Arbeitspapier
How does corruption affect public debt? An empirical analysis
This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is compounded by increased government expenditure and increased size of the shadow economy.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1322
Klassifikation
Wirtschaft
Positive Analysis of Policy Formulation and Implementation
Informal Economy; Underground Economy
Structure, Scope, and Performance of Government
Tax Evasion and Avoidance
Illegal Behavior and the Enforcement of Law
Macroeconomic Analyses of Economic Development
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Positive Analysis of Policy Formulation and Implementation
Informal Economy; Underground Economy
Structure, Scope, and Performance of Government
Tax Evasion and Avoidance
Illegal Behavior and the Enforcement of Law
Macroeconomic Analyses of Economic Development
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Thema
corruption
public debt
government expenditure
shadow economy
military expenditure
public debt
government expenditure
shadow economy
military expenditure
Ereignis
Geistige Schöpfung
(wer)
Cooray, Arusha
Schneider, Friedrich
Schneider, Friedrich
Ereignis
Veröffentlichung
(wer)
Johannes Kepler University of Linz, Department of Economics
(wo)
Linz
(wann)
2013
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Cooray, Arusha
- Schneider, Friedrich
- Johannes Kepler University of Linz, Department of Economics
Entstanden
- 2013
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