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:: Volume 13, Issue 55 (Winter 1396 2018) ::
QEER 2018, 13(55): 107-132 Back to browse issues page
Control of natural resource rents efficiency on corruption by good governance indexes
Ali Reza Naseri 1, Sajjad Faraji Dizaji , Hamid Reza Poursalimi
1- , nasseri@modares.ac.ir
Abstract:   (1112 Views)

In this study, a game-theoretic model is designed according to the corruption index as the main channel for rent-seeking of natural resources and good governance index as a anticorruption by Sambit Bhattacharyya and Roland Hodler's approach. According to this model, we use data of corruption index, good governance index and resource rent and per capita income. We use panel data covering the period 2000–2014 and 50 countries to test this theoretical prediction. The model has been tested twice more by governance effectiveness index and regulatory burden index  instead of good governance index again. Our estimates confirm that the relationship between resource rents and corruption depends on the quality of the good governance indexs. In such a way as to meet a minimum level of this index, resource rent's corruption can be  controlled. Our main results hold when we control  the effects of time varying common shocks, regional fixed effects and various additional covariates.

Keywords: good governance, corruption, resource rent, governance effectiveness, regulatory burden, game theoretic model, panel data
Full-Text [PDF 371 kb]   (779 Downloads)    
Type of Study: paper | Subject: Energy Economic
Received: 2016/11/5 | Accepted: 2017/09/5 | Published: 2018/03/19
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Naseri A R, Faraji Dizaji S, Poursalimi H R. Control of natural resource rents efficiency on corruption by good governance indexes . QEER. 2018; 13 (55) :107-132
URL: http://iiesj.ir/article-1-776-en.html

Volume 13, Issue 55 (Winter 1396 2018) Back to browse issues page
فصلنامه مطالعات اقتصاد انرژی Quarterly Energy Economics Review
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