Research On Corruption,Anti-corruption And Regional Economic Growth

The corruption has been prevalent on a global scale.Hence,the anti-corruption issue has captured the wide attention in the world.It should be noted that the corruption perception index in China has remained below the average level compared with other countries,which is highly detrimental to the Chinese economy.Under the leadership of the general secretary Xi Jinping,the Chinese government has stepped up efforts to combat corruption in recent years.On one hand,the research into corruption has been a controversial issue in the field of economics.Although many economic theories point out that the corruption will have a negative effect on the economic growth,there are still few reaching a conclusion to the contrary.On the other hand,despite the intensified efforts of the Chinese government to combat corruption in recent years,the growth rate of Chinese economy has slowed down unexpectedly.Therefore,there has arisen a question as to whether the slowing economic growth should be attributed to the anti-corruption efforts.By means of empirical analysis,this paper has proven that the anti-corruption efforts will not hinder the development of Chinese economy.On the contrary,it is positive related to the economic growth.Before building the model aimed at analyzing the relationship between anti-corruption effort and Chinese economic growth,this paper will refer to a large quantity of existing literatures and also analyze the current status of the corruption and anti-corruption in China,which can provide the theoretical and data support for the analysis mode.With regard to the theoretical review,this paper will make a systematic introduction to the main views on the corruption and anti-corruption in the field of economics,including the research into corruption in different theories as well as the measures taken to combat corruption.Moreover,based on the current situation,this paper will also study the change of the corruptive form in China,the history of the ant-corruption in China as well as the difference in the efforts to combat corruption in different regions within China.For the first part of empirical analysis,the data of the auditing agency,auditing personnel and auditing projects in recent years will be utilized to reflect the structural difference of ant-corruption in China.The multi-variable regression analysis has been carried out to determine the influence of different anti-corruption structures on the economic growth.First of all,the increased number of the auditing personnel will have the largest influence on the economic growth.In other words,the increased number of the auditing personnel will contribute most to the anti-corruption effort.Secondly,the change of the auditing amount will also have a major influence on the economic growth.Lastly,the number of the auditing agency will influence the economic growth.On the whole,there is no obvious difference in the influence of different factors on the economic growth,which means that all the three methods to combat corruption are effective.For the second part of empirical analysis,this paper will make use of the data of the auditing agency,auditing personnel and auditing projects in different provinces so as to analyze the anti-corruption efforts.The panel data analysis model is also built.Through the entity fixed effect analysis,this paper has found that the difference in the anti-corruption efforts has led to different influences on the economic growth of those provinces in China.To be more specific,if the anti-corruption effort is strengthened,those factors hindering the economic growth in the local region will be also weakened accordingly,thus facilitating the economic growth.Based on the empirical analysis as well as the features of anti-corruption effect and spatial effect,the anti-corruption efforts should be intensified.By combining with anti-corruption measures proposed in the rent seeking theory,principal-agent theory,public choice theory and transaction cost theory,this paper will also provide some advice on how to enhance the anti-corruption effect and promote the economic growth accordingly.