The Shadow Economy and Corruption in ECO Countries

被引:0
|
作者
Gokcekus, Omer [1 ]
Bagirzadeh, Elshan [2 ]
Scribner, Daniel [1 ]
机构
[1] Seton Hall Univ, S Orange, NJ 07079 USA
[2] Azerbaijan State Univ Econ, Baku, Azerbaijan
关键词
Shadow Economy; Corruption; ECO Countries; Post-Soviet Countries; Turkic Countries; US; STATE;
D O I
10.17233/sosyoekonomi.2023.04.09
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the shadow economy and corruption relationship throughout seven Economic Cooperation Organization (ECO) countries. Utilising shadow economy data provided by Medina and Schneider (2017; 2019) and Transparency International's corruption perception indicator between 2000-2017, regression analysis suggests that there is a statistically significant relationship between corruption and shadow economy, and additionally, that Soviet heritage plays a role in the determination of this relationship. Results show that for post-Soviet ECO nations, the relationship is complimentary, while for 'Other' ECO nations, the relationship is substitutive.
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页码:179 / 190
页数:12
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