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Business cycle and corruption

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Author Info

  • Gokcekus, Omer
  • Suzuki, Yui

Abstract

In studying the Great Depression, Galbraith asserts that the higher the transitory income the higher the corruption. For a panel of 39 countries over 13Â years, 1995-2007, Galbraith's claim holds. Regression analyses also confirm that the higher the permanent income, the lower the corruption.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 111 (2011)
Issue (Month): 2 (May)
Pages: 138-140

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Handle: RePEc:eee:ecolet:v:111:y:2011:i:2:p:138-140

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Web page: http://www.elsevier.com/locate/ecolet

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Keywords: Economic growth Business cycle Corruption;

References

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  1. Melitz, Jacques & Zumer, Frederic, 2002. "Regional redistribution and stabilization by the center in Canada, France, the UK and the US:: A reassessment and new tests," Journal of Public Economics, Elsevier, vol. 86(2), pages 263-286, November.
  2. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
  3. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert Vishny, 1998. "The Quality of Goverment," NBER Working Papers 6727, National Bureau of Economic Research, Inc.
  4. Chowdhury, Shyamal K., 2004. "The effect of democracy and press freedom on corruption: an empirical test," Economics Letters, Elsevier, vol. 85(1), pages 93-101, October.
  5. Treisman, Daniel, 2000. "The causes of corruption: a cross-national study," Journal of Public Economics, Elsevier, vol. 76(3), pages 399-457, June.
  6. Gokcekus, Omer, 2008. "Is it protestant tradition or current protestant population that affects corruption?," Economics Letters, Elsevier, vol. 99(1), pages 59-62, April.
  7. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, vol. 58(2), pages 277-97, April.
  8. Gokcekus, Omer & Knorich, Jan, 2006. "Does quality of openness affect corruption?," Economics Letters, Elsevier, vol. 91(2), pages 190-196, May.
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Citations

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Cited by:
  1. Niklas Potrafke, 2011. "Intelligence and Corruption," Working Paper Series of the Department of Economics, University of Konstanz 2011-36, Department of Economics, University of Konstanz.
  2. Yamamura, Eiji, 2011. "Public sector corruption and the probability of technological disasters," MPRA Paper 34833, University Library of Munich, Germany.
  3. Richard L. Carson, 2009. "On Rent Seeking and Inclusiveness," Carleton Economic Papers 09-05, Carleton University, Department of Economics, revised 18 Apr 2013.

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