Dr. Arwi Kriz Presents at the Public Management Research Conference on Corruption and Efficiency in Public Capital Spending
Dr. Arwi Kriz presented her most recent research examining the link between corruption and public capital spending efficiency. While most of the existing research on this topic has tried to associate public capital spending levels with corruption, Dr. Kriz points out that more sophisticated measures of efficiency are available. These measures capture the growth of productivity in public capital investment, a key topic for understanding efficiency of public sector activities. She finds that, controlling for other reasonable explanations, an increase of 10% in incidences of corruption reduces public capital productivity growth by 1.3%. While the magnitude of the effect is not large, there is an inverse relationship between corruption and productivity growth. You can find the presentation from the conference on the Academic Papers and Presentation page.