INNOVATION, CORRUPTION, AND ECONOMIC GROWTH IN EMERGING ASIA

Authors

Aurolipsa Das, NIT Rourkelam, IndiaFollow
Devi Prasad Dash, Indian Institute of Technology, IndiaFollow
Narayan Sethi, NIT Rourkela, IndiaFollow

Document Type

Article

Abstract

In this paper, we investigate the impact of innovation and corruption on economic growth for 13 emerging Asian economies over the period of 2009 to 2018. Using global innovation and corruption indices, we show that innovation has no significant impact on growth. In contrast, corruption slows down growth in the region. Our results indicate that innovation in the region is not robust enough to attract growth and that corruption is the major hindrance to growth.

Recommended Citation

Das, Aurolipsa; Dash, Devi Prasad; and Sethi, Narayan (2020) "INNOVATION, CORRUPTION, AND ECONOMIC GROWTH IN EMERGING ASIA," Bulletin of Monetary Economics and Banking: Vol. 23: No. 3, Article 5.
DOI: https://doi.org/10.21098/bemp.v23i3.1183
Available at: https://bulletin.bmeb-bi.org/bmeb/vol23/iss3/5

First Page

347

Last Page

364

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Country

India

Affiliation

National Institute of Technology, Rourkela