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Exploring the Relationship between Democracy, Corruption and Economic Growth in MENA countries

Author

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  • Nedra Baklouti

    (University of Sfax)

  • Younes Boujelbene

    (University of Sfax)

Abstract

The objective of this paper is to estimate an econometric model for analyzing the interrelationship among democracy, corruption and economic growth in 12 MENA countries by using simultaneous-equation models over the period 1998–2011. Our empirical results show that there is bidirectional causal relationship between democracy and economic growth, as well as corruption and economic growth, and there is unidirectional causal relationship running from democracy to corruption for the region as a whole.

Suggested Citation

  • Nedra Baklouti & Younes Boujelbene, 2015. "Exploring the Relationship between Democracy, Corruption and Economic Growth in MENA countries," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 11(3), pages 43-58, June.
  • Handle: RePEc:dug:actaec:y:2015:i:3:p:43-58
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2826/2430
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    References listed on IDEAS

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    Cited by:

    1. Younes Boujelbene & Nedra Baklouti, 2021. "The Causal Probabilistic Relationship Between Economic Development and Democracy: Evidence from Bayesian Networks Analysis," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 27-42, March.

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