Predicting Corrupt Practices In The Public Sector For 23 Oecd Countries

• Cuneyt Koyuncu ^[1] ; Gautam Bhattacharyya ^[2]
  1. [1] Dumlupinar University

     Dumlupinar University

     Turquía

     
  2. [2] University of Kansas

     University of Kansas

     City of Lawrence, Estados Unidos

     
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 7, Nº. 1, 2007, págs. 15-36
• Idioma: inglés
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• Resumen

  • This paper adopts the MIMIC approach to estimate the relative development of corruption in 23 OECD countries for the period 1975-1993. The results indicate that Japan, Portugal, Spain, Greece, South Korea, and Turkey face with relatively high level of corruption while Netherlands, Norway, Ireland, Denmark, and Belgium experience relatively low level of corruption over time. For the other countries, corruption falls in either moderate category or fluctuates between two different categories. By using panel regression, we also found a statistically significant negative impact of the estimated corruption index on the investment level but not on the economic growth.