Title: Does bureaucracy lead to economic development in ASEAN?
Authors: Mohamad Khusaini
Addresses: Faculty of Economic and Business, Brawijaya University, Jawa Timur 65145, Indonesia
Abstract: Bureaucracy issue is a challenge to the economic management of the countries in the world. In many studies, bureaucracy can affect a country's economic development. Inefficient bureaucracy will create a high cost economy and decrease investment in which eventually it may obstruct the economic growth. This research aims at analysing the effect of bureaucracy, investment, and government spending on the economic development. By using multiple regression analysis with Fixed Effect Model, the results indicate that investment and government spending have positive effect on the gross domestic product (GDP), while the index of bureaucracy shows varying results in affecting GDP.
Keywords: bureaucracy; government spending; economic development.
DOI: 10.1504/IJEPEE.2019.099736
International Journal of Economic Policy in Emerging Economies, 2019 Vol.12 No.2, pp.166 - 174
Received: 19 Mar 2018
Accepted: 17 Oct 2018
Published online: 20 May 2019 *