Corruption, Regulatory Burden and Firm Productivity
Using firm-level data from more than 39,000 firms in 111 economies, this paper tests the hypothesis that corruption impedes productivity more at higher levels of regulation. The analysis finds that there is a significant negative relationship betwe...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/724231561465558492/Corruption-Regulatory-Burden-and-Firm-Productivity http://hdl.handle.net/10986/31976 |
| Summary: | Using firm-level data from more than
39,000 firms in 111 economies, this paper tests the
hypothesis that corruption impedes productivity more at
higher levels of regulation. The analysis finds that there
is a significant negative relationship between corruption
and firm productivity when regulation is high and an
insignificant relationship when it is low. These findings
are robust to different controls and specifications. |
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