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Impact of Corruption on Business Development: Empirical Estimates

https://doi.org/10.32609/0042-8736-2013-9-91-105

Abstract

The paper considers the relationship of corruption and domestic business environment. The authors propose a method of quantitative estimation of the impact of corruption on the business climate through the use of international ratings. The quantitative estimations obtained allow to construct an alternative rating of business environment, free of the influence of corruption, and estimate, with its help, the comparative advantages of Russia as of late 2012. In addition the paper determines the limits of possible improvement of the business climate in Russia on the assumption that the effectiveness of anti-corruption policy would be low.

About the Authors

E. Belyanova
elena.belyanova@gmail.com
Russian Federation


S. Nikolaenko
State Corporation ”Vnesheconombank” (Moscow, Russia)
Russian Federation


References

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Review

For citations:


Belyanova E., Nikolaenko S. Impact of Corruption on Business Development: Empirical Estimates. Voprosy Ekonomiki. 2013;(9):91-105. (In Russ.) https://doi.org/10.32609/0042-8736-2013-9-91-105

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ISSN 0042-8736 (Print)