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Privatization and corruption in transition economies: a panel study

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  • Cuneyt Koyuncu
  • Harun Ozturkler
  • Rasim Yilmaz

Abstract

By using three corruption indices, six privatization indicators, and taking the endogeneity problem into consideration, we test the hypothesis that privatization contributes to a decrease in corruption in transition economies. We identified a highly statistically significant and negative association between privatization and corruption in transition economies for three different corruption indices and six different privatization indicators.

Suggested Citation

  • Cuneyt Koyuncu & Harun Ozturkler & Rasim Yilmaz, 2010. "Privatization and corruption in transition economies: a panel study," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 13(3), pages 277-284.
  • Handle: RePEc:taf:jecprf:v:13:y:2010:i:3:p:277-284
    DOI: 10.1080/17487870.2010.503099
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    References listed on IDEAS

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    Cited by:

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    3. Cheryl Long & Jing Zhang & Jin Yang, 2021. "Uncovering asset stripping during China's privatization," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 29(4), pages 651-680, October.
    4. John Nellis, 2012. "The International Experience with Privatization: Its Rapid Rise, Partial Fall and Uncertain Future," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 5(3), January.
    5. Sazzadul Arefin, 2019. "Geographic Endowment, Corruption, and Economic Development," Business and Economic Research, Macrothink Institute, vol. 9(1), pages 1-32, March.
    6. Gasmi, Farid & Berté, Isacco & Demoury, Louise & Kouakou, Dorgyles & Patzig, Niklas & Recuero Virto, Laura, 2024. "The privatization-corruption relationship is nonlinear: Evidence from 1985-2022 data on telecommunications in 103 countries," TSE Working Papers 24-1523, Toulouse School of Economics (TSE).
    7. Tomáš Otáhal, 2014. "Mises, Hayek and Corruption," Journal of Business Ethics, Springer, vol. 119(3), pages 399-404, February.
    8. Mustafa ÜNVER & Julide Yalçýnkaya KOYUNCU, 2016. "The Impact of Poverty on Corruption," Journal of Economics Library, KSP Journals, vol. 3(4), pages 632-642, December.
    9. Andris Zimelis, 2020. "Corruption research: A need for an integrated approach," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 23(3), pages 288-306, September.
    10. 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.
    11. Bogdan Dima & Stefana Maria Dima & Oana-Ramona Lobont, 2013. "New empirical evidence of the linkages between governance and economic output in the European Union," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 16(1), pages 68-89, March.
    12. Mustafa Kamal & Ebney Ayaj Rana & Abu N. M. Wahid, 2018. "Economic Reform and Corruption: Evidence from Panel Data," Australian Economic Papers, Wiley Blackwell, vol. 57(1), pages 92-106, March.

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