Kalyuzhnova, Y.Kutan, A. M.Yiğit, Taner2016-02-082016-02-0820090888-7233http://hdl.handle.net/11693/26750We empirically model the causes of corruption and test the economic development-corruption link in energy-rich economies, using data from 48 countries with energy resources. The results indicate that energy abundance may not necessarily hurt economic development in energy-rich countries, allowing enterprises to conduct business more effectively to reduce corruption, establishing a better political (democratic) regime improves corruption rankings, and finally while corruption reduces both the level of GDP per capita and its growth rate, economic development decreases corruption.EnglishCorruptionEnergy rich economiesGovernment policyGrowthArticle10.1057/ces.2008.461478-3320