With annual data for 1986 to 2001 from South Korea (hereafter Korea), the regression results are consistent with the hypothesis that business corruption and public sector corruption have detrimental effects on real per capita growth rate. It is also evident that two causal relationships between...

By utilising South Korea’s annual data from 1986 to 2004, the regression results are found to be consistent with the hypothesis that more intense competition makes a substantial contribution to real per capita income growth rate. It is also evident in the structural change analysis that...