چكيده به لاتين
Abstract:
Economic corruption phenomenon have attracted significant attentions of governments and international community, in recent years. Extended studies shows that economic corruption has affects the economic development of developing countries. Institutional factors especially fine governance factor, are some of the factors that are related to economical corruption. The purpose of this study is investigation of the effect of institutional factors on corruption control index with focus on good governance factor characterized by World Bank. Investigated indices involve advice applying right and responsiveness, political stability, legislation quality, law government and government effectiveness indices. Based on assumption and literature of research, it can be concluded that improvement of good governance indices causes improvement in corruption control index. In the research, this relation has investigated for 25 developing countries with different level of economic corruption in time period 2002-2014 based on panel data economic analysis. The results show that all good governance indices have positive effect on corruption control. The applying right and responsiveness index with factor of 0.62 have the most effect and then law government, legislation quality, government effectiveness and political stability are the most effective indices respectively. However results show that political stability have not a noticeable effect but corruption control index have a positive effect on other governance indices improvement. Among these indices the political stability with factor of 0.54 is influenced more by corruption control index. Then legislation quality, law government, government effectiveness, and applying right and responsiveness indices are more influenced respectively.
Keywords: Corruption, Institutional factors, good governance factor
