期刊名称:Acta Universitatis Sapientiae: Economics and Business
电子版ISSN:2360-0047
出版年度:2020
卷号:8
期号:1
页码:19-37
DOI:10.2478/auseb-2020-0002
语种:English
出版社:Sciendo
摘要:Corruption has a major impact on growth in low-income economies, while ease of doing business has a major impact on growth in developed countries. The study empirically examines the effect of corruption on ease of doing business. The study analyses unbalanced panel data of corruption rank, corruption score, control of corruption, and infl ation, together with other economic and fi nancial institutional factors and ease of doing business score for the period of 2004–2017. Results indicate that: corruption rank, infl ation, and import have negative and signifi cant effect on ease of doing business; corruption score, control of corruption, lending rate spread, and education (skill level) have positive and signifi cant effect on ease of doing business; gross capital formation and population have insignifi cant negative effect on ease of doing business; export and gross domestic product have insignifi cant positive effect on ease of doing business. The random effect model is a consistent and most effi cient model, indicating common mean value for ease of doing business for the dataset. The study recommends improved corruption scores, control of corruption, and ranks to encourage ease of doing business through monetary policy and infrastructural facilities.
关键词:ease of doing business;corruption;panel data;ECOWAS