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Crescita economica e corruzione: quale impatto nei paesi balcanici? (Growth and corruption: What impact in the Balkan countries?)

Author

Listed:
  • Klodian Muco

    (Aleksander Moisiu University)

  • Greta Balliu

    (Friburg University)

Abstract

Un fattore che ha ritardato la crescita nei Balcani occidentali è l'alto livello di corruzione. L'instabilità politica e l'inefficienza dei governi hanno generato corruzione, che frena la crescita del PIL e deprime gli investimenti privati e quelli esteri. I risultati dell'analisi empirica suggeriscono che la corruzione ha un impatto positivo ma molto debole sulla crescita reale del PIL pro capite, forse perché un basso livello di corruzione può abbattere la burocrazia e ciò può stimolare la crescita economica. Esaminiamo inoltre l'impatto delle componenti della spesa pubblica sulla corruzione. I risultati in questo caso suggeriscono che la spesa pubblica potrebbe avere un impatto positivo sulla crescita della corruzione, ma il risultato in questo caso non è robusto. One factor that has delayed growth in the Western Balkans is the high level of corruption. Political instability and inefficiency of governments has generated corruption, which halts GDP growth and depresses private and foreign investment. The results of the empirical analysis suggest that corruption has a positive but very weak impact on real GDP per capita growth, perhaps a low level of corruption can reduce bureaucracy and this can stimulate economic growth. We also analyze the impact of the components public spending on corruption. The results in this case suggest that public spending could have a positive impact on the growth of corruption, but the result in this case is not robust

Suggested Citation

  • Klodian Muco & Greta Balliu, 2018. "Crescita economica e corruzione: quale impatto nei paesi balcanici? (Growth and corruption: What impact in the Balkan countries?)," Moneta e Credito, Economia civile, vol. 71(284), pages 297-309.
  • Handle: RePEc:psl:moneta:2018:43
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    References listed on IDEAS

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    More about this item

    Keywords

    Corruption; Balkan countries; growth; government efficiency;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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