Do Corruption and Social Trust affect Economic Growth? A Review

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review

Standard

Do Corruption and Social Trust affect Economic Growth? A Review. / Serritzlew, Søren ; Sønderskov, Kim Mannemar ; Svendsen, Gert Tinggaard.

In: Journal of Comparative Policy Analysis, Vol. 16, No. 2, 06.2014, p. 121-139.

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review

Bibtex

@article{8d33bd8a9d6e41518ead4d8993ed143b,

title = "Do Corruption and Social Trust affect Economic Growth? A Review",

abstract = "Two separate literatures suggest that corruption and social trust, respectively, are related to economic growth, although the strengths of the relationships, and the direction of causality, are still debated. In this paper, we review these literatures and evaluate the evidence for causal effects of corruption and trust on economic growth, and discuss how corruption and trust are interrelated. The reviews show that absence of corruption and high levels of social trust foster economic growth. The literatures also indicate that corruption has a causal effect on social trust, while the opposite effect is more uncertain. In the conclusion, we offer the suggestion that fighting corruption may yield a “double dividend”, as reduced corruption is likely to have both direct and indirect effects on growth.",

author = "S{\o}ren Serritzlew and S{\o}nderskov, {Kim Mannemar} and Svendsen, {Gert Tinggaard}",

year = "2014",

month = jun,

doi = "10.1080/13876988.2012.741442",

language = "English",

volume = "16",

pages = "121--139",

journal = "Journal of Comparative Policy Analysis",

issn = "1387-6988",

publisher = "Routledge",

number = "2",

}

RIS

TY - JOUR

T1 - Do Corruption and Social Trust affect Economic Growth? A Review

AU - Serritzlew, Søren

AU - Sønderskov, Kim Mannemar

AU - Svendsen, Gert Tinggaard

PY - 2014/6

Y1 - 2014/6

N2 - Two separate literatures suggest that corruption and social trust, respectively, are related to economic growth, although the strengths of the relationships, and the direction of causality, are still debated. In this paper, we review these literatures and evaluate the evidence for causal effects of corruption and trust on economic growth, and discuss how corruption and trust are interrelated. The reviews show that absence of corruption and high levels of social trust foster economic growth. The literatures also indicate that corruption has a causal effect on social trust, while the opposite effect is more uncertain. In the conclusion, we offer the suggestion that fighting corruption may yield a “double dividend”, as reduced corruption is likely to have both direct and indirect effects on growth.

AB - Two separate literatures suggest that corruption and social trust, respectively, are related to economic growth, although the strengths of the relationships, and the direction of causality, are still debated. In this paper, we review these literatures and evaluate the evidence for causal effects of corruption and trust on economic growth, and discuss how corruption and trust are interrelated. The reviews show that absence of corruption and high levels of social trust foster economic growth. The literatures also indicate that corruption has a causal effect on social trust, while the opposite effect is more uncertain. In the conclusion, we offer the suggestion that fighting corruption may yield a “double dividend”, as reduced corruption is likely to have both direct and indirect effects on growth.

U2 - 10.1080/13876988.2012.741442

DO - 10.1080/13876988.2012.741442

M3 - Journal article

VL - 16

SP - 121

EP - 139

JO - Journal of Comparative Policy Analysis

JF - Journal of Comparative Policy Analysis

SN - 1387-6988

IS - 2

ER -

Department of Political Science