We find that new states are perceived to be more corrupt even though businesses do not report more bribery in newer states. This is suggestive of an unearned, and likely high, reputational cost to being a new state. These findings hold over a number of specifications that include additional economic, historical and geographic controls.
|Peer-reviewed scientific journal||Applied Economics Letters|
|Number of pages||4|
|Publication status||Published - 22.02.2018|
|MoE publication type||A1 Journal article - refereed|
- 511 Economics
- corruption perceptions
- state age