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Dynamic Effects of Corruption on General Government Final Consumption Expenditure: Evidence from OECD Countries       
Yazarlar
Doç. Dr. Emin Efecan AKTAŞ
Kırşehir Ahi Evran Üniversitesi, Türkiye
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.
Anahtar Kelimeler
corruption, expenditure, System Generalized Methods of Moment
Makale Türü Özgün Makale
Makale Alt Türü ESCI dergilerinde yayımlanan tam makale
Dergi Adı Public Finance Quarterly / Pénzügyi Szemle
Dergi ISSN 0031-496X
Dergi Tarandığı Indeksler ESCI, SCOPUS
Makale Dili İngilizce
Basım Tarihi 12-2021
Cilt No 2021
Sayı 4
Sayfalar 551 / 567
Doi Numarası 10.35551/PFQ_2021_4_6
Makale Linki https://www.penzugyiszemle.hu/upload/pdf/penzugyi_szemle_angol/volume_66_2021_4/A_Aktas_2021_4.pdf