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Predicting Corrupt Practices In The Public Sector For 23 Oecd Countries

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  • KOYUNCU, Cuneyt

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  • BHATTACHARYYA, Gautam
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    Abstract

    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.

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    Bibliographic Info

    Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.

    Volume (Year): 7 (2007)
    Issue (Month): 1 ()
    Pages:

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    Handle: RePEc:eaa:aeinde:v:7:y:2007:i:1_2

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    Related research

    Keywords: Corruption; bribery; government; growth; investment;

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