Divining the level of corruption: A Bayesian state-space approach
Samuel Standaert
Journal of Comparative Economics, 2015, vol. 43, issue 3, 782-803
Abstract:
This paper outlines a new methodological framework for combining indicators of corruption. The state-space framework extends the methodology of the Worldwide Governance Indicators (WGI) to fully make use of the time-structure present in corruption data. It is estimated using a Bayesian Gibbs sampler algorithm.
Keywords: Corruption perception; State-space model; Bayesian econometrics; Worldwide Governance Indicators (search for similar items in EconPapers)
JEL-codes: C43 O17 O57 P16 P26 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (36)
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http://www.sciencedirect.com/science/article/pii/S0147596714000584
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Working Paper: Divining the Level of Corruption. A Bayesian State-Space Approach (2013) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jcecon:v:43:y:2015:i:3:p:782-803
DOI: 10.1016/j.jce.2014.05.007
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