The Relationship Between Corruption and Economic Growth

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İzmir International Conference on Technology and Social Sciences
IICTSS2022 Book of Abstracts
The Relationship Between Corruption and Economic Growth

The Relationship Between Corruption and Economic Growth

Authors : Selim Şanlısoy, Gökhan Ersoy

Pages : 43-43

View : 94 | Download : 143

Publication Date : 2022-08-31

Abstract :When the literature on the impact of corruption on economic performance is examined, it is noteworthy that there is no theoretical consensus. This study emerged from this disagreement on the mechanism of corruption's influence on economic performance. Dumitrescu-Hurlin (2012) panel causality test was used to determine the causality relationship between the variables in the study conducted with the data of the 2003 – 2020 period. According to the results obtained, it was determined that there is a bidirectional causality relationship between corruption and economic growth. Both models were estimated by using the Feasible Generalized Least Squares (FGLS) method. Autocorrelation and heteroskedasticty problems were resolved with the FGLS estimation method.
Keywords : Corruption, economic growth, Dmitrescu-Hurlin panel causality test

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