The Consequences of Corruption on Inflation in Developing Countries: Evidence from Panel Cointegration and Causality Tests

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dc.contributor.authorOzsahin, Serife
dc.contributor.authorUcler, Gulbahar
dc.date.accessioned2024-02-23T14:35:08Z
dc.date.available2024-02-23T14:35:08Z
dc.date.issued2017
dc.departmentNEÜen_US
dc.description.abstractUp until the 1980s, studies on corruption were dominated by disciplines of public administration and sociology. In the following years, however, economists have also provided a good amount of research on this issue. According to Transparency International Agency, corruption, which has a negative impact on most macroeconomic indicators, is the abuse of entrusted power for private gain. Even though the disruption of corruption causing weak growth and investment rates has long been examined, there is little evidence regarding its impact on inflation. In this study, the nexus between corruption and inflation was investigated for 20 countries over the period 1995-2015. Estimation results indicated that high corruption increased inflation rates, and that there was a unidirectional causal relationship from corruption to inflation for ten countries in the sample.en_US
dc.identifier.doi10.3390/economies5040049
dc.identifier.issn2227-7099
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85061547686en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.urihttps://doi.org/10.3390/economies5040049
dc.identifier.urihttps://hdl.handle.net/20.500.12452/15893
dc.identifier.volume5en_US
dc.identifier.wosWOS:000419204200002en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherMdpi Agen_US
dc.relation.ispartofEconomiesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCorruptionen_US
dc.subjectInflationen_US
dc.subjectHeritage Foundationen_US
dc.subjectPanel Data Analysisen_US
dc.titleThe Consequences of Corruption on Inflation in Developing Countries: Evidence from Panel Cointegration and Causality Testsen_US
dc.typeArticleen_US

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