CORRUPTION AND GROWTH: THE PRODUCTIVITY GROWTH NEXUS
Oluremi Ogun ()
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Oluremi Ogun: University of Ibadan, Ibadan, Nigeria
The Singapore Economic Review (SER), 2018, vol. 63, issue 05, 1227-1244
Abstract:
This paper modeled the effect of corruption on growth, using Nigerian data for testing. The productivity growth channel of corruption was explored. Cointegration and error correction methods were employed in the analysis. The national system of innovations and corruption exhibited long run relations with productivity growth and were found to be credible fundamentals. The productivity growth vector was considered to be the only plausible in the long run growth analysis. The parsimonious growth equation showed productivity growth and government expenditure as significant and conformed to a priori expectations. The course of policy to sustainable growth was suggestive.
Keywords: Corruption; economic growth; productivity growth; cointegration; capital expenditure (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:serxxx:v:63:y:2018:i:05:n:s0217590816500016
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DOI: 10.1142/S0217590816500016
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