Skip to main content
Erschienen in: Quality & Quantity 3/2023

09.08.2022

Impact of corruption, unemployment and inflation on economic growth evidence from developing countries

verfasst von: Ijaz Uddin, Khalil Ur Rahman

Erschienen in: Quality & Quantity | Ausgabe 3/2023

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

The main objective of this empirical study to examine the impact of corruption, unemployment and inflation on economic growth for seventy nine (79) developing countries of the world for the period from 2002 to 2018. This study uses Panel unit root tests (PUT), Pooled Mean Group (PMG), Fully modified ordinary least square (FMOLS), and Dynamic least square (DOLS), for the data estimation. The estimates of PUT reveal that all the variables are mixed order of integration. The PMG, FMOLS and DOLS estimates reveal that corruption, unemployment and political stability have negative effect on GDP per capita, while Inflation, governance effectiveness and rule of law have positive effect on GDP per capita. This empirical study has some policy implication for government and policy makers.

Graphical Abstract

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Anhänge
Nur mit Berechtigung zugänglich
Literatur
Zurück zum Zitat A.C.Pigou, „The Theory of Unemployment‟, Macmillan, London. (1993) A.C.Pigou, „The Theory of Unemployment‟, Macmillan, London. (1993)
Zurück zum Zitat Abed, G.T., Davoodi, H.R.: Corruption. Structural Reforms, and Economic Performance in the Transtition Economies. (2002) Abed, G.T., Davoodi, H.R.: Corruption. Structural Reforms, and Economic Performance in the Transtition Economies. (2002)
Zurück zum Zitat Adaman, F., Çarkoğlu, A., Şenatalar, B.: Causes of corruption in Turkey through the eyes of household and recommendations on the prevention of corruption. (2001) Adaman, F., Çarkoğlu, A., Şenatalar, B.: Causes of corruption in Turkey through the eyes of household and recommendations on the prevention of corruption. (2001)
Zurück zum Zitat Adaramola, A.O., Dada, O.: Impact of inflation on economic growth: evidence from Nigeria. Invest. Manage. Financial Innovations. 17(2), 1–13 (2020) Adaramola, A.O., Dada, O.: Impact of inflation on economic growth: evidence from Nigeria. Invest. Manage. Financial Innovations. 17(2), 1–13 (2020)
Zurück zum Zitat Agbu, O.: Corruption and human trafficking: The Nigerian case. West Afr. Rev. 4(1), 1–13 (2001) Agbu, O.: Corruption and human trafficking: The Nigerian case. West Afr. Rev. 4(1), 1–13 (2001)
Zurück zum Zitat Aghion, P., Howitt, P.: Growth and unemployment. Rev. Econ. Stud. 61(3), 477–494 (1994) Aghion, P., Howitt, P.: Growth and unemployment. Rev. Econ. Stud. 61(3), 477–494 (1994)
Zurück zum Zitat Ahmad, S., Mortaza, M.G.: Inflation and economic growth in Bangladesh: 1981–2005 (No. id: 3033). (2010) Ahmad, S., Mortaza, M.G.: Inflation and economic growth in Bangladesh: 1981–2005 (No. id: 3033). (2010)
Zurück zum Zitat Akçay, S.: Economic Analysis of Corruption in Developing Countries. Unpublished PhD. Thesis, Afyon Kocatepe University, Instıtute of Socıal Scıences, Afyon. (2001) Akçay, S.: Economic Analysis of Corruption in Developing Countries. Unpublished PhD. Thesis, Afyon Kocatepe University, Instıtute of Socıal Scıences, Afyon. (2001)
Zurück zum Zitat Al Qudah, A.M.H.: The Impact of Corruption on Economic Development-the Case of Jordan. University of Newcastle (2009) Al Qudah, A.M.H.: The Impact of Corruption on Economic Development-the Case of Jordan. University of Newcastle (2009)
Zurück zum Zitat Ali, A.M., Isse, H.S.: Determinants of economic corruption: A cross-country comparison. Cato J. 22, 449 (2003) Ali, A.M., Isse, H.S.: Determinants of economic corruption: A cross-country comparison. Cato J. 22, 449 (2003)
