Spillover Effects of Tolurism Policy Changes on Hospitality Industries
摘要：
This study empirically explores the relationship between corruption and the quality of political management in developing nations using a cross-country data set. Specifically, this analysis jointly considers the two theoretical effects of corruption, ‘grease the wheels’ and ‘sand in the wheels’, argued in the literature to determine if a nonlinear relationship exists between corruption and the quality of political management. Using a cross-country data set of 114 countries, the results of this study suggest that corruption has an overall negative effect on the quality of political management in developing nations; however, political managers can benefit from a minimal level of corruption and that the complete absence of corruption can hinder the effectiveness of political managers. The Concluding Comments section includes a discussion of the policy implications of the findings.
