Is there a "consensus" towards transparency international's corruption perceptions index?
Author(s)
Saha, Shrabani
Gounder, Rukmani
Su, Jen-Je
Griffith University Author(s)
Year published
2012
Metadata
Show full item recordAbstract
Given the clandestine nature, corruption is intrinsically a complex phenomenon and hard to measure. This paper examines whether Transparency International's corruption perception index converges towards consensus over time? Furthermore, we estimate the speed of adjustment towards general agreement. The results indicate differences in the degree of concordance, i.e. high level of agreement for the mostly clean and most-corrupt countries but disagreement remains high for the medium corrupt countries. The speed of converge is high for the most-corrupt and mostly clean countries and a decline for the medium corrupt countries.Given the clandestine nature, corruption is intrinsically a complex phenomenon and hard to measure. This paper examines whether Transparency International's corruption perception index converges towards consensus over time? Furthermore, we estimate the speed of adjustment towards general agreement. The results indicate differences in the degree of concordance, i.e. high level of agreement for the mostly clean and most-corrupt countries but disagreement remains high for the medium corrupt countries. The speed of converge is high for the most-corrupt and mostly clean countries and a decline for the medium corrupt countries.
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Journal Title
International Journal of Business Studies
Volume
20
Issue
1
Publisher URI
Subject
Applied Economics not elsewhere classified
Business and Management