Zurück zum Zitat Ali, A., Zulfiqar, K.:An assessment of association between natural resources agglomeration and unemployment in Pakistan. (2018) Ali, A., Zulfiqar, K.:An assessment of association between natural resources agglomeration and unemployment in Pakistan. (2018)
Zurück zum Zitat Aliyu, S.U.R., Elijah, A.O.: Corruption and economic growth in Nigeria: 1986–2007. (2017) Aliyu, S.U.R., Elijah, A.O.: Corruption and economic growth in Nigeria: 1986–2007. (2017)
Zurück zum Zitat Alrayes, S.E., Wadi, R.M.A.: Determinants of unemployment in Bahrain. Int. J. Bus. Social Sci. 9(12), 64–74 (2018) Alrayes, S.E., Wadi, R.M.A.: Determinants of unemployment in Bahrain. Int. J. Bus. Social Sci. 9(12), 64–74 (2018)
Zurück zum Zitat Anoruo, E., Braha, H.: Corruption and economic growth: the African experience. J. Sustainable Dev. Afr. 7(1), 43–55 (2003) Anoruo, E., Braha, H.: Corruption and economic growth: the African experience. J. Sustainable Dev. Afr. 7(1), 43–55 (2003)
Zurück zum Zitat Anwer, M.S., Sampath, R.K.: Investment and economic growth (No. 1840-2016-152256). (1999) Anwer, M.S., Sampath, R.K.: Investment and economic growth (No. 1840-2016-152256). (1999)
Zurück zum Zitat Awan, R.U., Akhtar, T., Rahim, S., Sher, F., Cheema, A.R.: Governance, corruption and economic growth: A panel data analysis of selected SAARC countries. Pak. Econ. Soc. Rev. 56(1), 1–20 (2018) Awan, R.U., Akhtar, T., Rahim, S., Sher, F., Cheema, A.R.: Governance, corruption and economic growth: A panel data analysis of selected SAARC countries. Pak. Econ. Soc. Rev. 56(1), 1–20 (2018)
Zurück zum Zitat Aydin, C.: The inflation-growth nexus: A dynamic panel threshold analysis for D-8 countries. Romanian J. Economic Forecast. 20(4), 134–151 (2017) Aydin, C.: The inflation-growth nexus: A dynamic panel threshold analysis for D-8 countries. Romanian J. Economic Forecast. 20(4), 134–151 (2017)
Zurück zum Zitat Azeng, T.F., Yogo, T.U.: Youth unemployment and political instability in selected developing countries. African Development Bank, Tunis, Tunisia (2013) Azeng, T.F., Yogo, T.U.: Youth unemployment and political instability in selected developing countries. African Development Bank, Tunis, Tunisia (2013)
Zurück zum Zitat Bakare, A.S.: The crowding-out effects of corruption in Nigeria: An empirical study. J. Bus. Manage. Econ. 2(2), 059–068 (2011) Bakare, A.S.: The crowding-out effects of corruption in Nigeria: An empirical study. J. Bus. Manage. Econ. 2(2), 059–068 (2011)
Zurück zum Zitat Banda, H., Ngirande, H., Hogwe, F.: The impact of economic growth on unemployment in South Africa: 1994–2012. Invest. Manage. Financial Innovations. 13(contin1), 246–255 (2016) Banda, H., Ngirande, H., Hogwe, F.: The impact of economic growth on unemployment in South Africa: 1994–2012. Invest. Manage. Financial Innovations. 13(contin1), 246–255 (2016)
Zurück zum Zitat Bardhan, P.: Corruption and development: a review of issues. J. Econ. Lit. 35(3), 1320–1346 (1997) Bardhan, P.: Corruption and development: a review of issues. J. Econ. Lit. 35(3), 1320–1346 (1997)
Zurück zum Zitat Barro, R.J.: Inflation and economic growth. (1995) Barro, R.J.: Inflation and economic growth. (1995)
Zurück zum Zitat Becherair, A., Tahtane, M.: The causality between corruption and human development in MENA countries: A panel data analysis. East-West Journal of Economics and Business, 20(2).\ (2017) Becherair, A., Tahtane, M.: The causality between corruption and human development in MENA countries: A panel data analysis. East-West Journal of Economics and Business, 20(2).\ (2017)
