Determinants Of Corruption In Romania And Its Impact On Economic Growth

Daniela Viorică (), Danut Jemna and Carmen Pintilescu ()
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Daniela Viorică: Faculty of Economics and Business Administration, "Al. I. Cuza" University, Iasi, Romania
Carmen Pintilescu: Faculty of Economics and Business Administration, "Al. I. Cuza" University, Iasi, Romania

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), 2011, vol. 2011SE, 225-233

Abstract: It is common knowledge that corruption is harmful to the economic development, mainly because it reduces the level of foreign investments. The aim of this paper is to find the determinant factors for the corruption phenomenon in Romania and to assess the effects that it has on economic growth. An econometric model was built to explain the influence of corruption on GDP annual growth rate and on the foreign direct investments in Romania. Corruption perception index, index of economic freedom, GDP growth rate, governance indicators, along with other socio-economic indicators were used in the analysis.

Keywords: Corruption; economic growth; Romania; governance indicators; economic freedom (search for similar items in EconPapers)
JEL-codes: C22 C51 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:aic:journl:y:2011:v:se:p:225-233

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