20 years

EJCE Year: 2023, June. Volume: 20 - Issue: 1

On the relationship between income and control of corruption in the Eurozone

by Laura López-Gómez

Start page: 3 - End page: 37

Keywords: Corruption, Eurozone, Income, Panel cointegration, Panel granger causality

Jel code: F0; P0; P16; P48

DOI: 10.25428/1824-2979/020

Abstract:

This study uses panel Granger causality and cointegration tests to examine the relationship between income per capita and control of corruption in the Eurozone. The analysis covers the entire Eurozone and subgroups of countries from 2002 to 2021. The results show that there is not a bidirectional predictive causal relationship between growth and the increase of control of corruption in the Eurozone. The Great Recession has had a significant impact on the relationship between control of corruption and income per capita, leading to a disconnection between the two variables after 2008, except for Eastern countries. A cointegrated relationship between these variables is found in Estonia, Latvia, Lithuania, Slovakia, and Slovenia. Policymakers need to tailor anti-corruption measures to the specific institutional contexts of each country in the Eurozone.

View this article (PDF)

In case of problems please write an e-mail to secretariat.ejce@liuc.it

Publisher perpetually authorizes participants in the LOCKSS system to archive and restore EJCE articles through the LOCKSS System for the benefit of all LOCKSS System participants. EJCE is registered as OAI-PMH data provider. OAI - Records check.
EJCE, 2018-    : Registro stampa Trib. Busto Arsizio n. 7/18 del 13.07.2018; Direttore responsabile: Laura Ballestra, Università Carlo Cattaneo - LIUC c.so Matteotti 22 20153 Castellanza VA
EJCE, 2004-2017: Supplemento a LIUC Papers, Registro stampa Trib. Busto Arsizio n. 11/93 del 11.06.1993; Direttore responsabile: Laura Ballestra, Università Carlo Cattaneo - LIUC c.so Matteotti 22 20153 Castellanza VA