Zurück zum Zitat Ben, E.U., Udo, E.S., Abner, I.P., Ibekwe, U.J.: The effect of corruption on economic sustainability and growth in Nigeria. Int. J. Econ. Commer. Manage. 6(4), 657–669 (2018) Ben, E.U., Udo, E.S., Abner, I.P., Ibekwe, U.J.: The effect of corruption on economic sustainability and growth in Nigeria. Int. J. Econ. Commer. Manage. 6(4), 657–669 (2018)
Zurück zum Zitat Calişkan, N., Kadiu, F.A.T.B.A.R.D.H.A.: Corruption and Economic Development in Albania. Interdisciplinary J. Res. Dev. 2(1), 76 (2015) Calişkan, N., Kadiu, F.A.T.B.A.R.D.H.A.: Corruption and Economic Development in Albania. Interdisciplinary J. Res. Dev. 2(1), 76 (2015)
Zurück zum Zitat Cheema, A.R., Atta, A.: Economic determinants of unemployment in Pakistan: Co-integration analysis.International journal of business and social science, 5(3). (2014) Cheema, A.R., Atta, A.: Economic determinants of unemployment in Pakistan: Co-integration analysis.International journal of business and social science, 5(3). (2014)
Zurück zum Zitat De Gregorio, J.: Inflation, growth, and central banks: theory and evidence, vol. 1575. World Bank Publications (1994) De Gregorio, J.: Inflation, growth, and central banks: theory and evidence, vol. 1575. World Bank Publications (1994)
Zurück zum Zitat Dike, V.E.: Corruption in Nigeria: A new paradigm for effective control. Afr. economic Anal. 24(08), 1–22 (2005) Dike, V.E.: Corruption in Nigeria: A new paradigm for effective control. Afr. economic Anal. 24(08), 1–22 (2005)
Zurück zum Zitat Dinh, D.V.: Impulse response of inflation to economic growth dynamics: VAR model analysis. J. Asian Finance Econ. Bus. 7(9), 219–228 (2020) Dinh, D.V.: Impulse response of inflation to economic growth dynamics: VAR model analysis. J. Asian Finance Econ. Bus. 7(9), 219–228 (2020)
Zurück zum Zitat Duhu, I.G.: Democratic Stability in Mitigating the Impact of Corruption on Economic Growth in Nigeria. (2019) Duhu, I.G.: Democratic Stability in Mitigating the Impact of Corruption on Economic Growth in Nigeria. (2019)
Zurück zum Zitat Dumitrescu, E.I., Hurlin, C.: Testing for Granger non-causality in heterogeneous panels. Econ. Model. 29(4), 1450–1460 (2012) Dumitrescu, E.I., Hurlin, C.: Testing for Granger non-causality in heterogeneous panels. Econ. Model. 29(4), 1450–1460 (2012)
Zurück zum Zitat Durguti, E.A.: How Does the Budget Deficit Affect Inflation Rate–Evidence from Western Balkans Countries. Int. J. Finance Bank. Stud. 9(2147–4486), 01–10 (2020) Durguti, E.A.: How Does the Budget Deficit Affect Inflation Rate–Evidence from Western Balkans Countries. Int. J. Finance Bank. Stud. 9(2147–4486), 01–10 (2020)
Zurück zum Zitat Dzhumashev, R.: Corruption and growth: The role of governance, public spending, and economic development. Econ. Model. 37, 202–215 (2014) Dzhumashev, R.: Corruption and growth: The role of governance, public spending, and economic development. Econ. Model. 37, 202–215 (2014)
Zurück zum Zitat Egunjobi, T.A.: An econometric analysis of the impact of corruption on economic growth in Nigeria. (2013) Egunjobi, T.A.: An econometric analysis of the impact of corruption on economic growth in Nigeria. (2013)
Zurück zum Zitat Ehrlich, I., Lui, F.T.: Bureaucratic corruption and endogenous economic growth. J. Polit. Econ. 107(S6), S270–S293 (1999) Ehrlich, I., Lui, F.T.: Bureaucratic corruption and endogenous economic growth. J. Polit. Econ. 107(S6), S270–S293 (1999)
Zurück zum Zitat Fischer, S., Modigliani, F.: Towards an understanding of the real effects and costs of inflation. Rev. World Econ. 114(4), 810–833 (1978) Fischer, S., Modigliani, F.: Towards an understanding of the real effects and costs of inflation. Rev. World Econ. 114(4), 810–833 (1978)
