Economics, Econometrics and Finance
4 years ago

Corruption in Italy Stifles Economic Growth, Zero Tolerance Key.

RePEc: Research Papers in Economics
The Economic Effect of Corruption in Italy: A Regional Panel Analysis
Maurizio Lisciandra, Emanuele Millemaci

Paper Summary

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The study looked at how corruption affects economic growth in different regions of Italy from 1968 to 2011. They found that corruption has a negative impact on long-term growth in all regions, meaning that less corruption leads to more economic growth. The negative effect of corruption on growth becomes weaker as corruption levels increase.