TITLE:
Corruption Perception Index (CPI) in European countries: Monitoring with GIS
AUTHORS:
Papageorgiou Christos, Dermatis Zacharias, Komninos Dimitrios, Anastasiou Athanasios
KEYWORDS:
Corruption, GDP Per Capita, Economic Growth, European Countries, GIS, Per Capita GDP Growth Rate
JOURNAL NAME:
Theoretical Economics Letters,
Vol.14 No.1,
February
29,
2024
ABSTRACT: This
paper examines the relationship between corruption and economic growth in
European countries, taking into account that corruption is considered as a
political, economic, cultural and moral problem. Specifically, this paper will
focus on countries of the Eurozone, the European Union, the European Economic
Area and the Central and Eastern European countries, including Turkey and
Kazakhstan, over
the period from 2005 to 2021. Our ultimate goal is to understand how corruption
affects economic development by tracking the GDP per capita and the values of
measured corruption and also how changes in GDP growth rates are affected by
corruption changes. In addition to graphs, the survey provides numerical
results displayed in charts using
Geographical Information System (GIS). Our survey shows that all European
countries with high GDP per capita tend to have low corruption values, with the
exception of the
countries in
Central and Eastern Europe, including Turkey and Kazakhstan. The survey also
shows that higher GDP per capita growth rates are correlated linearly with the
reduction of the corruption levels in all categories of almost all European
countries, with the exception the Central and Eastern European countries,
including Turkey and Kazakhstan.