INNOVATION, CORRUPTION, AND ECONOMIC GROWTH IN EMERGING ASIA

Aurolipsa Das (), Devi Prasad Dash () and Narayan Sethi
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Aurolipsa Das: NIT Rourkela
Devi Prasad Dash: IIM ROHTAK

Bulletin of Monetary Economics and Banking, 2020, vol. 23, issue 3, 345-362

Abstract: In this paper, we investigate the impact of innovation and corruption on economic growth for 13 emerging Asian economies over the period of 2009 to 2018. Using global innovation and corruption indices, we show that innovation has no significant impact on growth. In contrast, corruption slows down growth in the region. Our results indicate that innovation in the region is not robust enough to attract growth and that corruption is the major hindrance to growth.

Keywords: Innovation; Corruption; Economic growth; Asia; Quantile regression (search for similar items in EconPapers)
JEL-codes: D73 O31 O40 O53 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:idn:journl:v:23:y:2020:i:3c:p:345-362

DOI: 10.21098/bemp.v23i3.1183

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