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Abstract: We report quantitative relations between corruption level and economicfactors, such as country wealth and foreign investment per capita, which arecharacterized by a power law spanning multiple scales of wealth and investmentsper capita. These relations hold for diverse countries, and also remain stableover different time periods. We also observe a negative correlation betweenlevel of corruption and long-term economic growth. We find similar results fortwo independent indices of corruption, suggesting that the relation betweencorruption and wealth does not depend on the specific measure of corruption.The functional relations we report have implications when assessing therelative level of corruption for two countries with comparable wealth, and forquantifying the impact of corruption on economic growth and foreigninvestments.



Autor: Jia Shao, Plamen Ch. Ivanov, Boris Podobnik, H. Eugene Stanley

Fuente: https://arxiv.org/







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