Zurück zum Zitat Gokal, V., Hanif, S.: Relationship between inflation and economic growth, vol. 4. Economics Department, Reserve Bank of Fiji, Suva (2004) Gokal, V., Hanif, S.: Relationship between inflation and economic growth, vol. 4. Economics Department, Reserve Bank of Fiji, Suva (2004)
Zurück zum Zitat Grabova, P.: Corruption impact on Economic Growth: An empirical analysis. J. Economic Dev. Manage. IT Finance Mark. 6(2), 57 (2014) Grabova, P.: Corruption impact on Economic Growth: An empirical analysis. J. Economic Dev. Manage. IT Finance Mark. 6(2), 57 (2014)
Zurück zum Zitat Grabova, P.: Corruption impact on Economic Growth: An empirical analysis. J. Economic Dev. Manage. IT Finance Mark. 6(2), 57 (2014) Grabova, P.: Corruption impact on Economic Growth: An empirical analysis. J. Economic Dev. Manage. IT Finance Mark. 6(2), 57 (2014)
Zurück zum Zitat Gyang, E.J., Anzaku, E., Iyakwari, A.D.B., Eze, F.: An Analysis of the Relationship Between Unemployment, Inflation and Economic Growth in Nigeria: 1986–2015. (2018) Gyang, E.J., Anzaku, E., Iyakwari, A.D.B., Eze, F.: An Analysis of the Relationship Between Unemployment, Inflation and Economic Growth in Nigeria: 1986–2015. (2018)
Zurück zum Zitat Haider, A., ud Din, M., Ghani, E.: Consequences of political instability, governance and bureaucratic corruption on inflation and growth: The case of Pakistan.The Pakistan Development Review,773–807. (2011) Haider, A., ud Din, M., Ghani, E.: Consequences of political instability, governance and bureaucratic corruption on inflation and growth: The case of Pakistan.The Pakistan Development Review,773–807. (2011)
Zurück zum Zitat Herbener, J.M.: The Fallacy of the Phillips Curve”. Dissent on Keynes: A Critical Appraisal of Keynesian Economics. New York: Praeger (2011) Herbener, J.M.: The Fallacy of the Phillips Curve”. Dissent on Keynes: A Critical Appraisal of Keynesian Economics. New York: Praeger (2011)
Zurück zum Zitat Huang, Q.G., Wang, K., Wang, S.: Inflation model constraints from data released in 2015. Phys. Rev. D. 93(10), 103516 (2016) Huang, Q.G., Wang, K., Wang, S.: Inflation model constraints from data released in 2015. Phys. Rev. D. 93(10), 103516 (2016)
Zurück zum Zitat Hussain, S., Malik, S.: Inflation and economic growth: Evidence from Pakistan. Int. J. Econ. Finance. 3(5), 262–276 (2011) Hussain, S., Malik, S.: Inflation and economic growth: Evidence from Pakistan. Int. J. Econ. Finance. 3(5), 262–276 (2011)
Zurück zum Zitat Ibrahim, W., Sheu, O.A.: Corruption and economic growth in Nigeria (1980–2013). Artha J. Social Sci. 14(4), 1–17 (2015) Ibrahim, W., Sheu, O.A.: Corruption and economic growth in Nigeria (1980–2013). Artha J. Social Sci. 14(4), 1–17 (2015)
Zurück zum Zitat Im, K.S., Pesaran, M.H., Shin, Y.: Testing for unit roots in heterogeneous panels. J. Econ. 115(1), 53–74 (2003) Im, K.S., Pesaran, M.H., Shin, Y.: Testing for unit roots in heterogeneous panels. J. Econ. 115(1), 53–74 (2003)
Zurück zum Zitat Imran, M., Mughal, K.S., Salman, A., Makarevic, N.: Unemployment and economic growth of developing Asian countries: A panel data analysis.European Journal of Economic Studies, (3),147–160. (2015) Imran, M., Mughal, K.S., Salman, A., Makarevic, N.: Unemployment and economic growth of developing Asian countries: A panel data analysis.European Journal of Economic Studies, (3),147–160. (2015)
Zurück zum Zitat Jain, A.K.: Corruption: A review. J. economic Surv. 15(1), 71–121 (2001) Jain, A.K.: Corruption: A review. J. economic Surv. 15(1), 71–121 (2001)
Zurück zum Zitat Johansen, S.: Statistical analysis of cointegration vectors. J. economic dynamics control. 12(2–3), 231–254 (1988) Johansen, S.: Statistical analysis of cointegration vectors. J. economic dynamics control. 12(2–3), 231–254 (1988)
