The Relationship Between Corruption and Income Inequality in U.S. states: Evidence From a Panel Cointegration and Error Correction Model

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The Relationship Between Corruption and Income Inequality in U.S. states: Evidence From a Panel Cointegration and Error Correction Model

We investigate the causality between corruption and income inequality within a multivariate framework using a panel data set of all 50 U.S. states over the period 1980 to 2004. The heterogeneous panel cointegration test by Pedroni (Oxf. Bull. Econ. Stat. 61:653–670, 1999; Econom. Theory 20:597–627,...

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Bibliographic Details
Main Authors:	Apergis, Nicholas, Dincer, O., Payne, J.
Format:	Journal Article
Published:	Springer New York LLC 2010
Subjects:	Panel unit root and cointegration tests Income inequality Granger-causality Corruption
Online Access:	http://hdl.handle.net/20.500.11937/18639

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