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Corruption, particularly political or quot;grandquot; corruption, distorts the entire decision-making process connected … presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii … that corruption increases public investment while reducing its productivity. These are five channels through which …
Persistent link: https://www.econbiz.de/10012782148
This paper investigates the relationship between corruption and development. By a study of the determinants of the … phenomenon as well as its implications on growth, this paper address the corruption challenge faced by governments and … not entirely clear, it is however without debate to say that development is necessarily linked with anti-corruption …
Persistent link: https://www.econbiz.de/10013241159
This paper discusses the possible causes and consequences of corruption. It provides a synthetic review of recent … studies that analyze this phenomenon empirically. In addition, it presents further results on the effects of corruption on … growth and investment, and new cross-country evidence on the link between corruption and the composition of government …
Persistent link: https://www.econbiz.de/10012782010
Persistent link: https://www.econbiz.de/10010219954
Persistent link: https://www.econbiz.de/10011636040
Purpose: In this study, we contribute to the existing literature by examining the relationship between military spending changes and economic growth in China over the period 1995 to 2018 using granger causality test. We would also explore short and long run relationship between GDP growth and...
Persistent link: https://www.econbiz.de/10012834015
This paper reviews some of the theoretical and econometric issues involved in estimating growth models that include military spending. While the mainstream growth literature has not found military expenditure to be a significant determinant of growth, much of the defence economics literature has...
Persistent link: https://www.econbiz.de/10012767448
This paper has made an attempt to examine relationship between military expenditure and economic growth using 56 country panel data spanning over 1995—2011. Panel fixed effect model has been estimated for all 56 countries and sub-groups classified on the basis of World Bank income criteria....
Persistent link: https://www.econbiz.de/10012946629
This paper re-examines the long-run causal relationship between military expenditure and economic growth in China over the period 1952–2010. An empirical econometric analysis based on a Barro-style growth model is conducted. By employing the Bartlett corrected trace test, which provides better...
Persistent link: https://www.econbiz.de/10014157943
We estimate the influence of defense spending and military labor use on economic growth in African and Latin American countries. Our model integrates disparate implications from the defense economics literature into a Barro-style model of economic growth that controls for political and economic...
Persistent link: https://www.econbiz.de/10014070945