Table 5.

. | (1) Tau . | (2) Tau . | (3) Tau . | (4) Tau . | (5) Tau . | (6) Tau . |
---|---|---|---|---|---|---|

TI corruption score | 0.617 | 0.587 | 0.685 | |||

(0.286) | (0.321) | (0.127) | ||||

Electricity losses | 0.268 | 0.254 | 0.593 | |||

(0.303) | (0.226) | (0.153) | ||||

Dougherty measure | −0.594 | −0.494 | ||||

(inspection reforms) | (0.0910) | (0.0917) | ||||

Electricity | 0.139 | |||||

available (GWH) | (0.197) | |||||

Constant | 0.247 | 2.736 | −2.864 | −0.486 | −4.347 | −3.698 |

(0.233) | (4.438) | (3.497) | (0.251) | (3.570) | (3.937) | |

Observations | 20 | 20 | 19 | 35 | 32 | 21 |

Controls | No | Yes | Yes | No | Yes | Yes |

. | (1) Tau . | (2) Tau . | (3) Tau . | (4) Tau . | (5) Tau . | (6) Tau . |
---|---|---|---|---|---|---|

TI corruption score | 0.617 | 0.587 | 0.685 | |||

(0.286) | (0.321) | (0.127) | ||||

Electricity losses | 0.268 | 0.254 | 0.593 | |||

(0.303) | (0.226) | (0.153) | ||||

Dougherty measure | −0.594 | −0.494 | ||||

(inspection reforms) | (0.0910) | (0.0917) | ||||

Electricity | 0.139 | |||||

available (GWH) | (0.197) | |||||

Constant | 0.247 | 2.736 | −2.864 | −0.486 | −4.347 | −3.698 |

(0.233) | (4.438) | (3.497) | (0.251) | (3.570) | (3.937) | |

Observations | 20 | 20 | 19 | 35 | 32 | 21 |

Controls | No | Yes | Yes | No | Yes | Yes |

This table reports the results of our estimated regulatory costs (tau) regressed against two different measures of corruption. Controls include the log of net state domestic product per capita in 2005 and the share of privately owned establishments. Robust standard errors are reported in parentheses. Observations are weighted by the inverse variance of tau and include all Indian states and union territories for which data are available.

Sources: Transparency International (2005), RBI, and Dougherty (2009).

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