Original scientific paper
https://doi.org/10.1080/1331677X.2016.1169701
Causality between corruption and the level of GDP
Danilo Lučić
Mladen Radišić
Dušan Dobromirov
Abstract
Interaction between corruption and economic development is one
of the most widely studied topics in the recent history of scientific
research. Because of the strong influence of both these factors on the
standard of living, we have tried to answer the following question: In
what time frame is the interaction between these two factors most
prominent? Taking into account the data of the level of corruption
(as measured by the Corruption Perception Index (CPI) and economic
development (as measured by the movement of GDP per year), in
the time period from 1995 to 2011, we divided the research results
into three time zones: zone 1 – which covers the time period of the
first five years (short-term impacts), zone 2 – which covers the time
period of the next five years (medium-term impacts), and finally zone
3 – which covers the time period of the last five years (long-term
impacts). Based on the research results, we have come to conclusion
that the strongest causality between these two factors are in zone 2,
the so-called medium-term framework. The empirical findings of this
article suggest that further research in this direction is necessary, if
we take into account the fact that corruption is present in almost all
countries of the world.
Keywords
Hrčak ID:
171729
URI
Publication date:
22.12.2016.
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