This paper aims at analyzing the effects of corruption on investment and growth in 15 Middle East and North African … variables. The main findings of this paper show that corruption is a serious hurdle to economic growth in MENA countries since …

The aim of this paper is to investigate the dynamic relationship between corruption, investment and economic growth in … error correction model and cointegartion technique to detect causality between corruption, investment, economic growth … Tunisia economic growth in the short-run and the long run as well. Corruption could be the main reason of the slowdown of …

Previous research has found a negative effect of corruption on growth in the United States. However, some theory … whether the corruption-growth link is conditional on the extent of government involvement across U.S. states. Even though no … corruption’s harmful effects on growth are smaller when regulation is greater. …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … corruption, high inflation due partly to reliance on seigniorage to finance public spending, and lackluster growth. Using annual …

In this paper, we analyze implications of corruption on growth. We extend existing growth models by incorporating … therefore causes income redistribution and inefficiencies in the public sector. These effects of corruption lead to lower growth …

economic growth. The theoretical literature has treated these two channels separately, with natural resources affecting growth … that in turn affect growth. Whether natural resources stimulate growth or induce a poverty-trap crucially depends on … inequality and higher cost of political participation, a high-growth and a poverty-trap equilibrium co-exist even with abundant …

caused by it, a stochastic dynamic growth model is considered. The model also incorporates possibility of nonlinear impact of … corruption on production, which implies that corruption deteriorates the growth potential by preventing producers to enter high … effects on capital accumulation, thus leads to lower growth rates. Hence, this paper resolves the theoretical ambiguity with …

uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red … tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most … accumulation, thus leading to lower growth rates. …

study this uncertainty within a stochastic dynamic growth model framework, where we generalize the corruption caused … tend to lower the demand for investments, thus long run growth is compromised in the economy with the corrupt public sector. …