YOLSUZLUK VE İKTİSADİ BÜYÜME İLİŞKİSİ: OECD VE AB ÜLKELERİ ÜZERİNE PANEL SINIR TESTİ ANALİZİ

Birçok ülkede olduğu gibi gelişmiş ülkelerde de iktisadi, siyasal ve sosyal sorunlara sebebiyet veren yolsuzluk kavramı ile iktisadi büyüme ilişkisi, son yıllarda çok sayıda araştırmacının ve politika yapıcının dikkatini çekmekte ve konuyla ilgili birçok çalışma yapılmaktadır. Yolsuzluk ve iktisadi büyüme ilişkisi konusunda iki temel yaklaşım bulunmaktadır. Birinci yaklaşım, yolsuzlukların iktisadi büyüme üzerinde olumlu etkide bulunacağını savunan “Etkin Yağlama Hipotezi”dir. İkinci yaklaşım ise yolsuzlukların iktisadi büyümeyi olumsuz yönde etkileyeceğini ileri sürmektedir. Bu çalışmanın amacı ifade edilen yaklaşımlardan yola çıkarak 1995-2012 dönemi için, OECD ve AB ülkelerinde yolsuzluk ve iktisadi büyüme ilişkisinin Panel Sınır Testi Analizi PARDL yardımıyla incelenmesidir.Sınır testi sonucuna göre değişkenler arasında eş-bütünleşme ilişkisi bulunmuştur. Seriler arasındaki uzun ve kısa dönem ilişkileri belirlenmiş ve analiz sonucunda, uzun dönemde yolsuzluk endeksi değişkenine ait katsayının pozitif ve istatistiki bakımdan anlamlı olduğu tespit edilmiştir. Hata düzeltme modeli sonuçları kısa dönemde ortaya çıkabilecek dengesizliklerin yaklaşık %98,4’ünün uzun dönemde düzeltileceğini ortaya koymaktadır

THE RELATIONSHIP BETWEEN CORRUPTION AND ECONOMIC GROWTH: A BOUNDARY PANEL TEST ANALYSIS ON OECD AND EU COUNTRIES

The relationship between the concept of corruption which leads to economic, political and social problems in developed countries as in many other countries and economic growth has recently drawn the attention of numerous researchers and policy makers and thus, a great number of studies have been conducted on this subject. There are two main approaches to the relationship between corruption and economic growth. The first approach is called as “Effective Lubrication Hypothesis” in which the basic argument is that corruption would have a positive impact on the economic growth. The second approach suggests that corrupt activities affect economic growth negatively. The objective of this study is to investigate the relationship between corruption and economic growth in the OECD and EU countries for the period of 1995-2012 with the help of Panel Bounds Test Analysis PARDL . According to the bound test results, there is co-integration relationship between the variables. Long-term and short-term relationships between the series were determined and the analysis indicated that the coefficient of the corruption index in the long run was positive and statistically significant. Results of the error correction model suggest that about 98.4% of the imbalances that may arise in the short term can be corrected in the long term

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