Corruption, economic growth, and income inequality in Africa

Gyimah‐Brempong, Kwabena

doi:10.1007/s101010200045

“…The results of this study, conducted by Kwabena Gyimah-Brempong (2002), suggest that increasing the well-being of the majority of citizens in African countries can be improved by reducing corruption.…”

Section: Discussionmentioning

confidence: 78%

The Consequences of Corruption on Economic Growth in Mediterranean Countries: Evidence from Panel Data Analysis

Boussalham¹

2018

Preprint

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This study attempts to assess the impact of corruption on economic growth in the Mediterranean countries, during the period from 1998 to 2007. Econometric analysis using panel regression has been adopted to test this effect. Individual effects models such as random effects model and fixed effects model were applied to the study sample of 160 observations, and to choose the suitable model, we implemented several tests. For our analysis, we used a basic model that includes the dependent variable GDP per capita as a factor of economic growth and the corruption perception index as the independent variable concerned. Then we completed the model with several standardized macroeconomic control variables mentioned above and applied the individual effects models. The outcomes illustrate that corruption has a negative impact on the selected Mediterranean countries' economic growth.

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“…Brunetti, 1997;Poirson, 1998;Li et al, 2000;Mo, 2001;Del Monte and Pagagni, 2001;Leite and Weidmann, 2002;Gyimah-Brempong, 2002;Abed and Davoodi, 2002;Méon and Sekkat, 2005;and Castro, 2008).…”

Section: Determinants Of Fdi and Corruptionmentioning

confidence: 99%

Does corruption inhibit foreign direct investment?

Castro

¹

,

Nunes²

2013

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Globalization creates new opportunities for firms to invest abroad and many economies are making active efforts to attract Foreign Direct Investment (FDI) in order to promote economic growth. Decisions to invest abroad depend on a complex set of factors, but the least corrupt countries may attract more foreign direct investment because they provide a more favorable climate for investors. In this paper we investigate the impact of corruption on FDI inflows in 73 countries, over the period 1998-2008. Our results suggest that countries where corruption is lower, the FDI inflows are greater, and so controlling corruption may be an important strategy for increase FDI inflows. Keywords: Corruption, Foreign Direct Investment, economic growth. ¿La corrupción inhibe La inversión extranjera Directa?La globalización ha creado nuevas oportunidades para invertir en el extranjero y muchas economías están haciendo esfuerzos para atraer inversión extranjera directa (IED) con el fin de promover el crecimiento económico. La decisión de invertir en el extranjero depende de un complejo conjunto de factores. No obstante, los países menos corruptos pueden atraer más inversión extranjera directa, ya que proporcionan un clima más favorable para los inversionistas. En este trabajo se investiga el impacto de la corrupción sobre los flujos de IED en 73 países, en el período 1998-2008. Los resultados sugieren que los países donde la corrupción es menor, las entradas de IED son mayores, por lo que el control de la corrupción puede ser una estrategia importante para aumentar los flujos de IED. Palabras clave: corrupción, Inversión extranjera directa, crecimiento económico.

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“…The results of this study, conducted by Kwabena Gyimah-Brempong (2002), suggest that increasing the well-being of the majority of citizens in African countries can be improved by reducing corruption. This means that the process of economic development can be achieved using domestic resources without recourse to seeking outside help.…”

Section: Discussionmentioning

confidence: 78%

The Consequences of Corruption on Economic Growth in Mediterranean Countries: Evidence from Panel Data Analysis

Boussalham¹

2018

Preprint

1

0

View full text Add to dashboard Cite

This study attempts to assess the impact of corruption on economic growth in the Mediterranean countries, during the period from 1998 to 2007. Econometric analysis using panel regression has been adopted to test this effect. Individual effects models such as random effects model and fixed effects model were applied to the study sample of 160 observations, and to choose the suitable model, we implemented several tests. For our analysis, we used a basic model that includes the dependent variable GDP per capita as a factor of economic growth and the corruption perception index as the independent variable concerned. Then we completed the model with several standardized macroeconomic control variables mentioned above and applied the individual effects models. The outcomes illustrate that corruption has a negative impact on the selected Mediterranean countries' economic growth.

show abstract

Corruption, economic growth, and income inequality in Africa

Cited by 433 publications

References 36 publications

The Consequences of Corruption on Economic Growth in Mediterranean Countries: Evidence from Panel Data Analysis

The Consequences of Corruption on Economic Growth in Mediterranean Countries: Evidence from Panel Data Analysis

Does corruption inhibit foreign direct investment?

The Consequences of Corruption on Economic Growth in Mediterranean Countries: Evidence from Panel Data Analysis

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