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IS POLITICAL ENVIRONMENT A BREEDING GROUND FOR PUBLIC SECTOR CORRUPTION? EVIDENCE FROM A CROSS-COUNTRY ANALYSIS

Sri Lanka Journal of Business Economics

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Title IS POLITICAL ENVIRONMENT A BREEDING GROUND FOR PUBLIC SECTOR CORRUPTION? EVIDENCE FROM A CROSS-COUNTRY ANALYSIS
 
Creator Kumara, Ajantha Sisira
 
Description This study employs the instrumental variable two-stage least squares regression approach for the data for 121 countries to explore the impact of a country’s political environment on its level of corruption. The study provides strong evidence that a higher degree of rule of law, press freedom, readiness and capacity to handle e-governance practices, and urbanization are associated with a lower level of public sector corruption across all 121 countries. The colonial dummies and having a presidential government are found to be valid instruments for rule of law in addressing the issue of endogeniety embedded in it. Further, to a certain degree, landlocked countries are relatively more corrupt than coastal countries. Finally, policy implications are discussed based on the findings of the study.Keywords: Corruption, Political Environment, Endogeniety, Public Sector
 
Publisher University of Sri Jayewardenepura
 
Contributor —
 
Date 2019-03-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.sjp.ac.lk/index.php/sljbe/article/view/3834
 
Source Sri Lanka Journal of Business Economics; Vol 5 (2014)
ISSN 1391 – 9601
 
Language eng
 
Relation http://journals.sjp.ac.lk/index.php/sljbe/article/view/3834/3032
 
Rights Copyright (c) 2019 Sri Lanka Journal of Business Economics