{"id":1407,"date":"2021-02-04T17:10:17","date_gmt":"2021-02-04T16:10:17","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-fr\/events\/research-economic-seminar-corruption-and-growth-long-run-historical-evidence\/"},"modified":"2021-02-04T17:10:17","modified_gmt":"2021-02-04T16:10:17","slug":"research-economic-seminar-corruption-and-growth-long-run-historical-evidence","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-fr\/events\/research-economic-seminar-corruption-and-growth-long-run-historical-evidence\/","title":{"rendered":"Research Economic Seminar: Corruption and Growth: Long-run Historical Evidence"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>We employ a newly assembled indicator of corruption from Varieties of Democracy (V-Dem) to examine the effects of corruption on economic growth. The V-Dem indicator is coded for almost all contemporary and historical polities since the year 1900 and, for some countries, since the French Revolution. This extensive data source allows us to exploit long-run, slow-moving variation within countries for identification, circumventing many of the difficulties faced by previous studies based on cross-section data or short panels. We present robust evidence of a negative, linear causal effect of corruption on the steady-state rate of growth. Corruption, however, interacts with the institutional environment, giving rise to substantial effects heterogeneities in line with a weak form of the \u2018grease the wheels\u2019 hypothesis. In particular, corruption is found to be significantly more deleterious for growth in democracies than in autocracies. Our findings suggest that anti-corruption efforts should be targeted to the countries where corruption is more harmful for development.<\/p><p><\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>We employ a newly assembled indicator of corruption from Varieties of Democracy (V-Dem) to examine the effects of corruption on economic growth. The V-Dem indicator is coded for almost all contemporary and historical polities since the year 1900 and, for some countries, since the French Revolution. This extensive data source allows us to exploit long-run, slow-moving variation within countries for identification, circumventing many of the difficulties faced by previous studies based on cross-section data or short panels. We present robust evidence of a negative, linear causal effect of corruption on the steady-state rate of growth. Corruption, however, interacts with the institutional environment, giving rise to substantial effects heterogeneities in line with a weak form of the \u2018grease the wheels\u2019 hypothesis. In particular, corruption is found to be significantly more deleterious for growth in democracies than in autocracies. Our findings suggest that anti-corruption efforts should be targeted to the countries where corruption is more harmful for development.<\/p>\n","protected":false},"author":0,"featured_media":1408,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2021-02-11 13:00:00","event_end_date":"2021-02-11 14:00:00","event_speaker_name":"Luca Uberti, Department of Economics and Management, Universit\u00e9 du Luxembourg","event_speaker_link":"","event_is_online":false,"event_location":"Participation by invitation\r\n\r\nOnline via Webex","event_street":"","event_location_link":"","event_zip_code":"","event_city":"","event_country":"LU"},"events-topic":[298],"events-type":[],"organisation":[137],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Research Economic Seminar: Corruption and Growth: Long-run Historical Evidence - FDEF I Uni.lu<\/title>\n<meta name=\"description\" content=\"We employ a newly assembled indicator of corruption from Varieties of Democracy (V-Dem) to examine the effects of corruption on economic growth. The V-Dem indicator is coded for almost all contemporary and historical polities since the year 1900 and, for some countries, since the French Revolution. This extensive data source allows us to exploit long-run, slow-moving variation within countries for identification, circumventing many of the difficulties faced by previous studies based on cross-section data or short panels. We present robust evidence of a negative, linear causal effect of corruption on the steady-state rate of growth. Corruption, however, interacts with the institutional environment, giving rise to substantial effects heterogeneities in line with a weak form of the \u2018grease the wheels\u2019 hypothesis. In particular, corruption is found to be significantly more deleterious for growth in democracies than in autocracies. Our findings suggest that anti-corruption efforts should be targeted to the countries where corruption is more harmful for development.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-fr\/events\/research-economic-seminar-corruption-and-growth-long-run-historical-evidence\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Research Economic Seminar: Corruption and Growth: Long-run Historical Evidence\" \/>\n<meta property=\"og:description\" content=\"We employ a newly assembled indicator of corruption from Varieties of Democracy (V-Dem) to examine the effects of corruption on economic growth. The V-Dem indicator is coded for almost all contemporary and historical polities since the year 1900 and, for some countries, since the French Revolution. This extensive data source allows us to exploit long-run, slow-moving variation within countries for identification, circumventing many of the difficulties faced by previous studies based on cross-section data or short panels. We present robust evidence of a negative, linear causal effect of corruption on the steady-state rate of growth. Corruption, however, interacts with the institutional environment, giving rise to substantial effects heterogeneities in line with a weak form of the \u2018grease the wheels\u2019 hypothesis. In particular, corruption is found to be significantly more deleterious for growth in democracies than in autocracies. 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