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Corruption, Investment and Economic Growth in WAEMU Countries
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The purpose of this paper is to study the relationships between corruption, public investment and economic growth in WAEMU (West Africa Economic and Monetary Union) countries during the period 2001-2014. This, by using a panel VAR (Vector Auto Regressive) model. The results stemming from this empirical study stipulate a significant link between corruption and investment, economic growth and investment, corruption and economic growth. These results also show that corruption reduces the ratio of public investment and has a negative impact on economic growth among WAEMU countries. It has more of a specific effect on investment and affects negatively through this mean countries of the area.
Canadian Center of Science and Education
Title: Corruption, Investment and Economic Growth in WAEMU Countries
Description:
The purpose of this paper is to study the relationships between corruption, public investment and economic growth in WAEMU (West Africa Economic and Monetary Union) countries during the period 2001-2014.
This, by using a panel VAR (Vector Auto Regressive) model.
The results stemming from this empirical study stipulate a significant link between corruption and investment, economic growth and investment, corruption and economic growth.
These results also show that corruption reduces the ratio of public investment and has a negative impact on economic growth among WAEMU countries.
It has more of a specific effect on investment and affects negatively through this mean countries of the area.
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