Abstract
The purpose of this study is to develop an understanding of the legal framework for combatting administrative corruption in Jordan and its impact on the Jordanian economy. This paper seeks to answer its key-question which asks whether the existence of a robust legal framework for combatting administrative corruption is able to help to grease the wheels of a slow-moving economy. The study uses 2SLS econometric technique for estimating the relationship between administrative corruption and economic growth. This paper indicates one major conclusion which is the irrevocably annual loss of economic opportunities due to administrative corruption, subsequently, economic progress cannot be achieved without proper administration. The national strategy and the legal frameworks related to anti-corruption are not sufficient enough to grease the wheels for economic growth. Combatting corruption in Jordan is still facing legal and technical obstacles appeared in practice, therefore, more time to surround and prevent corruption is still needed.
Descriptive statistics of the variables used in specification model.
Variable | Mean | Std. Dev. | Min | Max |
---|---|---|---|---|
GDPpct | 9.143852 | 1.162109 | 7.026217 | 11.1937 |
A t | 5.10298 | 1.598605 | 0.6931472 | 9.642318 |
K t | 0.3232967 | 0.0653958 | 0.1300649 | 0.4491352 |
EDUt | 1.799373 | 0.7476165 | 0 | 2.639057 |
CORt | 3.664201 | 0.3953032 | 2.397895 | 4.343805 |
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Artikel in diesem Heft
- Frontmatter
- Research Articles
- Make-in-India: Moving from a Monocentric to a Polycentric Response to the COVID-19 Crisis!
- Golf Lobby and Anti-Grafting Law: Evidence from South Korea
- The Middle-Income Trap and Competition Policy: An Institutional Analysis
- An Appraisal of the Legal Framework and the Impact of Administrative Corruption on the Jordanian Economy: An Empirical Evidence
- Efficacy of Adjudication Process of Corporate Insolvency Resolution Process (CIRP): Law and Economics of National Company Law Tribunal (NCLT)
Artikel in diesem Heft
- Frontmatter
- Research Articles
- Make-in-India: Moving from a Monocentric to a Polycentric Response to the COVID-19 Crisis!
- Golf Lobby and Anti-Grafting Law: Evidence from South Korea
- The Middle-Income Trap and Competition Policy: An Institutional Analysis
- An Appraisal of the Legal Framework and the Impact of Administrative Corruption on the Jordanian Economy: An Empirical Evidence
- Efficacy of Adjudication Process of Corporate Insolvency Resolution Process (CIRP): Law and Economics of National Company Law Tribunal (NCLT)