IMPACT OF COMPOUND DEMOCRACY VARIABLES ON CORRUPTION CONTROL; WITH SPECIAL REFERENCE TO PROPERTY RIGHTS

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SEPEHRDOUST HAMID; BERJISIAN ADEL

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Journal: Journal of Monetary and Banking Research Year:2016 | Volume:9 | Issue:29 Page(s): 457-485

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Title

IMPACT OF COMPOUND DEMOCRACY VARIABLES ON CORRUPTION CONTROL; WITH SPECIAL REFERENCE TO PROPERTY RIGHTS

Author(s)

SEPEHRDOUST HAMID | BERJISIAN ADEL | Issue Writer Certificate

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Abstract

Corruption is an economic, political and cultural disorder phenomenon, that influence on developed and developing countries. In this study, first, we identify the phenomenon of corruption in a general equilibrium analysis. Then, we investigate the relationship between corruption, property right, and democracy, on the basis of the evidence from developing economies. For this purpose, a panel model is used to analyze relevant data of 53 selected developing countries for the period of 1996 and 2013. The results indicate significant negative effects of democracy, property rights, economic growth and investment on the level of corruption. Moreover, Gini coefficient of inequality and political instability have a significant and positive effect on corruption. Our findings also show by adding the interaction variable between democracy and property right protection as a new variable, the relationship between the corruption and democracy increase and that shows that the effect of democracy on corruption is empowered with the property right protection variable.

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APA: Copy

SEPEHRDOUST, HAMID, & BERJISIAN, ADEL. (2016). IMPACT OF COMPOUND DEMOCRACY VARIABLES ON CORRUPTION CONTROL; WITH SPECIAL REFERENCE TO PROPERTY RIGHTS. JOURNAL OF MONETARY AND BANKING RESEARCHES, 9(29 ), 457-485. SID. https://sid.ir/paper/263725/en

Vancouver: Copy

SEPEHRDOUST HAMID, BERJISIAN ADEL. IMPACT OF COMPOUND DEMOCRACY VARIABLES ON CORRUPTION CONTROL; WITH SPECIAL REFERENCE TO PROPERTY RIGHTS. JOURNAL OF MONETARY AND BANKING RESEARCHES[Internet]. 2016;9(29 ):457-485. Available from: https://sid.ir/paper/263725/en

IEEE: Copy

HAMID SEPEHRDOUST, and ADEL BERJISIAN, “IMPACT OF COMPOUND DEMOCRACY VARIABLES ON CORRUPTION CONTROL; WITH SPECIAL REFERENCE TO PROPERTY RIGHTS,” JOURNAL OF MONETARY AND BANKING RESEARCHES, vol. 9, no. 29 , pp. 457–485, 2016, [Online]. Available: https://sid.ir/paper/263725/en

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