Corruption and Economic Growth Nexus: Empirical Insight from Sierra Leone

This study explores the impact of corruption on economic growth in Sierra Leone, a country grappling with post-conflict recovery and institutional challenges. Using time series secondary data from the World Development Indicators (1996–2024), the research applies econometric techniques, including the ARDL and SUR models, to analyze both short-term and long-term relationships between corruption indices and key economic indicators such as GDP. Stationarity tests ensure data reliability, and the models reveal that higher corruption levels significantly hinder economic growth by discouraging investment, distorting resource allocation, and undermining governance. The findings underscore the urgent need for strengthening institutional frameworks, implementing anti-corruption reforms, and enhancing governance to foster sustainable economic development. This study contributes empirical evidence to inform policymakers aiming to combat corruption and promote economic stability in Sierra Leone.

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Publication Details

Journal
Journal of Scientific Reports
Published
2025-01-01
DOI
https://doi.org/10.58970/jsr.1098
Primary Topic
Corruption and Economic Development
Type
article
Field-Weighted Citation Impact
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article

Corruption and Economic Growth Nexus: Empirical Insight from Sierra Leone

Marion Macorthor Maltina Sesay, Ahmed Aruna
Journal of Scientific Reports
Corruption and Economic Development
article

Corruption and Economic Growth Nexus: Empirical Insight from Sierra Leone

Marion Macorthor Maltina Sesay, Ahmed Aruna
article en

Abstract

This study explores the impact of corruption on economic growth in Sierra Leone, a country grappling with post-conflict recovery and institutional challenges. Using time series secondary data from the World Development Indicators (1996–2024), the research applies econometric techniques, including the ARDL and SUR models, to analyze both short-term and long-term relationships between corruption indices and key economic indicators such as GDP. Stationarity tests ensure data reliability, and the models reveal that higher corruption levels significantly hinder economic growth by discouraging investment, distorting resource allocation, and undermining governance. The findings underscore the urgent need for strengthening institutional frameworks, implementing anti-corruption reforms, and enhancing governance to foster sustainable economic development. This study contributes empirical evidence to inform policymakers aiming to combat corruption and promote economic stability in Sierra Leone.

Journal of Scientific ReportsVol. 9(1)
Openalex Percentile: Top 79%
Corruption and Economic Development
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