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- W4296360478 abstract "Corruption is a widespread phenomenon and is hard to measure and quantify. Ever since the publication perception of corruption indices by Transparency International (TI) and University of Gottingen for various countries in 1994 attempts have been made to investigate the sources and impact of corruption on the economy. Considering an economic approach to corruption, in this paper we examine the sources of corruption using the data on cross-section of countries at different stages of economic development at two points of time 2003 and 2013.Further we investigate regional differences in the causes of corruption. Using corruption perception index, we find that economic growth, size of the public sector and the human development are significant individually in both the years. There are statistically significant regional differences in the sources of corruption. The growth impact on corruption is not significant at the regional level. Similarly, the size of the public sector is significant in Asia Pacific, EU and in American continent countries. Finally, literacy is significant in every region except in the Middle East. The results have interesting policy implications for economic growth, especially in low-income countries with high rates of corruption." @default.
- W4296360478 created "2022-09-20" @default.
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- W4296360478 date "2022-01-01" @default.
- W4296360478 modified "2023-10-07" @default.
- W4296360478 title "CORRUPTION AND ECONOMIC DEVELOPMENT: AN ECONOMETRIC PERSPECTIVE ON REGIONAL VARIATIONS" @default.
- W4296360478 doi "https://doi.org/10.47509/ijaber.2022.v03i01.07" @default.
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