The Shadow Economy and Corruption in ECO Countries
Authors : Omer Gokcekus, Elşen Bağirzade, Daniel Scribner
Pages : 179-190
Doi:10.17233/sosyoekonomi.2023.04.09
View : 263 | Download : 172
Publication Date : 2023-10-26
Article Type : Research
Abstract :This study examines the shadow economy and corruption relationship throughout seven Economic Cooperation Organization (ECO) countries. Utilising shadow economy data provided by Medina and Schneider (2017; 2019) and Transparency International\'s corruption perception indicator between 2000-2017, regression analysis suggests that there is a statistically significant relationship between corruption and shadow economy, and additionally, that Soviet heritage plays a role in the determination of this relationship. Results show that for post-Soviet ECO nations, the relationship is complimentary, while for ‘Other’ ECO nations, the relationship is substitutive.Keywords : Kayıt Dışı Ekonomi, Yolsuzluk, ECO Ülkeleri, Eski Sovyet Ülkeleri, Türk Ülkeleri