The relationship between corruption and economic growth

The relationship between corruption and economic growth

Authors

  • Jurayev Jo‘rabek
  • Mamatova Sarvinoz
  • Abdullayeva Aziza
  • Maha Ibrahim

DOI:

https://doi.org/10.5281/zenodo.15705099

Keywords:

corruption, economic growth, CPI, FDI, inflation, OLS, governance, sustainability

Abstract

This study investigates the impact of corruption on economic growth by analyzing cross-sectional data from
150 countries for the year 2022. Using the Ordinary Least Squares (OLS) regression method, the study evaluates the
relationship between GDP per capita and key variables such as the Corruption Perceptions Index (CPI), foreign direct
investment (FDI), inflation, and population growth. The results support the "sand the wheels" hypothesis, indicating that
corruption significantly impedes economic performance. The research highlights that higher CPI scores representing
lower corruption are positively associated with economic growth. The findings emphasize the importance of transparent
governance and anti-corruption measures in promoting sustainable development

Author Biographies

Jurayev Jo‘rabek


Foundation student of the International
Double Degree
Faculty of TSUE with IMC UAS Krems

Mamatova Sarvinoz


Foundation student of the International Double Degree
Faculty of TSUE with IMC UAS Krems

Abdullayeva Aziza


Foundation student of the International
Double Degree
Faculty of TSUE with IMC UAS Krems

Maha Ibrahim


Senior Lecturer, IMC Krems Transnational Department,
Tashkent State University of Economics

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Published

2025-05-01
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