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

Detalhes bibliográficos
Autor(a) principal: Peixoto, Paulo
Data de Publicação: 2022
Outros Autores: Martinho, Vítor, Mourao, Paulo
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.19/7454
Resumo: 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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spelling Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Eggcorruptioninflationproduction price levelspanel cointegrationCorruption 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.MDPIRepositório Científico do Instituto Politécnico de ViseuPeixoto, PauloMartinho, VítorMourao, Paulo2022-12-20T10:33:59Z20222022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.19/7454eng10.3390/economies10110268metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-01-16T15:29:36Zoai:repositorio.ipv.pt:10400.19/7454Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:45:11.175846Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
title Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
spellingShingle Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
Peixoto, Paulo
corruption
inflation
production price levels
panel cointegration
title_short Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
title_full Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
title_fullStr Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
title_full_unstemmed Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
title_sort Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg
author Peixoto, Paulo
author_facet Peixoto, Paulo
Martinho, Vítor
Mourao, Paulo
author_role author
author2 Martinho, Vítor
Mourao, Paulo
author2_role author
author
dc.contributor.none.fl_str_mv Repositório Científico do Instituto Politécnico de Viseu
dc.contributor.author.fl_str_mv Peixoto, Paulo
Martinho, Vítor
Mourao, Paulo
dc.subject.por.fl_str_mv corruption
inflation
production price levels
panel cointegration
topic corruption
inflation
production price levels
panel cointegration
description 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.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-20T10:33:59Z
2022
2022-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.19/7454
url http://hdl.handle.net/10400.19/7454
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.3390/economies10110268
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eu_rights_str_mv openAccess
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publisher.none.fl_str_mv MDPI
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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