International Trade, Corruption and Economic Growth: Evidence from Selected Sub-Saharan Countries

• Autorzy: Aderounmu Busayo , Ayoade Eniola , Oni Emmanuel

Identyfikatory

DOI

10.35784/pe.2022.2.17

Warianty tytułu

PL

Handel międzynarodowy, korupcja i wzrost gospodarczy: dowody z wybranych krajów subsaharyjskich

• Języki publikacji: EN

Abstrakty

EN

Sustainable development goal 17 emphasizes the importance of international trade in achieving inclusive growth. Likewise, countries with high level of corruption will experience limited growth. In order to examine the causality, this study considers the impact of international trade and corruption on the economic growth of selected sub-Saharan African countries (Angola, Ghana, Kenya, Nigeria, and South Africa) from the period 2000-2019. The granger causality test and fixed effect method of estimation were adopted. The result of the granger causality tests shows that there is no causality between import and economic growth, there is unidirectional causality between export and economic growth and there is no causality between control of corruption and economic growth. Furthermore, it was discovered that export, import, and control of corruption have a positive impact, 25.4%, 32%, 45.5% respectively, on the economic growth of selected sub-Saharan African countries. Hence from these findings, policies towards export promotion should be encouraged as export is crucial for the economic growth of these countries and policies to curb corruption should be implemented in order to promote economic growth in the selected sub-Saharan African countries.

Słowa kluczowe

EN

international trade; corruption; economic growth; export; import; Sub-Saharan Africa

PL

handel międzynarodowy; korupcja; wzrost gospodarczy; eksport; import; Afryka Subsaharyjska

• Wydawca: Lublin University of Technology
• Czasopismo: Problemy Ekorozwoju
• Rocznik: 2022
• Tom: Vol. 17, nr 2
• Strony: 161--165
• Opis fizyczny: Bibliogr. 29 poz., tab.

Twórcy

autor

Aderounmu Busayo

• Covenant University, Department of Economics and Development Studies, Ota, Nigeria

• https://orcid.org/0000-0002-8652-394X

autor

Ayoade Eniola

• Covenant University, Centre for Economic Policy and Development Research (CEPDeR), Ota, Nigeria

autor

Oni Emmanuel

• University of Lagos, Akoka, Lagos

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).