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An analysis of the effect of widespread unemployment on corruption

Author

Listed:
  • Udit MAHESHWARI

    (Mahatma Jyotiba Phule Rohilkhand University, Bareilly, India)

  • Ashutosh PRIYA

    (Mahatma Jyotiba Phule Rohilkhand University, Bareilly, India)

  • Ravi Kumar GUPTA

    (Madan Mohan Malaviya University of Technology, Gorakhpur, India)

Abstract

Background. Unemployment hinders the economic growth of every country, it intensifies levels of illicit activities in every economy. An economy faces many economic as well as social problems due to unemployment and illicit activities. Objective. This study aims to analyse the effects of widespread unemployment on illicit activities. Methodology. This study used panel data from about 158 countries ranging from the year 2003 to the year 2016. Results. Findings show unemployment has a direct and positive impact on corruption-related activities. If the presence of unemployment is high in a particular country, it will increase corruption-related activities and vice versa.

Suggested Citation

  • Udit MAHESHWARI & Ashutosh PRIYA & Ravi Kumar GUPTA, 2022. "An analysis of the effect of widespread unemployment on corruption," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(633), W), pages 163-172, Winter.
    • Handle: RePEc:agr:journl:v:4(633):y:2022:i:4(633):p:163-172
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    References listed on IDEAS

    as
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    4. Cuneyt Koyuncu & Harun Ozturkler & Rasim Yilmaz, 2010. "Privatization and corruption in transition economies: a panel study," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 13(3), pages 277-284.
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    Full references (including those not matched with items on IDEAS)

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