Public Spending Allocation, Fiscal Performance and Corruption
This paper concentrates on the expenditure side of the budgetary process. It examines the impact of corruption on public spending decision-making and budget execution, especially in the occurrence of fiscal slippages, also by assessing the characteristics of corrupt behaviours across the various phases of the budgetary process. The purpose of this paper is to briefly review the related literature and discuss the impact of corruption on the budget process, through the empirical investigation of fifteen EU countries,-super-2 paying particular attention to Greece. Applying simple econometric techniques on a sample of fifteen old EU members and for the period 1995-2006, two main effects of corruption are considered: corruption influences the decisions on public spending allocation and, is positively correlated on the one hand, with the level of public expenditure allocated for general public services, defence, order and safety, economic affairs and culture, while on the other hand, is negatively correlated with the so-called social expenditure. A secondary impact of corruption related to the execution phase of the budget, is that corruption affects the accuracy of expenditure, pushing public spending above the budgetary targets and leading to systematic budget expenditure overshooting and thus, to continuous fiscal slippages and poor budgetary performance. Copyright (c) 2010 The Economic Society of Australia.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 29 (2010)
Issue (Month): 1 (03)
|Contact details of provider:|| Postal: |
Phone: 61 3 9497 4140
Fax: 61 3 9497 4140
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0812-0439Email:
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0812-0439|
When requesting a correction, please mention this item's handle: RePEc:bla:econpa:v:29:y:2010:i:1:p:64-79. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.