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The economic impact of anti-corruption campaigns: New materials for new research agendas in China

The economic impact of anti-corruption campaigns: New materials for new research agendas in China
The economic impact of anti-corruption campaigns: New materials for new research agendas in China

Corruption plagues both developed and developing countries. It is a serious obstacle to China’s development that is too perilous to ignore. However, conducting research on corruption, which is characterised as being the most secretive type of behaviour, is particularly difficult. Applying the vector autoregressive model (VAR) to consecutive 36-month data, the authors analyse empirically the corruption status quo and its impact in China. The authors discover short-term negative impacts of the current anti-corruption campaign in China on the economic growth of its state-owned industries, while any positive effects, e.g. improved quality of economic growth, cannot be demonstrated. The objective data used reduce significantly the confusion surrounding traditional (anti-)corruption studies, which have relied heavily on survey data or subjective evaluation.

0219-7472
124-142
Zang, Leizhen
28e991f7-16d2-4c69-8132-26402c3a0d3c
Jiang, Weimin
ec29ff99-b43f-4197-bd7c-274c083b3f67
Bastin, Mike
552fc8dd-1b27-437e-b3b5-537c828a8eac
Zang, Leizhen
28e991f7-16d2-4c69-8132-26402c3a0d3c
Jiang, Weimin
ec29ff99-b43f-4197-bd7c-274c083b3f67
Bastin, Mike
552fc8dd-1b27-437e-b3b5-537c828a8eac

Zang, Leizhen, Jiang, Weimin and Bastin, Mike (2018) The economic impact of anti-corruption campaigns: New materials for new research agendas in China. China: An International Journal, 16 (4), 124-142.

Record type: Article

Abstract

Corruption plagues both developed and developing countries. It is a serious obstacle to China’s development that is too perilous to ignore. However, conducting research on corruption, which is characterised as being the most secretive type of behaviour, is particularly difficult. Applying the vector autoregressive model (VAR) to consecutive 36-month data, the authors analyse empirically the corruption status quo and its impact in China. The authors discover short-term negative impacts of the current anti-corruption campaign in China on the economic growth of its state-owned industries, while any positive effects, e.g. improved quality of economic growth, cannot be demonstrated. The objective data used reduce significantly the confusion surrounding traditional (anti-)corruption studies, which have relied heavily on survey data or subjective evaluation.

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Published date: 1 November 2018

Identifiers

Local EPrints ID: 429382
URI: https://eprints.soton.ac.uk/id/eprint/429382
ISSN: 0219-7472
PURE UUID: 27bc24ee-7314-487b-8c9d-1290be76f18d

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Date deposited: 27 Mar 2019 17:30
Last modified: 27 Mar 2019 17:30

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