Financial corruption represented in spending and economic growth rates (Evidence from Libya for the period from 1990 to 2020)
DOI:
https://doi.org/10.51984/cas.v1i1.2774Keywords:
Real GDP, Spending, Causal Relationship, Cointegration Test, Financial CorruptionAbstract
This study aimed to identify financial corruption represented in excessive spending and its relationship to levels of economic growth. The study used the descriptive analysis method by analyzing and describing the time series data under study. It is also supported by standard analysis using cointegration tests and the Granger causality test. The results showed that there is a relationship in the long and short terms and that the relationship is unidirectional, moving from output to spending, according to the Granger causality test. This result summarized the reality of the Libyan economy and was opposed to the basics of economic theories. The increase in spending exceeded the increase in output, which resulted in a deficit in resources and an increase in pressure on bank reserves.
Downloads
Published
Deprecated: Return type of Carbon\Carbon::createFromTimestamp($timestamp, $tz = null) should either be compatible with DateTime::createFromTimestamp(int|float $timestamp): static, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/sebha/public_html/journal/lib/pkp/lib/vendor/nesbot/carbon/src/Carbon/Traits/Timestamp.php on line 29
Deprecated: Symfony\Component\Translation\Translator::__construct(): Implicitly marking parameter $formatter as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Translator.php on line 71
Deprecated: Symfony\Component\Translation\Translator::__construct(): Implicitly marking parameter $cacheDir as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Translator.php on line 71
Deprecated: Symfony\Component\Translation\Translator::addResource(): Implicitly marking parameter $domain as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Translator.php on line 109
Deprecated: Symfony\Component\Translation\Translator::trans(): Implicitly marking parameter $domain as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Translator.php on line 176
Deprecated: Symfony\Component\Translation\Translator::trans(): Implicitly marking parameter $locale as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Translator.php on line 176
Deprecated: Symfony\Component\Translation\Translator::getCatalogue(): Implicitly marking parameter $locale as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Translator.php on line 211
Deprecated: Symfony\Component\Translation\MessageCatalogue::all(): Implicitly marking parameter $domain as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/MessageCatalogue.php on line 66
Deprecated: Symfony\Component\Translation\MessageCatalogueInterface::all(): Implicitly marking parameter $domain as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/MessageCatalogueInterface.php on line 42
Deprecated: Symfony\Component\Translation\TranslatorBagInterface::getCatalogue(): Implicitly marking parameter $locale as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/TranslatorBagInterface.php on line 28
Deprecated: Carbon\AbstractTranslator::__construct(): Implicitly marking parameter $formatter as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/nesbot/carbon/src/Carbon/AbstractTranslator.php on line 81
Deprecated: Symfony\Component\Translation\Formatter\MessageFormatter::__construct(): Implicitly marking parameter $translator as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Formatter/MessageFormatter.php on line 31
Deprecated: Symfony\Component\Translation\Formatter\MessageFormatter::__construct(): Implicitly marking parameter $intlFormatter as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation/Formatter/MessageFormatter.php on line 31
Deprecated: Symfony\Contracts\Translation\TranslatorTrait::trans(): Implicitly marking parameter $domain as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation-contracts/TranslatorTrait.php on line 44
Deprecated: Symfony\Contracts\Translation\TranslatorTrait::trans(): Implicitly marking parameter $locale as nullable is deprecated, the explicit nullable type must be used instead in /home/sebha/public_html/journal/lib/pkp/lib/vendor/symfony/translation-contracts/TranslatorTrait.php on line 44
2022-12-13
Issue
Section
Article
How to Cite
Financial corruption represented in spending and economic growth rates (Evidence from Libya for the period from 1990 to 2020). (2022). Sebha University Conference Proceedings, 1(1), 220-227. https://doi.org/10.51984/cas.v1i1.2774
