Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg

被引：0
作者：
Peixoto, Paulo [1 ]
Pereira Domingues Martinho, Vitor Joao [2 ,3 ]
Mourao, Paulo [4 ,5 ]
机构：
[1] Univ Vigo, Fac Econ & Bussines, Dept Econ, Vigo 36310, Spain
[2] Polytech Inst Viseu IPV, Agr Sch ESAV, P-3504510 Viseu, Portugal
[3] Polytech Inst Viseu IPV, CERNAS IPV Res Ctr, P-3504510 Viseu, Portugal
[4] Univ Minho, Econ & Management Sch, Dept Econ, P-4710057 Braga, Portugal
[5] Univ Minho, Econ & Management Sch, NIPE, P-4710057 Braga, Portugal
来源：
ECONOMIES | 2022年 / 10卷 / 11期
关键词：
corruption; inflation; production price levels; panel cointegration; UNIT-ROOT TESTS; PANEL-DATA; INTERNATIONAL INDEXES; ECONOMIC-GROWTH; COINTEGRATION; INEQUALITY; GOVERNANCE; AFRICA;
D O I：
10.3390/economies10110268
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Corruption and inflation are two economic problems with serious social consequences. This paper analyzes the link between these two problems, focusing on the case of 19 prices observed for agricultural products in 90 countries since 2000. Using 'panel data cointegration' techniques, we conclude that, in most cases, there is a long-term relationship between inflation and corruption. The direction of causality favors the hypothesis that the inflation of agricultural products promotes incentives that lead to an increase in corruption levels. These results have important implications in terms of fighting corruption, giving special attention to controlling inefficiencies in agricultural markets that lead to higher prices that are then tapped into corruption mechanisms.
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页数：33
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