Does financial inclusion control corruption in upper-middle and lower-middle income countries?

نویسندگان

چکیده

Presence of corruption in a system is always path breaker for transparent distribution public services the economy. Therefore, controlling high priority progress country’s growth. The main objective this study was to empirically examine impacts financial inclusion on control selected upper-middle and lower-middle income countries. Using cross-country annual data from 2004 2018, applied fixed effect, random panel corrected standard errors, feasible general least square 2SLS (two-stage least-squares regression) models evaluate across all samples results (UMI) countries demonstrated that basic level has no impact corruption, whereas higher intensification beyond positively it. Similarly, findings lower-middle-income (LMI) indicated up certain threshold helps above negatively corruption. These empirical suggest overall sample, plays an important role

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ژورنال

عنوان ژورنال: Asia-Pacific journal of regional science

سال: 2022

ISSN: ['2509-7954', '2509-7946']

DOI: https://doi.org/10.1007/s41685-022-00269-0