Corruption and Economic Growth: The Case of EMCCA
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Date
2017-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Scientific Research
Abstract
This article analyzes the relationship between corruption and economic
growth in the countries of the Economic and Monetary Community of Central
Africa (EMCCA). To our knowledge, there are no works dealing with the
direct relations between the two variables in such a framework. For this purpose,
we use panel data econometrics to show that over the period 2005 to
2015, corruption has favored economic growth in the CEMAC member countries
by “grazing” the administrative burdens that impede access basic public
services (water, electricity, public hospitals and public schools), the creation
and development of private enterprises.
Description
Keywords
Corruption, Endogenous Growth, Static Panel
Citation
Theoretical Economics Letters, 2017, 7, 1292-1305