2015
DOI: 10.1016/j.jce.2014.05.007
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Divining the level of corruption: A Bayesian state-space approach

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Cited by 82 publications
(38 citation statements)
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“…For instance, foreign investors may be more likely to bring money into the country if perceived corruption is low. 3 For more details about the statistical method used to produce the Bayesian Corruption Index (BCI), please refer to Standaert (2015).…”
Section: Key Independent Variables: Measures Of Fiscal Transparencymentioning
confidence: 99%
See 1 more Smart Citation
“…For instance, foreign investors may be more likely to bring money into the country if perceived corruption is low. 3 For more details about the statistical method used to produce the Bayesian Corruption Index (BCI), please refer to Standaert (2015).…”
Section: Key Independent Variables: Measures Of Fiscal Transparencymentioning
confidence: 99%
“…For more details about the statistical method used to produce the Bayesian Corruption Index (BCI), please refer to Standaert ().…”
mentioning
confidence: 99%
“…Firstly, a country will have rank x+1 if it is significantly more open than at least one country with rank x. Secondly, if a country's policy is not significantly different from that of any other country, it cannot be ranked. The advantage of constructing a ranking in this way is that small differences between countries will not lead to a different ranking unless they can be identified as statistically significant (Standaert, 2015). Figure 4 shows the results for the 38 countries whose level can be compared.…”
Section: The Migration Policy Indexesmentioning
confidence: 99%
“…The variable expressing participation in free trade area --was calculated in the same fashion, with value 1 assigned to years where both countries were members of the European Union. To measure the impact of corruption on international trade two additional variables were calculated using Bayesian Corruption Index (Standaert, 2015): the higher the value of the index the higher is the degree of perceived corruption. One, is calculated as the product, while measures the absolute value of the difference in the values of the indicator for two countries under consideration.…”
Section: Data and Measurementmentioning
confidence: 99%