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Financial Dollarization: Short-Run Determinants in Transition Economies

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Author Info
M. Emranul Haque
Kyriakos C. Neanidis

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Abstract

This paper tests the proposition that fiscal transparency, measured by a newly constructed data on budget openness, can be a powerful control on corruption. This result is robust to the choice of index of corruption, conditioning variables, country sample, exclusion of outliers, and the use of different instrumentation and estimation techniques.

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File URL: http://www.socialsciences.manchester.ac.uk/cgbcr/dpcgbcr/dpcgbcr114.pdf
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Publisher Info
Paper provided by Economics, The Univeristy of Manchester in its series Centre for Growth and Business Cycle Research Discussion Paper Series with number 114.

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Length: 8 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:man:cgbcrp:114

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  1. Alt, James E. & Lassen, David Dreyer, 2006. "Fiscal transparency, political parties, and debt in OECD countries," European Economic Review, Elsevier, vol. 50(6), pages 1403-1439, August. [Downloadable!] (restricted)
  2. Freille, Sebastian & Haque, M. Emranul & Kneller, Richard, 2007. "A contribution to the empirics of press freedom and corruption," European Journal of Political Economy, Elsevier, vol. 23(4), pages 838-862, December. [Downloadable!] (restricted)
  3. Farhan Hameed, 2005. "Fiscal Transparency and Economic Outcomes," IMF Working Papers 05/225, International Monetary Fund. [Downloadable!]
  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. [Downloadable!] (restricted)
  5. J. D. Craig & George Kopits, 1998. "Transparency in Government Operations," IMF Occasional Papers 158, International Monetary Fund.
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This page was last updated on 2009-12-4.

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