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The Effect of Rent-seeking Behavior on Economic Growth in China

Lee, Hyukku 1

1배재대학교

Accredited

ABSTRACT

This study is focused on the effect of rent-seeking behavior on China's economic growth with 25 years data, between 1988-2012. The present study finds that as a proxy variable of rent-seeking behavior, such as Corruption Perception Index(CPI), corruption scale (CURSCALE), and the number of administrative corruption (CURNUM) were found to be affected in positive economic growth in China with higher significance. This means that although the rent-seeking behavior has a dysfunction, relatively large negative effect on the reform and innovation in the empirical literature, but the conclusion reached here is that China has a particularities of transitional economy would further lowers the cost of rent-seeking, furthermore, rent-seeking behavior is estimated to a positive impact on the economic growth in China.

Citation status

* References for papers published after 2022 are currently being built.