2011•DergiPark (Istanbul University)Requires access

The Relationship Between Corruption And Public Investment: The Case Of Turkey

Arş. Gör. Dr. Ünal Arslan, Yrd. Doç. Dr. Yıldız Sağlam

Abstract

This study examines the relationship between corruption and public investment in Turkey for the annual sample period between 1975 2007 using Johansen 1988 and Johansen and Juselius 1990 cointegration analysis The results of cointegration analysis provide an evidence of a long run relationship between corruption and public investment On the other side it is concluded that corruption effects public investment positively in Turkey Keywords: Public Investment Corruption Cointegration

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Key concepts: Cointegration, Language change, Investment (military), Economics, Public investment, Sample (material), Monetary economics, Macroeconomics