Do oil exports increase the perception of corruption?
Date
2007-10
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Southern New Hampshire University
Abstract
Many authors have written about the "resource curse" where countries with large abundance of mineral resources have a consistent pattern of slow growing economies. Through the use of a logistic regression, that employs corruption perception index, economic freedom index, gross domestic product per capita, unemployment and oil exports; this paper finds that there is not causal relationship between country's oil exports and the corruption perception. Nevertheless, other factors used in the model such as the economic freedom and level of development show a strong correlation with the country's corruption perception.
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Conference Paper