000091006 001__ 91006
000091006 005__ 20180122213048.0
000091006 037__ $$a832-2016-55400
000091006 041__ $$aen
000091006 084__ $$aD720
000091006 084__ $$aH110
000091006 084__ $$aK420
000091006 245__ $$aThe Consequences of Corruption: Evidences from China
000091006 260__ $$c2010-06
000091006 269__ $$a2010-06
000091006 270__ $$mbenno.torgler@qut.edu.au$$pTorgler,   Benno
000091006 300__ $$a45
000091006 336__ $$aWorking or Discussion Paper
000091006 490__ $$aIM
000091006 490__ $$a73.2010
000091006 520__ $$aWith complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional environment (“grease the wheels” and “sand the wheels”). Corruption is observed to considerably increase income inequality in China. We also find that corruption strongly reduces tax revenue. Looking at things from an expenditure point of view we observe that corruption significantly decreases government spending on education, R&D and public health in China. We also observe that regional corruption significantly reduces inbound foreign direct investment in Chinese regions, which indicates that the pollution haven hypothesis may not hold in China. This finding sheds a new light on the “China puzzle” that China is the largest developing host of FDI while it is appears to be very corrupt. Finally we observe that corruption substantially aggravates pollution probably through loosening environment regulation, and that it modifies the effects of trade openness and FDI on the stringency of environmental policy in a manner opposite to that observed in literature to date.
000091006 542__ $$fLicense granted by Nancy Elera (nancy.elera@feem.it) on 2010-06-15T08:13:12Z (GMT):

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000091006 650__ $$aPolitical Economy
000091006 6531_ $$aCorruption
000091006 6531_ $$aChina
000091006 6531_ $$aGovernment
000091006 6531_ $$aEconomic Development
000091006 6531_ $$aInequality
000091006 6531_ $$aEnvironment
000091006 700__ $$aDong, Bin
000091006 700__ $$aTorgler, Benno
000091006 8564_ $$s416863$$uhttp://ageconsearch.umn.edu/record/91006/files/NDL2010-073.pdf
000091006 887__ $$ahttp://purl.umn.edu/91006
000091006 909CO $$ooai:ageconsearch.umn.edu:91006$$pGLOBAL_SET
000091006 912__ $$nSubmitted by Nancy Elera (nancy.elera@feem.it) on 2010-06-15T08:20:06Z
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  Previous issue date: 2010-06
000091006 982__ $$gFondazione Eni Enrico Mattei (FEEM)>Institutions and Markets Papers
000091006 980__ $$a832