Arbeitspapier
A Good Turn Deserves Another: Political Stability, Corruption and Corruption-Control
We build on existing literature and contemporary challenges to African development to assess the role of political stability in fighting corruption and boosting corruption-control in 53 African countries for the period 1996-2010. We postulate that on the one hand, an atmosphere of political instability should increase the confidence of impunity owing to less corruption-control. On the other hand, in the absence such impunity from corruption, political instability further fuels corruption. Our findings validate both hypotheses. Hence, contrary to a stream of the literature, we establish causal evidence of a positive (negative) nexus between political stability/no violence and corruption-control (corruption). The empirical evidence is based on Generalized Methods of Moments. The findings are robust to contemporary and non-contemporary quantile regressions. The political stability estimates are consistently significant with decreasing (increasing) magnitudes throughout the conditional distributions of corruption (corruption-control). In other words, the positive responsiveness of corruption-control to political stability is an increasing function of corruption-control while the negative responsiveness of corruption to political stability is a decreasing function of corruption. Simply put: a good turn deserves another.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/15/039
- Klassifikation
-
Wirtschaft
National Security; Economic Nationalism
Illegal Behavior and the Enforcement of Law
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Economywide Country Studies: Africa
Capitalist Systems: Political Economy
- Thema
-
Fragility
Corruption
Conflicts
Africa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Asongu, Simplice A.
Nwachukwu, Jacinta C.
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Asongu, Simplice A.
- Nwachukwu, Jacinta C.
- African Governance and Development Institute (AGDI)
Entstanden
- 2015
Ähnliche Objekte (12)
Fighting corruption in Africa: do existing corruption-control levels matter?
Fighting corruption when existing corruption-control levels count : what do wealth effects tell us?
Fighting African corruption when existing corruption-control levels matter in a dynamic cultural setting
Fighting corruption when existing corruption-control levels count: what do wealth-effects tell us in Africa?
Fighting corruption with cultural dynamics: when legal-origins, religious-influences and existing corruption-control levels matter
On the Effect of State fragility on Corruption
On the effect of foreign aid on corruption
On the dynamic effects of foreign aid on corruption
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa
Globalization, (fighting) corruption and development: how are these phenomena linearly and nonlinearly related in wealth effects?
On taxation, political accountability and foreign aid: empirics to a celebrated literature
The political economy of development assistance: peril to government quality dynamics in Africa
Fighting corruption in Africa: do existing corruption-control levels matter?
Fighting corruption when existing corruption-control levels count : what do wealth effects tell us?
Fighting African corruption when existing corruption-control levels matter in a dynamic cultural setting
Fighting corruption when existing corruption-control levels count: what do wealth-effects tell us in Africa?
Fighting corruption with cultural dynamics: when legal-origins, religious-influences and existing corruption-control levels matter
On the Effect of State fragility on Corruption
On the effect of foreign aid on corruption
On the dynamic effects of foreign aid on corruption
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa
Globalization, (fighting) corruption and development: how are these phenomena linearly and nonlinearly related in wealth effects?
On taxation, political accountability and foreign aid: empirics to a celebrated literature
The political economy of development assistance: peril to government quality dynamics in Africa
Fighting corruption in Africa: do existing corruption-control levels matter?
Fighting corruption when existing corruption-control levels count : what do wealth effects tell us?
Fighting African corruption when existing corruption-control levels matter in a dynamic cultural setting
Fighting corruption when existing corruption-control levels count: what do wealth-effects tell us in Africa?
Fighting corruption with cultural dynamics: when legal-origins, religious-influences and existing corruption-control levels matter
On the Effect of State fragility on Corruption
On the effect of foreign aid on corruption
On the dynamic effects of foreign aid on corruption
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa
Globalization, (fighting) corruption and development: how are these phenomena linearly and nonlinearly related in wealth effects?
On taxation, political accountability and foreign aid: empirics to a celebrated literature