The Multifaceted Impact of Corruption on International Trade
(2012) In World Economy 35(5). p.651-666- 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 channels through which corruption affects international trade. The... (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/2799110
- author
- Thede, Susanna LU and Gustafson, Nils-Åke
- organization
- publishing date
- 2012
- type
- Contribution to journal
- publication status
- published
- subject
- in
- World Economy
- volume
- 35
- issue
- 5
- pages
- 651 - 666
- publisher
- Wiley-Blackwell
- external identifiers
-
- wos:000303598200006
- scopus:84860568169
- ISSN
- 1467-9701
- DOI
- 10.1111/j.1467-9701.2012.01436.x
- language
- English
- LU publication?
- yes
- id
- d829731d-3dff-4e30-90c3-1f88b1554e14 (old id 2799110)
- date added to LUP
- 2016-04-01 15:01:05
- date last changed
- 2022-03-06 22:20:19
@article{d829731d-3dff-4e30-90c3-1f88b1554e14,
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 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.}},
author = {{Thede, Susanna and Gustafson, Nils-Åke}},
issn = {{1467-9701}},
language = {{eng}},
number = {{5}},
pages = {{651--666}},
publisher = {{Wiley-Blackwell}},
series = {{World Economy}},
title = {{The Multifaceted Impact of Corruption on International Trade}},
url = {{http://dx.doi.org/10.1111/j.1467-9701.2012.01436.x}},
doi = {{10.1111/j.1467-9701.2012.01436.x}},
volume = {{35}},
year = {{2012}},
}