Relationship between Perceived Bribery and Economic Growth: An Empirical Analysis
- People & Global Business Association
- Global Business and Finance Review
- Vol.14 No.2
-
2009.12117 - 129 (13 pages)
- 9
Examining measures of bribe taking and the real gross domestic product (GDP) of 26 countries over a twelve year period, it appears that higher incidences of bribery do adversely affect the rate of economic growth of nations. However, the rate of growth of real GDP does not have a similarly strong impact on reducing bribery levels. Furthermore, for individual countries, the relationship between these two variables varies considerably, indicating that country-specific factors explain both the prevalence of bribery and the pace of economic growth.
Abstract
Ⅰ. Introduction
Ⅱ. Defining Bribery
Ⅲ. Bribery in International Business
Ⅳ. Review of Extant Literature
Ⅴ. Theoretical Framework
Ⅵ. Data and Methodology
Ⅶ. Results and Analysis
Ⅷ. Implications for Managers and Policy Makers
Ⅸ. Limitations of the Study & Conclusions
References
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