How Does Corruption Affect Economic Growth? An Econometric Analysis

Authors

  • N N Tarun Chakravorty Siberian Federal University

DOI:

https://doi.org/10.33423/jlae.v16i4.2368

Keywords:

Leadership, Accountability, Ethics, Corruption, Economic Growth, Freedom, Recruitment Quality, Econometric Analysis

Abstract

This paper investigates the growth-corruption link in a non-linear relationship in interaction with freedom status, recruitment quality and openness of the economy, and looks into the impact of corruption using cross-sectional and panel data. Examining the growth-corruption link in interaction with recruitment quality is new in the literature. A rigorous econometric exercise has been done to conduct the investigation and various techniques have been applied to have robust results. It is found that corruption exerts a positive but small impact on economic growth, which varies with changes in freedom status, executive recruitment quality and openness of the economy.

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Published

2019-11-26

How to Cite

Chakravorty, N. N. T. (2019). How Does Corruption Affect Economic Growth? An Econometric Analysis. Journal of Leadership, Accountability and Ethics, 16(4). https://doi.org/10.33423/jlae.v16i4.2368

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Section

Articles