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ARTÍCULOS ORIGINALES
ABRIL YURIKO HERRERA RÍOS, IRVIN MIKHAIL SOTO ZAZUETA
Revista Perspectiva Empresarial, Vol. 12, No. 1, enero-junio de 2025, 24-38
E-ISSN 2389-8194
Introduction
Corruption is a structural issue that weakens
governance, distorts economic growth, and erodes
public trust. Its negative impact on economic
performance has been widely studied, yet challenges
remain in establishing causality and generalizing
Mauro (1995) demonstrated that corruption
discourages investment by increasing uncertainty
and transaction costs, leading to slower capital
Similarly, Tanzi and Davoodi (2000) highlighted how
infrastructure projects, diverting resources from
essential services like healthcare and education.
in developing economies, where institutional
(Gupta, Davoodi and Alonso-Terme, 2000).
While corruption is generally viewed as an
obstacle to economic development, some scholars
propose an alternative perspective, commonly
referred to as the “grease the wheels” hypothesis
(Huntington, 1968; Leff, 1964). According to this
argument, in highly regulated environments,
corruption may facilitate economic transactions
However, this view remains controversial, as
more recent empirical studies suggest that any
long-term institutional deterioration, reduced
competitiveness, and deepening inequality caused
by corruption (Dong and Torgler, 2020).
A growing body of research has begun to
and environmental degradation, particularly
deforestation. Weak institutional frameworks
often allow illicit activities such as illegal
logging, unauthorized land use, and regulatory
degradation as a direct consequence of corruption.
Studies have linked governance failures to
weak law enforcement (Burgess et al., 2012; Bakhsh
and Ahmed, 2022). Dell (2010) found that regions
severe environmental damage, highlighting the
role of corruption in shaping ecological outcomes.
ranks consistently low on international corruption
faces severe deforestation, with illegal logging
UNEP, 2020). These environmental issues are often
tied to governance failures; as local authorities
Political clientelism and bribery have been linked
to increased deforestation rates, particularly in
states with high biodiversity and weak institutional
oversight (Brondízio et al., 2021). Given these
dynamics, environmental indicators such as tree
density and the Normalized Difference Vegetation
traditional corruption measures, providing a more
objective, spatially detailed approach to assessing
governance failures.
This study investigates the relationship
between corruption and economic growth in
variables to infer corruption levels. Unlike
traditional studies that rely on perception-based
indices, this approach utilizes satellite-derived
data to capture the indirect effects of corruption
on economic performance. By incorporating these
limitations commonly found in corruption research
while offering new insights into the broader
economic implications of governance failures.
A key methodological challenge in corruption-
growth studies is endogeneity, as corruption
simultaneously. To overcome this issue, this study
applies a Ridge Regression with Cross-Validation
among environmental indicators and corruption
estimates. The model is calibrated using economic
allowing for a comprehensive spatial analysis. This
methodological approach enhances the reliability
of the estimates and strengthens the validity of