Panel Data Analysis on the Socio-Economic Determinants of  Corruption in the D-8 Countries

Karasaç, Fatih; Kete, Halil

doi:10.26650/sj.2022.42.3.0103

Cited by 2 publications

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“…Using the CPI as a measure of corruption, and data for the period 2003-2021, Karasaç and Halil (2022) use a panel data model to identify the determinants of corruption in Developing-Eight (D-8) countries. The authors suggest that human development index, economic freedom, and taxes as % of Gross Domestic Product (GDP) have an important impact on the corruption index, while government spending, GDP, and inflation are statistically insignificant.…”

Section: Literature Reviewmentioning

confidence: 99%

Economics of corruption: The demand side case of Western Balkan countries

Cakrani,

Shqau,

Karras

2024

IJAEFA

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The purpose of this article is to identify some macroeconomic and institutional factors that lead to the demand for corruption in the Western Balkans. Corruption is a very negative phenomenon that distorts markets and harms economic growth. Corruption has its side of supply and demand. Both the supply and demand for corruption are influenced by many factors. Among the different indexes, the Corruption Perception Index and Control of Corruption Index are used in this paper as measures of corruption. To analyze factors that affect the demand for corruption, two econometric models are constructed, where independent variables are real income per capita, inequality gap, unemployment rate, rule of law, and government efficiency. A panel model with data for the period 2012-2022 is used to identify the most important variables affecting corruption in the Western Balkans. The results show that the index used to measure corruption affects the statistical significance of the variables, with the inequality gap and rule of law being significant in both models. The identification of factors can help the governments of these countries design policies and adopt strategies that will reduce the involvement of people in corrupt practices. There are a limited number of papers that have analysed the causes of corruption in the Western Balkans, and this paper will add value to the existing literature on this very important topic.

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Section: Literature Reviewmentioning

confidence: 99%

Economics of corruption: The demand side case of Western Balkan countries

Cakrani,

Shqau,

Karras

2024

IJAEFA

View full text Add to dashboard Cite

show abstract

Economics of Corruption: Demand Side Case of Western Balkan Countries

Cakrani,

Karras,

Shqau

2024

Financial Engineering

View full text Add to dashboard Cite

Corruption is a very negative phenomenon, which distorts markets and harms economic growth. Corruption has its side of supply and demand. Both supply and demand for corruption are influenced by many factors. The purpose of this article is to identify some macroeconomic and institutional factors that lead to the demand for corruption in the Western Balkans. The Corruption Perception Index and Control of Corruption index are used as measures of corruption, therefore in this paper two models are built, where independent variables are real income per capita, inequality gap, unemployment rate, rule of law, and government efficiency. A panel model, with data for the period 2012-2022 is used to identify the most important variables affecting corruption in the Western Balkans. The results show that the index used to measure corruption affects the statistical significance of the variables, with inequality gap and rule of law being significant in both models. The identification of the factors can serve the governments of these countries to design policies and adopt strategies that will reduce the involvement of people in corrupt practices.

show abstract

Panel Data Analysis on the Socio-Economic Determinants of Corruption in the D-8 Countries

Cited by 2 publications

References 0 publications

Economics of corruption: The demand side case of Western Balkan countries

Economics of corruption: The demand side case of Western Balkan countries

Economics of Corruption: Demand Side Case of Western Balkan Countries

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