Causes of corruption in European Countries

Λαζαρίδου, Ειρήνη; Lazaridou, Eirini

Master Thesis

Author

Λαζαρίδου, Ειρήνη

Lazaridou, Eirini

Date

2018-02

Abstract

This paper examines the political, economic and social issues of corruption in modern society, whereas the implications of this multifaceted phenomenon are being demonstrated. Further on, the determinants that have been attributed as causes of this persistent problem are being presented in order to structure a full resolution framework. Deepening the analysis, an empirical research is being conducted via two separate cross-sectional regressions in an attempt to explore whether corruption as measured by the Corruption Perceptions Index could be predicted by a series of indicators, id est economic growth (estimated in GDP per capita), legal origin, religion status and Eurozone membership across the countries members of the European Union. During the implementation process, the methodology adopted for both regressions is Ordinary Least Squares (OLS), while the conclusions of the tests reveal that the coefficient for GDP per capita is positive, implying that an increase in the level of economic development results in higher levels of the Corruption Perceptions Index and lower levels of corruption respectively, corroborating at the same time the theories perfectly. Moreover, the religion status, in fact the level of Protestants, appears to have a positive impact on the efficiency of anti-corruption policy, illustrating the case that cultural and religious aspects bear equally high significance along with the economic variables.

Postgraduate Studies Programme

Χρηματοοικονομική και Τραπεζική με κατεύθυνση στην Χρηματοοικονομική Ανάλυση για Στελέχη

Department

Σχολή Χρηματοοικονομικής και Στατιστικής. Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής

Number of pages

Language

English

URI

https://dione.lib.unipi.gr/xmlui/handle/unipi/11166

Collections

Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής

Show full item record

Except where otherwise noted, this item's license is described as
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές