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Are performances in Governance Indicators Complementary to Corruption Abatement? : A Cross-Country Analysis

International Journal of Research in Business and Social Science

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Field Value
 
Title Are performances in Governance Indicators Complementary to Corruption Abatement? : A Cross-Country Analysis
 
Creator Das, Ramesh Chandra; Katwa College, affiliated to University of Burdwan, West Bengal, India
Ray, Kamal Ray; Katwa College, affiliated to University of Burdwan, West Bengal, India
 
Subject Economics
CPI, Governance indicators, Granger Causality, Correlation, Regression
Political Economics
 
Description Private use of public office for private gain could be a tentative connotation of corruption and most distasteful event of corruption is that it is not there, nor that it is pervasive, but it is socially acknowledged in the global economy, especially in the developing nations. In the present paper we attempt to assess the interrelationship between the Corruption perception index (CPI) and the principal components of governance indicators as per World Bank Governance Indicators like Control of Corruption (CC), Rule of Law (RL), Regulatory Quality (RQ) and Government Effectiveness (GE). Applying Granger Causality Test the study observes a mixed or inconclusive result. Only bilateral causal link between the CPI and CC works for UK, whereas there are unilateral causal links between the CPI and one or more governance indicators working for other countries for France, Japan, China, India, Thailand and South Africa. In no way causalities are observed for USA, Germany and Brazil.
 
Publisher SSBFNET
 
Contributor Nil
 
Date 2015-09-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/444
 
Source International Journal of Research in Business and Social Science ( ISSN: 2147- 4478); Vol 4, No 3 (2015): IJRBS: July; 1-10
2147-4478
 
Language eng
 
Relation http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/444/416
 
Rights Copyright (c) 2015 International Journal of Research in Business and Social Science ( ISSN: 2147- 4478)
http://creativecommons.org/licenses/by/4.0