Corruption, competitiveness and economic growth: Evidence from Latin American and Caribbean countries 2004-2017

Translated title of the contribution: Corruption, competitiveness and economic growth

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Abstract

The generally accepted idea is that corruption is an unethical behavior that breaks legitimate and socially accepted norms, harming social well-being. The aim of this paper is to analyze the evolution and determine the structural relationships between competitiveness, economic growth and corruption perception in a sample of 20 Latin American and Caribbean countries from 2004 to 2017, using correlation and performance analysis. Findings show that there has been a short advance against corruption during this period. Although most of the countries increased their competitive score, GDP growth decreased considerably. Mixed evidence appeared on the correlation between corruption, competitiveness and economic growth.

Translated title of the contributionCorruption, competitiveness and economic growth
Original languageEnglish
Pages (from-to)95-115
Number of pages21
JournalJournal Globalization, Competitiveness and Governability
Volume14
Issue number1
DOIs
StatePublished - Mar 25 2020

All Science Journal Classification (ASJC) codes

  • General Business, Management and Accounting
  • Social Sciences (miscellaneous)
  • Economics, Econometrics and Finance(all)

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