发展中经济体可持续生产力面临的挑战:能源短缺和腐败

N. Apergis, M. Lau, Zezeng Li
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引用次数: 1

摘要

摘要发展中国家电力短缺,给工业企业带来了严重的问题,并给它们通过贿赂获取电力资源提供了相当大的激励。我们调查了公司的收入、销售额和生产力如何受到贿赂以获得电力连接的影响。我们使用普通最小二乘(OLS)、分位数和工具变量(IV)分位数回归分析。OLS估计显示对销售额和生产力的负面影响,对盈利能力的正面影响,而分位数回归显示对所有分位数的销售额都有负面影响,而对较低分位数的生产力有正面影响。由于这项研究表明贿赂可能会对生产力产生负面影响,因此它告诉股东贿赂可能会损害他们的长期利益。
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Challenges for sustainable productivity in developing economies: shortage of energy and corruption
ABSTRACT Developing countries suffer from shortages of electricity, posing a severe problem for industrial firms and giving them considerable incentives to access electricity resources through bribery. We investigate how firms’ revenues, sales and productivity are affected by payments of bribes to obtain electricity connections. We use ordinary least squares (OLS), quantile and instrumental variable (IV) quantile regression analysis. OLS estimates reveal a negative effect on sales and productivity and a positive impact on profitability, while quantile regression suggests a negative effect on sales across all quantiles and a positive effect on productivity at the lower quantile. Since this research shows that bribery may negatively influence productivity, it informs shareholders that bribery may be detrimental to their long-term benefits.
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来源期刊
CiteScore
4.50
自引率
5.00%
发文量
22
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