Does corruption facilitate growth? : a cross-national study in a non-linear framework

Shrabani Saha, Girijasankar Mallik, Dimitrios Vortelinos

Research output: Contribution to journalArticlepeer-review

4 Citations (Scopus)

Abstract

The article examines the corruption–growth relationship in a non-linear framework using panel fixed effects (FE) and system generalized methods of moments (SGMM) model for over 110 countries for the period 1984–2009. The results reveal that the least corrupt countries enjoy higher growth rates, whereas highly corrupt countries experience low growth. Furthermore, corruption has a positive and significant effect on economic growth up to a certain level and thereafter it reduces growth. The results are robust under various methodology and an alternative measure of corruption. JEL Classification: D73, O47, O50.

Original languageEnglish
Pages (from-to)178-193
Number of pages16
JournalSouth Asian Journal of Macroeconomics and Public Finance
Volume6
Issue number2
DOIs
Publication statusPublished - 1 Dec 2017

Bibliographical note

Publisher Copyright:
© 2017, © 2017 SAGE Publications.

Keywords

  • corruption
  • growth

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