Abstract
Purpose
– The purpose of this paper is to assess the determinants of corruption-control (CC) with freedom dynamics (economic, political, press and trade), government quality (GQ) and a plethora of socio-economic factors in 46 African countries using updated data.
Design/methodology/approach
– A quantile regression approach is employed while controlling for the unobserved heterogeneity. Principal component analysis is also used to reduce the dimensions of highly correlated variables.
Findings
– With the legal origin fundamental characteristic, the following findings have been established. First, while political freedom increases CC in a bottom quantile of English common-law countries, there is no such evidence in their French civil-law counterparts. Second, GQ consistently improves CC across all quantiles in English common-law countries but fails to exert the same effect in middle quantiles of French civil-law countries. Third, economic freedom ameliorates CC only in common-law countries with low existing CC levels (bottom quantiles). Fourth, The authors find no significant evidence of a positive “press freedom”-CC nexus and having the status of low-income English common-law (French civil law) countries decreases (increases) CC. From a religious domination scenario, the authors also find the following. First, political and trade freedoms only reduce CC in Christian-dominated countries while press freedom has a mitigation effect in both religious cultures (though more consistent across quantiles of Christian-oriented countries). Second, GQ is more pro-CC in Christian than in Muslim-dominated countries. Third, while economic freedom has a scanty negative nexus with CC in Christian-oriented countries, the effect is positive in their Muslim-dominated counterparts. Fourth, having a low-income status in countries with Christian common-law tradition improves CC.
Originality/value
– The authors complement the literature on the fight against corruption in Africa by employing recently documented additional factors that should be considered in corruption studies.
Subject
General Social Sciences,Economics and Econometrics
Reference32 articles.
1. African Development Bank
(2006), “Combating corruption in Africa: issues and challenges”, Concept Note Paper for the 2006 Annual Meetings, African Development Bank, Ouagadougou, May 17-18.
2. Asongu, S.A.
(2012a), “On the effect of foreign aid on corruption”, Economics Bulletin, Vol. 32 No. 3, pp. 2174-2180.
3. Asongu, S.A.
(2012b), “Fighting software piracy in Africa: how do legal origins and IPRs protection channels matter?”, Journal of the Knowledge Economy, forthcoming, available at: http://link.springer.com/article/10.1007/s13132-012-0137-0 (accessed February 11, 2012).
4. Asongu, S.A.
(2012c), “Government quality determinants of stock market performance in African countries”, Journal of African Business, Vol. 13 No. 3, pp. 183-199.
5. Asongu, S.A.
(2013a), “On the effectiveness of foreign aid in institutional quality”, European Economics Letters, Vol. 2 No. 1, pp. 12-19.
Cited by
11 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献