience a virtuous cycle of development.
en
dc.identifier.citation
Journal of African Economies
dc.identifier.issn
09638024
dc.identifier.uri
http://hdl.handle.net/10986/5005
dc.language.iso
EN
dc.relation.uri
http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holder
World Bank
dc.subject
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior D720
dc.subject
Bureaucracy
dc.subject
Administrative Processes in Public Organizations
dc.subject
Corruption D730
dc.subject
Illegal Behavior and the Enforcement of Law K420
dc.subject
Formal and Informal Sectors
dc.subject
Shadow Economy
dc.subject
Institutional Arrangements O170
dc.subject
Institutions and Growth O430
dc.subject
Measurement of Economic Growth
dc.subject
Aggregate Productivity
dc.subject
Cross-Country Output Convergence O470
dc.title
Income Shocks and Corruption in Africa : Does a Virtuous Cycle Exist?
en
dc.title.alternative
Journal of African Economies
en
dc.type
Journal Article
en
okr.doctype
Journal Article
okr.externalcontent
External Content
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
1683
okr.journal.nbpages
395-418
okr.language.supported
en
okr.peerreview
Academic Peer Review
okr.region.geographical
Africa
okr.relation.associatedurl
http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1249710&site=ehost-live
okr.relation.associatedurl
http://jae.oxfordjournals.org
okr.volume
20

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