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Hall, J. and Levendis, J. (2017) The Efficient Corruption Hypothesis and the Dynamics between Economic Freedom, Corruption, and National Income. Working Paper Series, No. 17-06, Department of Economics, West Virginia University, Morgantown, WV.

has been cited by the following article:

• TITLE: Long-Term Effects of Corruption Control and Economic Freedom on Economic Growth

  AUTHORS: Natanael Soares Leite, Francisco Germano Carvalho Lucio, Roberto Tatiwa Ferreira

  KEYWORDS: Economic Growth, Control of Corruption, Economic Freedom, Autoregressive Models

  JOURNAL NAME: Theoretical Economics Letters, Vol.9 No.8, December 13, 2019

  ABSTRACT: Theoretical models and empirical evidence show that corruption control and economic openness have effects on economic growth. This paper aims to estimate the long-term effects of the anti-corruption effort and economic freedom on economic growth in a sample of 121 countries. We use autoregressive distributed lag (ARDL) models and estimation techniques appropriate to the case where there is a correlation between cross-section errors possibly generated by spillover effects. Besides, estimates of ARDL models are consistent even with endogenous regressors and integrated variables. The results indicate that economic growth of a country can be positively and significantly affected by the long-term corruption control and economic freedom.