This paper discovers the link between corruption and general government deficits in European countries. A short review of concepts such as agency theory and principal-agent problem is made. After introducing a simple model of corruption-deficit relationship, the correlation is tested by regression analysis for years 2003-2009. Besides the year 2008 (the first year of financial crisis) are the results significant on the 5% confidence level. The regression of means is significant on 1% confidence level. The deficits are statistical significantly correlated with the level of perceived corruption.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:75050 |
| Date | January 2010 |
| Creators | Michálek, Jan |
| Contributors | Mičúch, Marek, Kubíček, Jan |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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