The Impact of Corruption on Economic Development of Bangladesh

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Business & management books

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Lap lambert academic publishin

The Impact of Corruption on Economic Development of Bangladesh : 9783659640360 : 18 Nov 2014 : The purpose of this book is to examine the long run relationship between economic growth and corruption in Bangladesh over the period 1984-2008. In this study, I have extended the neoclassical model of economic growth by Solow (1956) including human capital and public sector explicitly at first. Then, I have incorporated corruption into the augmented model using a specific functional form for total factor productivity and three other channels to show impact of corruption on real GDP per capita. To investigate empirically the existence of a long run relationship or co-integration between corruption and real GDP per capita, I have used Auto-Regressive Distributed Lag (ARDL) Bounds Test method. The results of co-integration test confirms that there is a long run relation among corruption, GDP per capita and other determinants of GDP over the study period. The long run estimates indicate that cor

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