• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Influence of Corruption on Economic Growth

ФИО студента: Chernikov Daniil

Руководитель: Oleg O. Zamkov

Кампус/факультет: International College of Economics and Finance

Программа: Double Degree Programme in Economics of the NRU HSE and the University of London (Bachelor)

Оценка: 7

Год защиты: 2016

In this paper, I investigate the influence of corruption on economic growth and development. Corruption level is counted by new instrument – percentage of cashless transactions in the economy. It is estimated by the proxy, using cash in the economy and overall monetary base. The usage of instrumental variable solve the problem of endogeneity and measurement errors. Panel data consists of 86 thousands observations for 214 countries over 36 years (1960-2015) and 23 variables. Empirical analysis shows, that corruption does not significantly influence economic growth. However, the strong evidence can be found in favor of its influence of economic development. Results are robust both for developed and developing countries.

Full text (added June 15, 2016)

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses