Dynamic Effects of Corruption on General Government Final Consumption Expenditure: Evidence from OECD Countries
      
Yazarlar (1)
Doç. Dr. Emin Efecan AKTAŞ Hatay Mustafa Kemal University, Türkiye
Makale Türü Açık Erişim Özgün Makale (ESCI dergilerinde yayınlanan tam makale)
Dergi Adı Public Finance Quarterly
Dergi ISSN 0031-496X Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SCOPUS, ESCI
Makale Dili İngilizce Basım Tarihi 12-2021
Cilt / Sayı / Sayfa 66 / 4 / 551–567 DOI 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
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