@article{ART001515789},
author={Kang, Chul Kyu and 이재형},
title={Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008},
journal={Journal of Asia-Pacific Studies},
issn={1225-8539},
year={2010},
volume={17},
number={3},
pages={169-181},
doi={10.18107/japs.2010.17.3.010}
TY - JOUR
AU - Kang, Chul Kyu
AU - 이재형
TI - Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008
JO - Journal of Asia-Pacific Studies
PY - 2010
VL - 17
IS - 3
PB - Institute of Global Affairs
SP - 169
EP - 181
SN - 1225-8539
AB - With Korea’s annual data from 1986 to 2008, the regression results are found to be consistent with the hypothesis that business corruption and public sector corruption have detrimental effects on growth. In a comparison between two indicators of corruption, business corruption is more important factor than public sector corruption in explaining the growth. The Stock-Watson causality test indicates that two causal relationships between each pair of corruptions exist; reducing one is likely to result in reductions in the other, implying that business and public sector corruptions may be one package in policy formulation. It is also evident that growth is enhanced at a faster rate with reduced business and public sector corruptions as physical technology is developed. Given the interaction term, physical technology is more sensitive to business corruption than to public sector corruption. The results from the estimated error correction model suggest that each of business and public sector corruptions has a contemporaneous effect as well as a long-term effect.
KW - Physical Technology;Business Corruption;Public Sector Corruption;Cochrane Orcutt Estimation;Error Correction Term
DO - 10.18107/japs.2010.17.3.010
ER -
Kang, Chul Kyu and 이재형. (2010). Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008. Journal of Asia-Pacific Studies, 17(3), 169-181.
Kang, Chul Kyu and 이재형. 2010, "Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008", Journal of Asia-Pacific Studies, vol.17, no.3 pp.169-181. Available from: doi:10.18107/japs.2010.17.3.010
Kang, Chul Kyu, 이재형 "Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008" Journal of Asia-Pacific Studies 17.3 pp.169-181 (2010) : 169.
Kang, Chul Kyu, 이재형. Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008. 2010; 17(3), 169-181. Available from: doi:10.18107/japs.2010.17.3.010
Kang, Chul Kyu and 이재형. "Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008" Journal of Asia-Pacific Studies 17, no.3 (2010) : 169-181.doi: 10.18107/japs.2010.17.3.010
Kang, Chul Kyu; 이재형. Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008. Journal of Asia-Pacific Studies, 17(3), 169-181. doi: 10.18107/japs.2010.17.3.010
Kang, Chul Kyu; 이재형. Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008. Journal of Asia-Pacific Studies. 2010; 17(3) 169-181. doi: 10.18107/japs.2010.17.3.010
Kang, Chul Kyu, 이재형. Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008. 2010; 17(3), 169-181. Available from: doi:10.18107/japs.2010.17.3.010
Kang, Chul Kyu and 이재형. "Physical Technology, Business and Public Sector Corruptions, and Growth: The Sensitivity Analysis Using Korea’s Time Series Data for 1986-2008" Journal of Asia-Pacific Studies 17, no.3 (2010) : 169-181.doi: 10.18107/japs.2010.17.3.010