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.
Das, Aurolipsa; Dash, Devi Prasad; and Sethi, Narayan
"INNOVATION, CORRUPTION, AND ECONOMIC GROWTH IN EMERGING ASIA,"
Bulletin of Monetary Economics and Banking: Vol. 23:
3, Article 5.
Available at: https://bulletin.bmeb-bi.org/bmeb/vol23/iss3/5