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Provedor de dados:  AgEcon
País:  United States
Título:  Corruption and economic growth in Lebanon
Autores:  Farida, Moe
Ahmadi-Esfahani, Fredoun Z.
Data:  2008-05-09
Ano:  2008
Palavras-chave:  Corruption
Economic growth
Investment
Human capital
Government expenditure
Foreign aid
Institutional and Behavioral Economics
Labor and Human Capital
Public Economics
Resumo:  This paper seeks to examine the impact of corruption on economic growth in Lebanon. Using a neoclassical model, we hypothesise that corruption reduces the country's standard of living as measured by real per capita GDP. We show that corruption deters growth indirectly through reducing the factor input productivity in a Cobb-Douglas production function. We provide empirical evidence suggesting that corruption increases inefficiencies in government expenditure and reduces investment and human capital productivity, leading to a negative impact on output. The implications of the analysis are explored.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  29696

http://purl.umn.edu/6043
Relação:  Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
Conference Paper
Formato:  27
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