TY - JOUR
T1 - Corruption and inflation
T2 - evidence from US states
AU - Elkamel, Hussein
N1 - Funding Information:
The author of this article has not made their research dataset openly available. Any enquiries regarding the dataset can be directed to the corresponding author.
Publisher Copyright:
© 2019, Emerald Publishing Limited.
PY - 2019/5/3
Y1 - 2019/5/3
N2 - Purpose: The purpose of this paper is to show that states where corruption is greater also have higher levels of inflation. Design/methodology/approach: Using a sample of all US states through the period 1992-2007 and various factors common across states that could impact the level of corruption or inflation, multiple regression techniques are used to determine corruption impact to inflation. Findings: The study finds that corruption contributes, along with aid transfer, positively to inflation in the US states. The results are robust even after scaling the corruption variable to different determinants. Originality/value: While there is some evidence on the relationship between corruption and inflation in cross-country dataset, there is no such evidence on it within country dataset. This paper, however, provides evidence on the relationship between corruption and inflation using state-level data of the US states.
AB - Purpose: The purpose of this paper is to show that states where corruption is greater also have higher levels of inflation. Design/methodology/approach: Using a sample of all US states through the period 1992-2007 and various factors common across states that could impact the level of corruption or inflation, multiple regression techniques are used to determine corruption impact to inflation. Findings: The study finds that corruption contributes, along with aid transfer, positively to inflation in the US states. The results are robust even after scaling the corruption variable to different determinants. Originality/value: While there is some evidence on the relationship between corruption and inflation in cross-country dataset, there is no such evidence on it within country dataset. This paper, however, provides evidence on the relationship between corruption and inflation using state-level data of the US states.
KW - Corruption
KW - Inflation
KW - Public economics
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U2 - 10.1108/JFEP-05-2018-0081
DO - 10.1108/JFEP-05-2018-0081
M3 - Article
AN - SCOPUS:85060139099
SN - 1757-6385
VL - 11
SP - 251
EP - 262
JO - Journal of Financial Economic Policy
JF - Journal of Financial Economic Policy
IS - 2
ER -