Corruption, Technological Progress, and Economic Growth: An Empirical Evaluation Using Cross-Country Data (in Korean)
Seewon Kim ()
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Seewon Kim: Department of Economics, Chonnam National University
Economic Analysis (Quarterly), 2013, vol. 19, issue 1, 107-138
Abstract:
Using 120-143 sample countries, this study investigates the effects of corruption on R&D efforts and innovation. The results indicate that corruption has negative impacts on R&E efforts and technological innovation measured by various proxies. However, the degree of the impact differs across income groups, and which implies that corruption may variegate incidence in different times at different places, with varying degrees of damaging consequences. The results also imply that corruption may affect economic growth through adverse effects on intended R&D effort and innovations in developed countries but through unintended innovation such as openness in less developed countries.
Keywords: Corruption; rent seeking; endogenous growth; innovation; cross-sectional analysis (search for similar items in EconPapers)
JEL-codes: O17 O31 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:bok:journl:v:19:y:2013:i:1:p:107-138
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