Abstract
There is no clear consensus on the effects of corruption in different economic dimensions, although it is normally perceived as harmful for variables such as growth or FDI. The aim of the paper is to determine the effect of corruption on human development in Latin America and China. The methodology employed is a static data panel with the Prais-Winsten transformation with corrected standard errors for correlated panels (PCSE), and dynamic panel data from the Generalized Method of Moments (GMM) and SYS-GMM, for 18 Latin American countries and China for the period 2001-2019. It is shown that corruption serves as a development constraint for most of the countries in the sample. However, for some countries like China, it is found that corruption has a positive effect. There is also a significant difference in the sensitivity of development to corruption among countries.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
