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Corruption, Technological Progress, and Economic Growth: An Empirical Evaluation Using Cross-Country Data (in Korean)

Author

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  • Seewon Kim

    (Department of Economics, Chonnam National University)

Abstract

Using 120-143 sample countries, this study investigates the effects of corruption on R&D efforts and innovation. The results indicate that corruption has negative impacts on R&E efforts and technological innovation measured by various proxies. However, the degree of the impact differs across income groups, and which implies that corruption may variegate incidence in different times at different places, with varying degrees of damaging consequences. The results also imply that corruption may affect economic growth through adverse effects on intended R&D effort and innovations in developed countries but through unintended innovation such as openness in less developed countries.

Suggested Citation

  • Seewon Kim, 2013. "Corruption, Technological Progress, and Economic Growth: An Empirical Evaluation Using Cross-Country Data (in Korean)," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, vol. 19(1), pages 107-138, March.
    • Handle: RePEc:bok:journl:v:19:y:2013:i:1:p:107-138
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    More about this item

    Keywords

    Corruption; rent seeking; endogenous growth; innovation; cross-sectional analysis;
    All these keywords.

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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