The causal relationship between corruption, military expenditures and economic growth in Egypt
Joint Authors
Abd al-Baqi, Hisham H.
al-Shirbini, Amr E. M.
Source
Egyptian Journal of Commerce Studies
Issue
Vol. 46, Issue 4 (31 Dec. 2022), pp.1-24, 24 p.
Publisher
Mansoura University Faculty of Commerce
Publication Date
2022-12-31
Country of Publication
Egypt
No. of Pages
24
Main Subjects
Topics
- Economic growth
- Investments
- Foreign investments
- Military expenditure
- Capital
- Savings
- Direct investment
- Positivity effect
Abstract EN
This paper aims to assess the relationship military expenditure and corruption and measure the impact of military expenditure on economic growth during the period 1981-2010.
The Autoregressive Distributed Lag (ARDL) models are used to solve the problems that arise in carrying such models that involve macroeconomic variables.
The main findings report that military expenditures inversely affect economic growth.
However military spending contributes positively to corruption.
The results also state that exports, foreign direct investment and gross capital formation have positive effects on economic growth in Egypt in the considered period.
For the corruption model, the results report that the education level and foreign direct investment are inversely correlated to corruption.
Furthermore, globalization and government intervention are found to have positive effects on corruption levels in the economy and are the main determinants of corruption beside military expenditures in the Egyptian economy.
American Psychological Association (APA)
Abd al-Baqi, Hisham H.& al-Shirbini, Amr E. M.. 2022. The causal relationship between corruption, military expenditures and economic growth in Egypt. Egyptian Journal of Commerce Studies،Vol. 46, no. 4, pp.1-24.
https://search.emarefa.net/detail/BIM-1425673
Modern Language Association (MLA)
Abd al-Baqi, Hisham H.& al-Shirbini, Amr E. M.. The causal relationship between corruption, military expenditures and economic growth in Egypt. Egyptian Journal of Commerce Studies Vol. 46, no. 4 (2022), pp.1-24.
https://search.emarefa.net/detail/BIM-1425673
American Medical Association (AMA)
Abd al-Baqi, Hisham H.& al-Shirbini, Amr E. M.. The causal relationship between corruption, military expenditures and economic growth in Egypt. Egyptian Journal of Commerce Studies. 2022. Vol. 46, no. 4, pp.1-24.
https://search.emarefa.net/detail/BIM-1425673
Data Type
Journal Articles
Language
English
Notes
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Record ID
BIM-1425673