Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries
Corruption is a historical and global phenomenon, which exists in both developed and developing countries. Various cultural, social, economic and political factors affect corruption. Among these, security of property rights and democracy influence financial corruption. In this study, using a panel d...
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| Format: | Article |
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Tarbiat Modares University
2019-08-01
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| Series: | پژوهشهای اقتصادی |
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| Online Access: | http://ecor.modares.ac.ir/article-18-23529-en.pdf |
| _version_ | 1797803224667783168 |
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| author | Aghdas Baghcheghi Abdollah Khoshnoodi javad Harati |
| author_facet | Aghdas Baghcheghi Abdollah Khoshnoodi javad Harati |
| author_sort | Aghdas Baghcheghi |
| collection | DOAJ |
| description | Corruption is a historical and global phenomenon, which exists in both developed and developing countries. Various cultural, social, economic and political factors affect corruption. Among these, security of property rights and democracy influence financial corruption. In this study, using a panel data system and generalized least squares method, the interactive effects of democracy and security of property rights on corruption are examined in 59 selected developed and developing countries during 2005-2014. The findings of estimations with various indicators of democracy (Polity2, FH, and Political Rights) show that whereas protection of property rights reduces corruption in any political environment, the presence of democracy in society cannot reduce corruption alone. Democracy should be accompanied by high levels of security of property rights in order to affect financial corruption negatively. In addition, while protecting property rights reduces corruption in any political environment, it is more effective against corruption at high levels of democracy. |
| first_indexed | 2024-03-13T05:18:37Z |
| format | Article |
| id | doaj.art-d7548c9debdc4f38b2b212186d81133a |
| institution | Directory Open Access Journal |
| issn | 1735-6768 2980-7832 |
| language | fas |
| last_indexed | 2024-03-13T05:18:37Z |
| publishDate | 2019-08-01 |
| publisher | Tarbiat Modares University |
| record_format | Article |
| series | پژوهشهای اقتصادی |
| spelling | doaj.art-d7548c9debdc4f38b2b212186d81133a2023-06-15T20:24:02ZfasTarbiat Modares Universityپژوهشهای اقتصادی1735-67682980-78322019-08-01193109144Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected CountriesAghdas Baghcheghi0Abdollah Khoshnoodi1javad Harati2 M.A. in Economics, University of Bojnord, Bojnord, Iran Assistant Professor of Economics, University of Bojnord, Bojnord, Iran Assistant Professor of Economics, University of Bojnord Corruption is a historical and global phenomenon, which exists in both developed and developing countries. Various cultural, social, economic and political factors affect corruption. Among these, security of property rights and democracy influence financial corruption. In this study, using a panel data system and generalized least squares method, the interactive effects of democracy and security of property rights on corruption are examined in 59 selected developed and developing countries during 2005-2014. The findings of estimations with various indicators of democracy (Polity2, FH, and Political Rights) show that whereas protection of property rights reduces corruption in any political environment, the presence of democracy in society cannot reduce corruption alone. Democracy should be accompanied by high levels of security of property rights in order to affect financial corruption negatively. In addition, while protecting property rights reduces corruption in any political environment, it is more effective against corruption at high levels of democracy.http://ecor.modares.ac.ir/article-18-23529-en.pdfdemocracysecurity of property rightscorruption |
| spellingShingle | Aghdas Baghcheghi Abdollah Khoshnoodi javad Harati Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries پژوهشهای اقتصادی democracy security of property rights corruption |
| title | Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries |
| title_full | Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries |
| title_fullStr | Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries |
| title_full_unstemmed | Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries |
| title_short | Investigation of the Interaction Effect of Democracy and Security of Property Rights on Corruption in Selected Countries |
| title_sort | investigation of the interaction effect of democracy and security of property rights on corruption in selected countries |
| topic | democracy security of property rights corruption |
| url | http://ecor.modares.ac.ir/article-18-23529-en.pdf |
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