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The B.E. Journal of Economic Analysis & Policy

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Volume 17, Issue 4

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Volume 6 (2006)

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Volume 1 (2001)

The Impact of Fiscal Transparency on Corruption: An Empirical Analysis Based on Longitudinal Data

Elina De Simone / Giuseppe Lucio Gaeta
  • Department of Human and Social Sciences, University of Naples L’Orientale, Naples, Italy
  • Local Development and Internationalization, cMet05 Inter-University Centre for Applied Economic Studies on Industrial Policy, Ferrara, Italy
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/ Paulo Reis Mourão
Published Online: 2017-10-10 | DOI: https://doi.org/10.1515/bejeap-2017-0021

Abstract

Fiscal transparency is considered an essential feature of public financial management and is supposed to provide beneficial governance effects such as reducing corruption. This paper adds to recent empirical literature that specifically investigates the impact of fiscal information disclosure on corruption. Country-level evidence provided by previous studies is exclusively based on cross-sectional econometric analyses, while the present contribution relies on a wide-ranging, country-level dataset of 116 countries that cover a ten-year time span (2003–2012), and on dynamic panel data estimates. These innovations in terms of data and methods provide new, robust empirical support to the claim that fiscal transparency is negatively correlated with corruption.

Keywords: fiscal transparency; corruption; panel data; public administration

JEL Classification: D73; H83; D02

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About the article

Published Online: 2017-10-10


University of Naples Parthenope (Grant/Award Number: ‘2015/2016 individual research incentives’).


Citation Information: The B.E. Journal of Economic Analysis & Policy, Volume 17, Issue 4, 20170021, ISSN (Online) 1935-1682, DOI: https://doi.org/10.1515/bejeap-2017-0021.

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