How does corruption affect public debt? An empirical analysis

Arbeitspapier

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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 1322

Klassifikation und Themen

• 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
• Thema: corruption ; public debt ; government expenditure ; shadow economy ; military expenditure

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Cooray, Arusha ; Schneider, Friedrich
• Ereignis: Veröffentlichung
• (wer): Johannes Kepler University of Linz, Department of Economics
• (wo): Linz
• (wann): 2013

Weitere Informationen

• Handle: http://hdl.handle.net/10419/97435
• Letzte Aktualisierung: 20.09.2024, 08:23 MESZ