EFFECTS OF CORRUPTION CONTROL ON ECONOMIC GROWTH

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SABAHI AHMAD; MALEK ALSADATI S.

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Journal: Iranian Journal of Trade Studies Year:2010 | Volume:14 | Issue:53 Page(s): 131-158

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Title

EFFECTS OF CORRUPTION CONTROL ON ECONOMIC GROWTH

Author(s)

SABAHI AHMAD | MALEK ALSADATI S. | Issue Writer Certificate

Keywords

CONTROL OF CORRUPTIONQ2

ECONOMIC GROWTHQ2

PANEL DATAQ2

Abstract

This research has examined effects of corruption on ECONOMIC GROWTH in the broad sample of countries from 1996 to 2006. Financial corruption usually defined as an abuse of public authority to gain personal interests.Economics theoretical literature presents a dual view about relation between corruption and ECONOMIC GROWTH. The first branch the economic theory claims that corruption can increas ECONOMIC GROWTH (particularly in less developed countries) through overcoming rigid and inefficient laws and regulations imposed by government. On the other hand some theories argue that corruption decreases ECONOMIC GROWTH by harming the suitable performance of markets.This paper has examined the effects of financial corruption on the ECONOMIC GROWTH in three groups including low income countries, middle income countries and high income countries. To estimate our econometric model we have used PANEL DATA technique and to measure the amount of corruption we have used CONTROL OF CORRUPTION index prepared by World Bank institute.Although in the middle and high income countries, CONTROL OF CORRUPTION has a positive and significant effect on ECONOMIC GROWTH, in the low income countries this relation is negative and strongly significant.

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APA: Copy

SABAHI, AHMAD, & MALEK ALSADATI, S.. (2010). EFFECTS OF CORRUPTION CONTROL ON ECONOMIC GROWTH. IRANIAN JOURNAL OF TRADE STUDIES (IJTS), 14(53), 131-158. SID. https://sid.ir/paper/7157/en

Vancouver: Copy

SABAHI AHMAD, MALEK ALSADATI S.. EFFECTS OF CORRUPTION CONTROL ON ECONOMIC GROWTH. IRANIAN JOURNAL OF TRADE STUDIES (IJTS)[Internet]. 2010;14(53):131-158. Available from: https://sid.ir/paper/7157/en

IEEE: Copy

AHMAD SABAHI, and S. MALEK ALSADATI, “EFFECTS OF CORRUPTION CONTROL ON ECONOMIC GROWTH,” IRANIAN JOURNAL OF TRADE STUDIES (IJTS), vol. 14, no. 53, pp. 131–158, 2010, [Online]. Available: https://sid.ir/paper/7157/en

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