Dynamic Effects of Corruption on General Government Final Consumption Expenditure: Evidence from OECD Countries
Yükleniyor...
Tarih
2021
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
State Audit Office Hungary
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The relationship of corruption with macroeconomic indicators and its widespread negative impact over the years has been the subject of many empirical studies. Public expenditures, which are among these macroeconomic indicators, are one of the fiscal policy tools and their size and amount can he alternated by policymakers who gain an advantage from corruption. In this respect, the effect of corruption on the government final consumption expenditure is interrogated by System Generalized Methods of Moment panel data analysis in this study. Using four different corruption indexes in terms of robustness check, and forecasting covering the 2002-2018 period for 37 OECD countries proclaim that the corruption indexes in 3 models are significantly and positively related to public expenditures, while the other corruption index is positively but insignificantly correlated.
Açıklama
Anahtar Kelimeler
corruption, expenditure, System Generalized Methods of Moment
Kaynak
Public Finance Quarterly-Hungary
WoS Q DeÄŸeri
N/A
Scopus Q DeÄŸeri
Cilt
66
Sayı
4
