Impact of Corruption on Economic Development: Case of Tunisia

Authors

A. Zouaoui, Department of Business Administration, RCC, King Saud University, Riyadh, KSAFollow
A. Al Qudah, Department of Finance, Abu Dhabi University, Abu Dhabi, UAEFollow
C. El Aoun, Institut des Hautes Etudes Comerciales de Sfax, B.P 43 - 3061 Sfax, TunisiaFollow
M. Ben Arab, Department of Business Administration, RCC, King Saud University, Riyadh, KSAFollow
H. Eleuch, Institute for Quantum Science and Engineering, Texas A&M University, College Station, Texas 77843, USA\\ Department of Applied Sciences and Mathematics, College of Arts and Sciences, Abu Dhabi University, Abu Dhabi, UAEFollow

Author Country (or Countries)

UAE

Abstract

In this paper, we predict the economic development of Tunisia by applying the alpha (a) model. The model is first validated for ten countries which were qualified as the less corrupted countries worldwide using the classification of International Transparency during the period of 1995 to 2014. Five variables are considered in the model to predict the economic development: Fixed capital formation, GDP per capita, life expectancy, school enrollment and unemployment. A good agreement between measured and predicted economic development data is obtained for all the selected countries. However, for Tunisia, we find a gap between the real and the predicted GDP per capita, which represents the cost of corruption.

Digital Object Identifier (DOI)

http://dx.doi.org/10.18576/journal/100321

Recommended Citation

Zouaoui, A.; Al Qudah, A.; El Aoun, C.; Ben Arab, M.; and Eleuch, H. (2018) "Impact of Corruption on Economic Development: Case of Tunisia," Applied Mathematics & Information Sciences: Vol. 12: Iss. 2, Article 21.
DOI: http://dx.doi.org/10.18576/journal/100321
Available at: https://digitalcommons.aaru.edu.jo/amis/vol12/iss2/21