Zurück zum Zitat Karki, S., Banjara, S., Dumre, A.: A review on impact of inflation on economic growth in Nepal. Archives of Agriculture and Environmental Science. 5(4), 576–582 (2020) Karki, S., Banjara, S., Dumre, A.: A review on impact of inflation on economic growth in Nepal. Archives of Agriculture and Environmental Science. 5(4), 576–582 (2020)
Zurück zum Zitat Kayode, A., Arome, A., Silas, A.: The rising rate of unemployment in Nigeria: the socio-economic and political implications.Global Business and Economics Research Journal, 3(1). (2014) Kayode, A., Arome, A., Silas, A.: The rising rate of unemployment in Nigeria: the socio-economic and political implications.Global Business and Economics Research Journal, 3(1). (2014)
Zurück zum Zitat Levin, A., Lin, C.F., Chu, C.S.J.: Unit root tests in panel data: asymptotic and finite-sample properties. J. Econ. 108(1), 1–24 (2002) Levin, A., Lin, C.F., Chu, C.S.J.: Unit root tests in panel data: asymptotic and finite-sample properties. J. Econ. 108(1), 1–24 (2002)
Zurück zum Zitat Lin, J.Y.: Development strategies for inclusive growth in developing Asia. Asian Dev. Rev. 21(2), 1–27 (2004) Lin, J.Y.: Development strategies for inclusive growth in developing Asia. Asian Dev. Rev. 21(2), 1–27 (2004)
Zurück zum Zitat Lipset, S.M., Lenz, G.S.: Corruption, culture, and markets. Cult. matters: How values shape Hum. progress. 112, 112 (2000) Lipset, S.M., Lenz, G.S.: Corruption, culture, and markets. Cult. matters: How values shape Hum. progress. 112, 112 (2000)
Zurück zum Zitat Lipsey, R.G.: The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1862–1957: a further analysis.Economica,1–31. (1960) Lipsey, R.G.: The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1862–1957: a further analysis.Economica,1–31. (1960)
Zurück zum Zitat Malla, S.: Inflation and economic growth: Evidence from a growth equation. Department of Economics, University of Hawaiâ™ I at Monoa, Honoulu, USA. (1997) Malla, S.: Inflation and economic growth: Evidence from a growth equation. Department of Economics, University of Hawaiâ™ I at Monoa, Honoulu, USA. (1997)
Zurück zum Zitat Mallik, G., Chowdhury, A.: Inflation and economic growth: evidence from four south Asian countries. Asia-Pac. Dev. J. 8(1), 123–135 (2001) Mallik, G., Chowdhury, A.: Inflation and economic growth: evidence from four south Asian countries. Asia-Pac. Dev. J. 8(1), 123–135 (2001)
Zurück zum Zitat Mauro, M.P.: The Effects of Corruptionon Growth, Investment, and Government Expenditure. International Monetary Fund (1996) Mauro, M.P.: The Effects of Corruptionon Growth, Investment, and Government Expenditure. International Monetary Fund (1996)
Zurück zum Zitat Mauro, P.: Corruption and growth. Q. J. Econ. 110(3), 681–712 (1995) Mauro, P.: Corruption and growth. Q. J. Econ. 110(3), 681–712 (1995)
Zurück zum Zitat Mo, P.H.: Corruption and economic growth. J. Comp. Econ. 29(1), 66–79 (2001) Mo, P.H.: Corruption and economic growth. J. Comp. Econ. 29(1), 66–79 (2001)
Zurück zum Zitat Mubarik, Y.A., Riazuddin, R.: Inflation and growth: An estimate of the threshold level of inflation in Pakistan. State Bank of Pakistan, Karachi (2005) Mubarik, Y.A., Riazuddin, R.: Inflation and growth: An estimate of the threshold level of inflation in Pakistan. State Bank of Pakistan, Karachi (2005)
Zurück zum Zitat Mundell, R.A.: Growth, stability, and inflationary finance. J. Polit. Econ. 73(2), 97–109 (1965) Mundell, R.A.: Growth, stability, and inflationary finance. J. Polit. Econ. 73(2), 97–109 (1965)
