Do corrupting activities hamper economic growth?

Author:

Amoh John Kwaku,Awuah-Werekoh Kwasi,Ofori-Boateng Kenneth

Abstract

Purpose This study aims to examine the effect of corruption on the economic growth of Ghana and to establish the strength of relationships among corrupting activities. Design/methodology/approach The research used structural equation modelling on selected data from the World Economic Forum executive opinion survey on corrupting activities and data on economic growth measures from the world development indicators to achieve the research objectives. Findings The results show that all the observed corrupting activities (except diversion of public funds) adversely influence selected economic growth indicators. The study concludes that corrupting activities, independently and mutually impede Ghana’s economic growth. Research limitations/implications The research is limited by the availability of data, hence, quarterised data on selected variables from 2008 to 2017 were examined. Practical implications The results suggest that corruption encapsulates all the seven activities of corruption to one degree or another, which are economic growth hampering. Originality/value The study extends the corruption-economic growth nexus literature by incorporating several corrupting activities from multiple sectors/areas as follows: the government and politicians, private businesses, judiciary and citizens into a single model to test how these independently and mutually impede economic growth. By identifying and using specific corrupting activities from distinct and diverse sectors/areas to capture both the supply side and demand side of corruption and the private and public sectors, a better comprehension of the corruption-economic growth nexus is attained. This may aid emerging economies and anti-corruption agencies in drafting specific and targeted corruption reduction policies/programmes to minimise poverty and raise living standards to aid the realisation of sustainable development goals.

Publisher

Emerald

Subject

Law,General Economics, Econometrics and Finance

Reference58 articles.

1. Afesorgbor, S. (2016), “The causes, consequences and control of corruption in Ghana”, available at: www.myjoyonline.com (accessed 22 March 2019).

2. Corruption in Ghana; causes consequences and cures;International Journal of Economics, Finance and Management Sciences,2014

3. Unemployment and economic growth in Nigeria;Journal of Economics and Sustainable Development,2014

4. Antecedents of taxpayers’ intentions to engage in tax evasion: evidence from Barbados;Journal of Financial Reporting and Accounting,2017

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3