Corruption, efficiency and productivity in OECD countries

Over the last decade there has been growing interest in understanding the relationship between corruption and economic performance. The principal motivation of this work is to analyze whether corruption affects the economic results of OECD countries from a productivity-based perspective. To this end, we shall adopt a frontier approach which will allow us, on the one hand, to study whether corruption conditions the efficiency levels at which the economies perform and, on the other, to determine the channels through which it can affect productivity growth, whether by influencing improvements in relative efficiency levels or by shifting the production frontier.