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Assessing the Political and Socio-Economic Impact of Corruption among Nations
Abstract
This research combined three distinctly unique and separate measures of corruption into one corruption factor, so as to yield a robust measurement approach to further understand the political and socioeconomic variables of corruption. The findings show that a strong significant variable in measuring corruption is the personal marginal-tax rate, especially in hierarchical based nations. The higher the tax rate is, the less corrupt the nation is. The authors found that hierarchical nations' public-sector employees place more emphasis on sociological determinants and tax rate contributions as factors contributing toward corruption.
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