J 2024

Corruption and Human Development: Panel Data Analysis in Transition Economies

LINHARTOVÁ, Veronika and Milan Jan PŮČEK

Basic information

Original name

Corruption and Human Development: Panel Data Analysis in Transition Economies

Authors

LINHARTOVÁ, Veronika (203 Czech Republic, guarantor, belonging to the institution) and Milan Jan PŮČEK (203 Czech Republic, belonging to the institution)

Edition

Montenegrin Journal of Economics, Economic Laboratory for Transition Research, 2024, 1800-5845

Other information

Language

English

Type of outcome

Article in a journal

Field of Study

50204 Business and management

Country of publisher

Montenegro

Confidentiality degree

is not subject to a state or trade secret

References:

URL

Impact factor

Impact factor: 1.000

Organization unit

AMBIS University

DOI

https://doi.org/10.14254/1800-5845/2024.20-2.14

UT WoS

001208306400008

EID Scopus

2-s2.0-85192205910

Keywords in English

Corruption;Human capital;Human development;transition economies;panel data

Tags

RIV 2024
Changed: 12/2/2025 22:55, Bc. Olga Puldová

Abstract

In the original language

Human capital is currently referred to as the driving force of national economies. It includes all the knowledge, talents, skills, abilities, experience, intelligence, and training of the country's workforce. The governments of individual countries are fully aware of this and are trying to stimulate human capital and stimulate its development. Apart from the economic consequences of corruption, several social consequences of corruption have also been empirically proven. As a result of inefficient use of public budgets, resources are limited in healthcare, education, and culture, in short, areas proven to cultivate human capital. Despite that, many authors have studied the effect of corruption on various macroeconomic variables, but only a few studies have empirically investigated the relationship between corruption and human capital development. This article aims to analyze the effects of corruption on the development of human capital in transitional economies, which are often mentioned as problematic in the context of bureaucratic corruption. By analyzing panel data for the period 1996-2021, it was found that corruption affects the development of human capital in the transitive economies examined. Corruption also affects human development indirectly through the dimensions of "Knowledge" and "Standard of Living".
Displayed: 9/10/2025 00:41