• Aurolipsa Das NIT Rourkela
  • Devi Prasad Dash IIM ROHTAK
  • Narayan Sethi NIT Rourkela
Keywords: Innovation, Corruption, Economic Growth, Asia, Quantile Regression


In this paper, we investigate the impact of innovation and corruption on economic growth for 13 emerging Asian economies over the period of 2009 to 2018. Using global innovation and corruption indices, we show that innovation has no significant impact on growth. In contrast, corruption slows down growth in the region. Our results indicate that innovation in the region is not robust enough to attract growth and that corruption is the major hindrance to growth.


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Author Biographies

Aurolipsa Das, NIT Rourkela

She is the doctoral research fellow in the humanities and social sciences dept at NIT Rourkela, India. 

Devi Prasad Dash, IIM ROHTAK

Devi Prasad Dash is working as the assistant professor in economics and public policy area in IIM Rohtak, India.

Narayan Sethi, NIT Rourkela

Dr Narayan Sethi is working as the associate professor in economics in dept of humanities and social sciences at NIT Rourkela. 


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How to Cite
Das, A., Dash, D., & Sethi, N. (2020). INNOVATION, CORRUPTION, AND ECONOMIC GROWTH IN EMERGING ASIA. Buletin Ekonomi Moneter Dan Perbankan, 23(3), 347 - 364.