Impact of Corruption on Economic Growth in Pakistan: A Comparative Approach
Journal Title: Pakistan Journal of Economic Studies - Year 2019, Vol 2, Issue 2
Abstract
This work is intended to find a relationship between corruption and economic growth. Economic growth is viewed in terms of per capita GDP and corruption is quantified as corruption perception index (CPI) published by Transparency International annually. Population, investment, total public expenditures, and expenditure in education by the government are used as the determinants of GDP. Study period expands from 1995 to 2019. Solow growth model is modified for the purpose to incorporate corruption with the macroeconomic variables of economic growth. Auto Regressive Distributive Lag (ARDL) Bounds Testing methodology is used for the analysis. The results authenticate a long run relation amid corruption and economic growth in the economy of Pakistan. The estimates signify that corruption poses negative effects on per capita GDP and thus diminishes the economic growth of the country.
Authors and Affiliations
Dawood Khan Abbasi Ehtsham U. Jarral Nabila Sadaf
Keywords
Related Articles
- EP ID EP692919
- DOI -
- Views 190
- Downloads 0
Steering Through Uncertainty: Commodity Price Shocks and Pakistan's Automobile Industry
Purpose - Recently, conflicts among countries have caused many economic shocks in the global economy. Commodity price shocks are one of the most essential shocks resulting from these conflicts. Industries like automobile...
Inflation and Unemployment Effect Economic Growth
Almost all nations want to achieve steady economic development. It has been practically hard to reach this target because of the diversity of elements that impact economic expansion. Its most important aspect of the soci...
Utilizing Digital Economic Opportunities by Women SMEs in Supporting Economic Recovery
Indonesia is one of the five countries with the largest global internet users. This opens up opportunities in the development of the digital economy, including recovery efforts post-covid-19 economy. MSMEs as an economic...
Impact of Industrial Production and FDI on CO2 Emissions in Pakistan
The impact of industrial growth and Foreign Direct Investment (FDI) on Carbon Dioxide (CO2) emission is not an ignorable issue. The environmental issues have always affected the developing countries. In this stu...
Pakistan’s Trade Flows with Shanghai Cooperation Organization: A Gravity Approach
Pakistan has a growing economy and always seeks to integrate with different regional or free trade agreements. The study has the objective is to determine the empirical evidence of Pakistan’s Trade flow with (S...