Uticaj korupcije na ekonomski rast
Метаподаци
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The doctoral dissertation contributes to the relatively scarce research on
the time interdependence between corruption and economic growth,
with the aim to precisely determine the time frame within which the
influences between these two phenomena are the most intensive.
Drawing upon previous studies on the character of the influence, as well
as the directon of causality between the two variables, the dissertation
examines the variations of the effects of corruption on economic
growth, in order to determine whether these effects depend on the time
period in which they are analyzed. For the purpose of this research, data
on the Corruption Perceptions Index and the value of gross domestic
product have been used, on a sample of 40 countries. The relationship
between corruption and gross domestic product has been tested in
precisely determined periods of time, using methodological instruments
that quantitatively indicate to what extent the decreasing levels of
corruption are f...ollowed by the increase in the gross domestic product.
The results of the analysis indicate the intensity of the impacts of
corruption on economic growth in the short, medium and long term.
According to the results, the negative effects of corruption on economic
growth are most intensive in a time interval of 6 to 10 years. In this
regard, the negative effects of corruption on economic growth are
stronger with the increase of the time period in which the relationship is
observed.
By specifying a precise time delay after which changes in the level of
corruption cause changes in the real economic variables, the research
contributes to the existing theoretical discussions about the relationship
between these phenomena. The research represents a solid ground for
further investigation of the time dimension of the relationship between
corruption and economic growth, while the practical implications of the
results relate to the domain of the anti-corruption policy. The time
frames specified in this analysis suggest that the effects of anticorruption
measures can be observed with a delay of 6-10 years, i.e. that
visible results in terms of economic growth can be expected after this
period, provided that other preconditions which the effectiveness of the
anti-corruption measures depends on, are fulfilled.