Dynamic Effects of Corruption on General Government Final Consumption Expenditure: Evidence from OECD Countries

Autor:	Emin Efecan AKTAS
Rok vydání:	2021
Předmět:	Public Administration Finance
Zdroj:	Pénzügyi Szemle = Public Finance Quarterly. 66:551-567
ISSN:	2064-8278 0031-496X
DOI:	10.35551/pfq_2021_4_6
Popis:	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 be 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.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e1a3b9afb3974474bfdf828dff094afd https://doi.org/10.35551/pfq_2021_4_6 Zobrazit plný text záznamu Plný text ve formátu PDF