腐败与通货膨胀的动态关系:来自面板向量自回归的证据

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2016-12-05 DOI:10.1111/jere.12134

Seifallah Sassi, Amira Gasmi

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引用次数: 13

摘要

本文旨在解释腐败与通货膨胀之间的混合因果关系。为此，我们在1996年至2014年期间对180个国家的大样本应用了面板向量自回归模型。使用两个腐败指数和子样本估计，结果证明通货膨胀-腐败关系是双向的。从腐败到通货膨胀，因果关系更为重要。相互作用仍然显著，但在不同收入水平的子样本中存在异质性。腐败效应仅在中低收入经济体中持续存在，其对通胀的不利影响在高收入经济体中较弱。通货膨胀和腐败之间的双向关系反映了一些国家无法控制通货膨胀和陷入贫困陷阱的情况。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Dynamic Relationship Between Corruption–Inflation: Evidence From Panel Vector Autoregression

This paper aims to explain the mixed causality nexus between corruption and inflation. For that, we apply a panel vector autoregression model on a large sample of 180 countries over the period 1996–2014. Using two corruption indexes and subsample estimations, results provide evidence that the inflation–corruption nexus is bidirectional. The causal effect is more important from corruption to inflation. Interactions remain significant but heterogeneous across subsamples with different income levels. The corruption effect is persistent only in low–middle income economies and its adverse effect on inflation is weaker in high-income economies. The two-way relationship between inflation and corruption reflects the inability to control inflation and the situation of the poverty trap in some countries.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.