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Results for corruption (italy)

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Author: Petrarca, Ilaria

Title: The Historical Roots of Corruption and Economic Development in Italy

Summary: We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces, and address the possible endogeneity of corruption by applying an IV model. We use three sets of historical instruments for corruption: 1) foreign dominations in 16th-17th century, 2) autocracy/autonomous rule in the 14th century, and 3) an index of social capital between in the 19th-20th century. The results indicate a significant impact of historically-driven corruption on development.

Details: Munich: Center for Economic Studies (CES), the Ifo Institute and the CESifo GmbH, 2013. 20p.

Source: Internet Resource: CESifo Working Paper No. 4212; Accessed May 1, 2013 at www.cesifo.org/wp

Year: 2013

Country: Italy

URL:

Shelf Number: 128581

Keywords:
Corruption (Italy)
Economic Development
Economics of Crime
Social Capital