| Title |
Modeling corruption and shadow economy via sem / |
| Translation of Title |
Korupcijos ir šešėlinės ekonomikos modeliavimas taikant struktūrinių lygčių modelius. |
| Authors |
Maksimavičiūtė, Giedrė |
| Full Text |
|
| Pages |
36 |
| Keywords [eng] |
Korupcija, Šešėlinė Ekonomika, SEM, MIMIC / Corruption, Shadow Economy, SEM, MIMIC |
| Abstract [eng] |
The main new idea of the present work is that the Corruption Index is not equivalent to corruption itself. Moreover, the Corruption Index has a slight biasedness due to certain subjectivity of its construction. Since corruption cannot be measured directly in this work it is modeled as some latent variable. The Corruption Index is used just like one of the indicators of corruption. The classical SEM, when the witness manifestation of corruption through various indicators proved insufficient for our purposes, therefore, SEM MIMIC containing various exogenous variables (possible sources for corruption) was constructed. Corruption is not equivalent to the Shadow Economy, but two are closely related. Therefore, a separate SEM model was constructed for the Shadow Economy. Finally, one joint MIMIC model for corruption and the Shadow Economy was obtained. One of the main problems related to data was variables with different frequency, but it was solved applying Denton - Chollete disaggregation. |
| Dissertation Institution |
Vilniaus universitetas. |
| Type |
Master thesis |
| Language |
English |
| Publication date |
2020 |
