Journal of Finance and Economics
ISSN (Print): 2328-7284 ISSN (Online): 2328-7276 Website: http://www.sciepub.com/journal/jfe Editor-in-chief: Suman Banerjee
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Journal of Finance and Economics. 2019, 7(1), 14-22
DOI: 10.12691/jfe-7-1-2
Open AccessArticle

Anti-corruption Instrument and Economic Growth: Evidence from SADC Member States

Jennifer Frimpong1, Stepana Lazarova2 and Samuel Asante Gyamerah3,

1Department of Economics, University of Manitoba, Winnipeg, Canada

2School of Economics and Finance, Queen Mary University of London, London, United Kingdom

3Pan African University, Institute for Basic Sciences, Technology, and Innovation, Kenya

Pub. Date: January 04, 2019

Cite this paper:
Jennifer Frimpong, Stepana Lazarova and Samuel Asante Gyamerah. Anti-corruption Instrument and Economic Growth: Evidence from SADC Member States. Journal of Finance and Economics. 2019; 7(1):14-22. doi: 10.12691/jfe-7-1-2

Abstract

This paper investigates the impact of an anti-corruption instrument on economic growth among Southern African Development Community (SADC) member states. We employed the years of ratification as the measure of the policy, fixed effect and difference-in-difference method to find the causal effect of anti-corruption policy on economic growth. The results show that for anti-corruption policy to have an effect on an economy the various institutions should be made proactive in the SADC member States.

Keywords:
anti-corruption economic growth SADC member states

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