One of the issues considered important by investors is the concept of security. Investors want
to continue their commercial activities in areas, where protection of rights, risks can be predicted, and
profitability is high. It is thought that in the regions, where these elements were determined, commercial
activities widen and they positively affect GDP of the invested country. Depending on this forecast,
the relationship between the annual data of Corruption Perception Index, prepared by Transparency
International, and the GDP data of the Balkan countries will be investigated.In this Study, panel causality
analysis of Balkan countries will be made by using the annual GDP, foreign direct investments, and
Corruption Perception Index data for 2008-2016 and the results obtained will be discussed.
Primary Language | English |
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Journal Section | Research Articles |
Authors | |
Publication Date | December 31, 2020 |
Submission Date | November 21, 2019 |
Acceptance Date | October 20, 2020 |
Published in Issue | Year 2020 |