Corruption and Economic Growth: Empirical Evidence from BRICS Nations

Kesar, Ashmita; Jena, Pabitra Kumar

doi:10.1007/978-981-16-7062-6_10

Cited by 10 publications

(5 citation statements)

References 59 publications

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“…Their study hints at the potential for ICT to mitigate emissions, yet the research gap becomes evident as they do not examine the telecommunications sector's operational efficiencies or resilience in mitigating its carbon footprint. Kesar and Jena explore the effects of political stability and trade openness on economic growth, validating an inverted U-shaped relationship between corruption and economic growth [34]. Their study, while offering insights into economic dynamics, does not illuminate the specific challenges and opportunities faced by the telecommunications sector in navigating the political and trade landscapes of BRICS countries.…”

Section: Literature Reviewmentioning

confidence: 99%

Comparative Analysis of Telecommunications Infrastructure Resilience in BRICS Nations: An Integrated MCDM Approach

Wang,

Syu,

Nhieu

2024

IEEE Access

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This study conducts a detailed evaluation of telecommunications infrastructure across the BRICS nations (Brazil, Russia, India, China, and South Africa) using an integrated Multiple Criteria Decision-Making (MCDM) approach. The primary objectives are to assess the resilience and performance of telecommunications infrastructure in these countries, identifying strengths and weaknesses through a comprehensive analytical lens. Employing a novel combination of distance-based CRITIC and modified OCRA methods within the MCDM framework, the study aims to provide a nuanced analysis of various indicators, offering a holistic view of the telecommunications landscape in these emerging economies. The research focuses on comparing and contrasting the telecommunications sectors of the BRICS nations, culminating in a ranking system where India appears as the top performer. This innovative methodological approach provides valuable insights for policymakers, contributing to strategic development and enhancement of telecommunications infrastructure in these countries. The study also outlines its limitations and recommends future research directions, including broadening the range of indicators and conducting longitudinal studies.

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Section: Literature Reviewmentioning

confidence: 99%

Comparative Analysis of Telecommunications Infrastructure Resilience in BRICS Nations: An Integrated MCDM Approach

Wang,

Syu,

Nhieu

2024

IEEE Access

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“…It is found that corruption hinders economic growth, but its effects vary by region. Kesar and Jena (2022) investigate the effect of corruption on economic growth in the BRICS economies between 2002 and 2018.Using the augmented Solow Model as a theoretical perspective the panel ARDL results suggest that political stability along with trade openness improve economic performance. The inverted U-shaped relationship between corruption and economic growth is supported by the fact that, over time, corruption boosts economic growth to a certain extent .…”

Section: Literature Reviewmentioning

confidence: 99%

Corruption-Growth Nexus in the Emerging Market Economies: Empirical Evidence Using Panel Data

Rehman¹,

Bashir

Rashid³

et al. 2023

iRASD J. Eco.

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Corruption is a governance dilemma in emerging market economies (EMEs) with fragile law enforcement systems. Using annual data from 1997 to 2020, this study explores corruption-growth nexus in the World's most important emerging market economies. Since it takes into account the intrinsic characteristics of each country, the panel data fixed effect estimation method appears to be the best option. The fixed effect estimation results reveal that corruption has a significantly negative impact on economic growth of the EMEs under consideration, after controlling for the government spending, investment, human capital, trade openness, and population. The random effect estimation method used as a fallback does not significantly alter the empirical findings. A noteworthy fact revealed by the pragmatic findings is that when corruption is significant, the effect of government spending on economic growth becomes negative due to embezzlement and misallocation of public coffers.

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“…According to Hamid et al (2022), good governance, as represented by the control of corruption and the expansion of democracy, has a critical role in preventing carbon dioxide emissions, which is reflected in attracting foreign direct investment (FDI), which boosts economic growth. Kesar and Jena (2022) argued that the political stability of the BRICS countries in the period 2002-2018, using the ARDL model, had an upward effect on growth, while corruption REPS 8,1 had a U-shaped impact where it upwardly affected economic growth for specific periods and then diminished in effect. Olaniyan et al (2022) argue that improving the development gains of remittances depends mainly on strengthening governance institutions in ECOWAS nations.…”

Section: Governance and Economic Growth Literaturementioning

confidence: 99%

The impact of governance on economic growth: spatial econometric approach

Mahran

2022

REPS

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PurposeThis paper investigates the impact of governance on economic growth, considering the spatial dependence between countries.Design/methodology/approachThe study employs spatial regression models to estimate the impact of governance on economic growth in a sample of 116 countries worldwide in 2017.FindingsThe findings imply that the influence of governance on economic growth is statistically significant. Moreover, if all other economic control variables are constant, 1% increase in governance raises the economic growth on average by 1% at 10%, 5% and 1% significance levels, respectively. Furthermore, each country's rise in economic growth favorably and substantially influences the economic growth of its bordering nations. The unobserved characteristics or similar unobserved environments in adjacent countries also affect its economic growth.Originality/valueThis study adds to the discussion and investigation of the influence of governance on economic growth by considering the spatial dependence between countries, which is lacking in the literature.

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Corruption and Economic Growth: Empirical Evidence from BRICS Nations

Cited by 10 publications

References 59 publications

Comparative Analysis of Telecommunications Infrastructure Resilience in BRICS Nations: An Integrated MCDM Approach

Comparative Analysis of Telecommunications Infrastructure Resilience in BRICS Nations: An Integrated MCDM Approach

Corruption-Growth Nexus in the Emerging Market Economies: Empirical Evidence Using Panel Data

The impact of governance on economic growth: spatial econometric approach

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