|
AgEcon Search >
Australian Agricultural and Resource Economics Society >
2008 Conference (52nd), February 5-8, 2008, Canberra, Australia >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/6043
|
| Title: | Corruption and economic growth in Lebanon |
| Authors: | Farida, Moe
Ahmadi-Esfahani, Fredoun |
| Authors (Email): | Farida, Moe (m.farida@usyd.edu.au) |
| Keywords: | corruption
economic growth
investment
human capital
government expenditure
foreign aid |
| Issue Date: | 2008 |
| Series/Report no.: | Conference Paper |
| Abstract: | 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. |
| URI: | http://purl.umn.edu/6043 |
| Institution/Association: | Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia |
| Total Pages: | 27 |
| Collections: | 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| cp08fa01.pdf | | 166Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
