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Contribution to Book
Corruption, Economic Development and Insecurity in Colombia: Evidence from Data Envelopment Analysis (DEA) and Dynamic Panel Data Model (DPDM)
Strategic Performance Management and Measurement Using Data Envelopment Analysis (2014)
  • Alexander Cotte Poveda
Abstract
This research evaluates the connection between corruption, economic development and insecurity in several Colombian departments. This study explores the dynamics of these variables using two empirical techniques: the data envelopment analysis (DEA) and the dynamic panel data model (DPDM). DEA is performed to evaluate social performance in terms of corruption, economic development and insecurity in Colombian departments with a higher level and risk of corruption and insecurity. Dynamic panel data analysis is performed to define the variables that affect corruption, insecurity and economic development. The DEA model evidences that corruption and insecurity have different trends where economic development, natural resources and political instability are key factors. Dynamic panel data model applied show that Colombian departments with a higher level and risk of corruption and insecurity have lower economic growth, development and social conditions but higher levels of mineral resources and ilegal drug activity, as well as the presence of irregular armed groups.
Keywords
  • Corruption,
  • Economic Development,
  • Data Envelopment Analysis,
  • Dynamic Panel Data
Publication Date
Spring March 20, 2014
Editor
Ibrahim Osman, Abdel L. Anouze and Ali Emrouznejad
Publisher
IGI Global Publisher
Series
1
ISBN
9781466644748
Citation Information
Cotte Poveda Alexander. "Corruption, Economic Development and Insecurity in Colombia: Evidence from Data Envelopment Analysis (DEA) and Dynamic Panel Data Model (DPDM)" Strategic Performance Management and Measurement Using Data Envelopment Analysis (1 ed). Ed. Ibrahim Osman, Abdel L. Anouze and Ali Emrouznejad. New York: IGI Global Publisher, 2014. 200-220.