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Corruption and Economic Efficiency: Panel Data Evidence

dc.creatorHalkos, G. E.en
dc.creatorTzeremes, N. G.en
dc.date.accessioned2015-11-23T10:29:46Z
dc.date.available2015-11-23T10:29:46Z
dc.date.issued2010
dc.identifier10.1080/1226508x.2010.533854
dc.identifier.issn1226-508X
dc.identifier.urihttp://hdl.handle.net/11615/28386
dc.description.abstractThis paper investigates empirically the effect of corruption on countries' economic efficiency. By using a sample of 79 countries for the time period 2000-2006 the paper applies DEA window analysis and econometric panel data techniques. The results reveal that there is a U-shaped relationship between countries' corruption perception levels and economic efficiency. Furthermore, it appears that corruption has a negative effect on countries' economic efficiency. For the first time the turning points of such a relationship are being produced indicating that on average terms and regardless of countries' economic structure, Corruption Perception Index (CPI) above five initiate a positive effect on a countries' economic efficiency.en
dc.source.uri<Go to ISI>://WOS:000285351800006
dc.subjectCorruption Perception Index (CPI)en
dc.subjecteconomic efficiencyen
dc.subjectgeneralizeden
dc.subjectleast squaresen
dc.subjectDEA window analysisen
dc.subjectDATA ENVELOPMENT ANALYSISen
dc.subjectCROSS-SECTIONen
dc.subjectGROWTHen
dc.subjectINSTITUTIONSen
dc.subjectPRODUCTIVITYen
dc.subjectCOUNTRIESen
dc.subjectBRIBERYen
dc.subjectWORLDen
dc.subjectGEOGRAPHYen
dc.subjectINDUSTRYen
dc.subjectEconomicsen
dc.titleCorruption and Economic Efficiency: Panel Data Evidenceen
dc.typejournalArticleen


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