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

Jennifer Frimpong¹, Stepana Lazarova² and Samuel Asante Gyamerah^3,

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

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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