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Corruption and Economic Growth: A South Korean Study

Author

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  • Chong-Uk Kim
  • Gieyoung Lim

    (Hankuk University of Foreign Studies, Korea)

Abstract

Using a vector autoregressive model (VAR) with 42 years of South Korean annual data, we empirically investigate two possible links between corruption and economic growth. Even though we find negative correlations between corruption and other growth variables such as private investment, we do not find any strong empirical evidence supporting negative correlations between corruption and economic growth. Our results are similar to previous empirical findings and seem to be another empirical mismatch between micro and macro level data.

Suggested Citation

  • Chong-Uk Kim & Gieyoung Lim, 2015. "Corruption and Economic Growth: A South Korean Study," Journal of Reviews on Global Economics, Lifescience Global, vol. 4, pages 1-7.
    • Handle: RePEc:lif:jrgelg:v:4:y:2015:p:1-7
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    File URL: http://www.lifescienceglobal.com/independent-journals/journal-of-reviews-on-global-economics/volume-4/85-abstract/jrge/1414-abstract-corruption-and-economic-growth-a-south-korean-study
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    Cited by:

    1. Mi-Lyang Kim & Young-Han Lee & Seo-Youn Hong, 2021. "Examining the Factors That Affect the Preparation of Life after Retirement and Quality of Life of South Korean Adults across Different Age Groups," Sustainability, MDPI, vol. 13(10), pages 1-12, May.

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