Zurück zum Zitat Murphy, K.M., Shleifer, A., Vishny, R.W.: Why is rent-seeking so costly to growth? Am. Econ. Rev. 83(2), 409–414 (1993) Murphy, K.M., Shleifer, A., Vishny, R.W.: Why is rent-seeking so costly to growth? Am. Econ. Rev. 83(2), 409–414 (1993)
Zurück zum Zitat Omenka, I.J.: The effect of corruption on development in Nigeria. IOSR J. Humanit. Social Sci. 15(6), 39–44 (2013) Omenka, I.J.: The effect of corruption on development in Nigeria. IOSR J. Humanit. Social Sci. 15(6), 39–44 (2013)
Zurück zum Zitat Patton, M.: Government Corruption and Economic Growth: The 21 Least Corrupt Nations. (2012) Patton, M.: Government Corruption and Economic Growth: The 21 Least Corrupt Nations. (2012)
Zurück zum Zitat Perotti, R.: Growth, income distribution, and democracy: What the data say. J. Econ. Growth. 1(2), 149–187 (1996) Perotti, R.: Growth, income distribution, and democracy: What the data say. J. Econ. Growth. 1(2), 149–187 (1996)
Zurück zum Zitat Pesaran, M.H., Shin, Y.: An autoregressive distributed lag modelling approach to cointegration analysis. (1995) Pesaran, M.H., Shin, Y.: An autoregressive distributed lag modelling approach to cointegration analysis. (1995)
Zurück zum Zitat Pesaran, M.H., Shin, Y., Smith, J.R.: Bond testing approach to the analysis of long run relationship. J. Am. Stat. Assoc. 94, 621–634 (1999) Pesaran, M.H., Shin, Y., Smith, J.R.: Bond testing approach to the analysis of long run relationship. J. Am. Stat. Assoc. 94, 621–634 (1999)
Zurück zum Zitat Pesaran, M.H., Shin, Y., Smith, R.J.: Bounds testing approaches to the analysis of level relationships. J. Appl. Econom. 16(3), 289–326 (2001) Pesaran, M.H., Shin, Y., Smith, R.J.: Bounds testing approaches to the analysis of level relationships. J. Appl. Econom. 16(3), 289–326 (2001)
Zurück zum Zitat Peterson, E.W.F.: Is economic inequality really a problem? A review of the arguments. Social Sci. 6(4), 147 (2017) Peterson, E.W.F.: Is economic inequality really a problem? A review of the arguments. Social Sci. 6(4), 147 (2017)
Zurück zum Zitat Phillips, P.C., Hansen, B.E.: Statistical inference in instrumental variables regression with I (1) processes. Rev. Econ. Stud. 57(1), 99–125 (1990) Phillips, P.C., Hansen, B.E.: Statistical inference in instrumental variables regression with I (1) processes. Rev. Econ. Stud. 57(1), 99–125 (1990)
Zurück zum Zitat Popova, Y., Podolyakina, N.: Pervasive impact of corruption on social system and economic growth. Procedia-Social and Behavioral Sciences. 110, 727–737 (2014) Popova, Y., Podolyakina, N.: Pervasive impact of corruption on social system and economic growth. Procedia-Social and Behavioral Sciences. 110, 727–737 (2014)
Zurück zum Zitat Prachowny, M.F.: Okun’s law: theoretical foundations and revised estimates.The review of Economics and Statistics,331–336. (1993) Prachowny, M.F.: Okun’s law: theoretical foundations and revised estimates.The review of Economics and Statistics,331–336. (1993)
Zurück zum Zitat Rivera, J.P.R., Tullao, T.S. Jr.: Investigating the link between remittances and inflation: evidence from the Philippines. South. East. Asia Research. 28(3), 301–326 (2020) Rivera, J.P.R., Tullao, T.S. Jr.: Investigating the link between remittances and inflation: evidence from the Philippines. South. East. Asia Research. 28(3), 301–326 (2020)
Zurück zum Zitat Saad, M., Uddin, I.: The impact of unemployment, money supply, financial development, FDI, population growth, and inflation on Economic growth of Pakistan. Meritorious Journal of Social Sciences and Management (E-ISSN# 2788–4589| P-ISSN# 2788–4570), 4(3), 1–17. (2021) Saad, M., Uddin, I.: The impact of unemployment, money supply, financial development, FDI, population growth, and inflation on Economic growth of Pakistan. Meritorious Journal of Social Sciences and Management (E-ISSN# 2788–4589| P-ISSN# 2788–4570), 4(3), 1–17. (2021)
