TITLE:
Corruption and Economic Growth: The Case of EMCCA
AUTHORS:
Assoumou Ondo
KEYWORDS:
Corruption, Endogenous Growth, Static Panel
JOURNAL NAME:
Theoretical Economics Letters,
Vol.7 No.5,
August
2,
2017
ABSTRACT: This article analyzes the relationship between
corruption and economic growth in the countries of the Economic and Monetary
Community of Central Africa (EMCCA). To our knowledge, there are no works dealing
with the direct relations between the two variables in such a framework. For
this purpose, we use panel data econometrics to show that over the period 2005
to 2015, corruption has favored economic growth in the CEMAC member countries
by “grazing” the administrative burdens that impede access basic public
services (water, electricity, public hospitals and public schools), the
creation and development of private enterprises.