THE INVESTIGATION OF RELATIONSHIP BETWEEN CORRUPTION PERCEPTION INDEX AND GDP IN THE CASE OF THE BALKANS

Year 2020, Volume: 16 Issue: 4, 910 - 923, 31.12.2020

İbrahim Emre Göktürk Hüseyin Serdar Yalçınkaya

https://doi.org/10.17130/ijmeb.853535

Abstract

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.

Keywords

Balkan States, Corruption Perception Index, GDP

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