Zurück zum Zitat Samadi, A.H., Farahmandpour, B.: The effect of income inequality on corruption in selected countries (1995–2007). J. Emerg. Issues Econ. Finance Bank. 1(3), 214–231 (2013) Samadi, A.H., Farahmandpour, B.: The effect of income inequality on corruption in selected countries (1995–2007). J. Emerg. Issues Econ. Finance Bank. 1(3), 214–231 (2013)
Zurück zum Zitat Samuelson, P.A., Solow, R.M.: Analytical aspects of anti-inflation policy. Am. Econ. Rev. 50(2), 177–194 (1960) Samuelson, P.A., Solow, R.M.: Analytical aspects of anti-inflation policy. Am. Econ. Rev. 50(2), 177–194 (1960)
Zurück zum Zitat Shahid, M.: Effect of inflation and unemployment on economic growth in Pakistan. J. Econ. sustainable Dev. 5(15), 103–106 (2014) Shahid, M.: Effect of inflation and unemployment on economic growth in Pakistan. J. Econ. sustainable Dev. 5(15), 103–106 (2014)
Zurück zum Zitat Mallik, G., & Chowdhury, A. (2001). Inflation and economic growth: evidence from four south Asian countries. Asia-Pacific Development Journal, 8(1), 123-135. Mallik, G., & Chowdhury, A. (2001). Inflation and economic growth: evidence from four south Asian countries. Asia-Pacific Development Journal, 8(1), 123-135.
Zurück zum Zitat Strobl, E., Byrne, D.M.: Defining unemployment in developing countries: evidence from Trinidad and Tobago. Available at SSRN 372465. (2002) Strobl, E., Byrne, D.M.: Defining unemployment in developing countries: evidence from Trinidad and Tobago. Available at SSRN 372465. (2002)
Zurück zum Zitat Šumah, Å., Mahić, E.:Impact On The Perception Oc Corruption. (2015) Šumah, Å., Mahić, E.:Impact On The Perception Oc Corruption. (2015)
Zurück zum Zitat Swedberg, R.: The doctrine of economic neutrality of the IMF and the World Bank. J. Peace Res. 23(4), 377–390 (1986) Swedberg, R.: The doctrine of economic neutrality of the IMF and the World Bank. J. Peace Res. 23(4), 377–390 (1986)
Zurück zum Zitat Sweidan, O.D.: Does inflation harm economic growth in Jordan? An econometric analysis for the period 1970–2000. Int. J. Appl. Econometrics Quant. Stud. 1(2), 41–66 (2004) Sweidan, O.D.: Does inflation harm economic growth in Jordan? An econometric analysis for the period 1970–2000. Int. J. Appl. Econometrics Quant. Stud. 1(2), 41–66 (2004)
Zurück zum Zitat Tanzi, V., Davoodi, H.: Corruption, growth, and public finances. political Econ. corruption. 2, 89–110 (2001) Tanzi, V., Davoodi, H.: Corruption, growth, and public finances. political Econ. corruption. 2, 89–110 (2001)
Zurück zum Zitat Tobin, J.: Money and economic growth.Econometrica: Journal of the Econometric Society,671–684. (1965) Tobin, J.: Money and economic growth.Econometrica: Journal of the Econometric Society,671–684. (1965)
Zurück zum Zitat Uddin, I.: Impact of inflation on economic growth in Pakistan.Economic Consultant, 34(2). (2021) Uddin, I.: Impact of inflation on economic growth in Pakistan.Economic Consultant, 34(2). (2021)
Zurück zum Zitat Viner, J.: Mr. Keynes on the causes of unemployment (1936) Viner, J.: Mr. Keynes on the causes of unemployment (1936)
Metadaten
Titel
Impact of corruption, unemployment and inflation on economic growth evidence from developing countries
verfasst von
Ijaz Uddin
Khalil Ur Rahman
Publikationsdatum
09.08.2022
Verlag
Springer Netherlands
Erschienen in
Quality & Quantity / Ausgabe 3/2023
Print ISSN: 0033-5177
Elektronische ISSN: 1573-7845
DOI
https://doi.org/10.1007/s11135-022-01481-y

Weitere Artikel der Ausgabe 3/2023

Quality & Quantity 3/2023 Zur Ausgabe

Premium Partner