Abstract
The corruption is the issue that is frequently perceived as unfavorable to
economic growth. This study addresses the econometric shortcomings of
the literature and provides an estimate the impact of corruption on
economic growth rates over the years 1995-2014. This research reports the
econometric limitations of the literature and offers an evaluation of
corruption impact on the economic growth rates over the years 1995-2014.
The research is showed with a regression on a sample of 5-member countries
of South Asian Association for Regional Cooperation (SAARC) and four
variables (Corruption, Foreign Direct Investment, Government
Expenditure, Population Growth). The models of study are built on the
endogenous growth theory to analyze the relationships. Outcomes using
economic freedom index (EFI) shows that corruption has a negative impact
of economic growth in the SARRC countries.
Ahmad Tisman Pasha, Adeel Akhtar, Ahmad Waleed. (2017) THE IMPACT OF CORRUPTION ON ECONOMIC GROWTH IN SAARC COUNTRIES, Asia Pacific, Vol-35, Issue 1.
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