The Multifaceted Impact of Corruption on International Trade
(2009)- Abstract
- The purpose of this paper is to perform a detailed examination of corruption effects on trade
based on corruption characteristics known to affect economic exchange within the corruption
research field. These characteristics are the level, prevalence, customs location, function and
predictability of corruption. The multifaceted corruption impact on trade is empirically
examined using a corruption-augmented gravity equation. The equation is estimated using a
Heckman version of a GMM instrumental variable method. Our results provide strong
evidence of that import flows vary systematically with the investigated corruption
characteristics and enable the identification of... (More) - The purpose of this paper is to perform a detailed examination of corruption effects on trade
based on corruption characteristics known to affect economic exchange within the corruption
research field. These characteristics are the level, prevalence, customs location, function and
predictability of corruption. The multifaceted corruption impact on trade is empirically
examined using a corruption-augmented gravity equation. The equation is estimated using a
Heckman version of a GMM instrumental variable method. Our results provide strong
evidence of that import flows vary systematically with the investigated corruption
characteristics and enable the identification of channels through which corruption affects
international trade. The empirical investigation clearly indicates the need to examine the
multifaceted role of corruption to properly assess the trade effects of corruption. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/1763297
- author
- Thede, Susanna LU and Gustafson, Nils-Åke
- organization
- publishing date
- 2009
- type
- Working paper/Preprint
- publication status
- in press
- subject
- keywords
- F10, K40, D73
- publisher
- Department of Economics, Lund University
- language
- English
- LU publication?
- yes
- id
- abec77b4-5554-400f-abc5-e662df6d0528 (old id 1763297)
- date added to LUP
- 2016-04-04 11:14:48
- date last changed
- 2018-11-21 21:03:36
@misc{abec77b4-5554-400f-abc5-e662df6d0528,
abstract = {{The purpose of this paper is to perform a detailed examination of corruption effects on trade <br/><br>
based on corruption characteristics known to affect economic exchange within the corruption <br/><br>
research field. These characteristics are the level, prevalence, customs location, function and <br/><br>
predictability of corruption. The multifaceted corruption impact on trade is empirically <br/><br>
examined using a corruption-augmented gravity equation. The equation is estimated using a <br/><br>
Heckman version of a GMM instrumental variable method. Our results provide strong <br/><br>
evidence of that import flows vary systematically with the investigated corruption <br/><br>
characteristics and enable the identification of channels through which corruption affects <br/><br>
international trade. The empirical investigation clearly indicates the need to examine the <br/><br>
multifaceted role of corruption to properly assess the trade effects of corruption.}},
author = {{Thede, Susanna and Gustafson, Nils-Åke}},
keywords = {{F10; K40; D73}},
language = {{eng}},
note = {{Working Paper}},
publisher = {{Department of Economics, Lund University}},
title = {{The Multifaceted Impact of Corruption on International Trade}},
year = {{2009}},
}