• Journal of Digital Convergence
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• v.17 no.12
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• pp.35-44
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• 2019

This study analyzes the relationship between OECD DAC aid and recipients' corruption based on the good governance discussion. The study applies a fixed-effect model and PCSE model with a dataset of 43 African countries' corruption perception index, World Bank data, Polity IV, and OECD DAC aid statistics between 2000 and 2014. A statistical analysis confirmed that OECD DAC aid has a negative impact on corruption in African countries. DAC's aid affects negatively to corruption in African countries, especially in countries where democracy has matured. This research suggests that a more comprehensive follow-up study of the OECD DAC's good governance-oriented aid. Simultaneously, the general democratic effect on the recipients' institutions could not be applied in African countries, when considering regional peculiarities.

• Korean Journal of Social Welfare Studies
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• v.42 no.3
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• pp.207-231
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• 2011

The purpose of this study is to investigate the effect of the intergovernment relationship on the local government's social welfare expenditure. The data of 230 local governments from 2003 to 2008 were analyzed with the PCSE(Panel Corrected Standard Errors) Model of Beck and Kats. The results were as follow. First, financial transfer from the higher governments increase the social welfare expenditure of the local governments. Second, the party structure, that is the political relationships among local, regional, and central governments, affect the social welfare expenditure of the local governments. Third, the local governments compete each other to expand the social welfare expenditure in Korea. These results suggest that the relationship of local governments with the higher ones as well as the community factors is important in Korea, where the centralization is still strong in the local autonomy system, to understand the development of social welfare.

• Management & Information Systems Review
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• v.33 no.3
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• pp.21-33
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• 2014

This study investigated the effect of protection of property right on foreign direct investment. With the US. multinational corporations over the periods from 2000 to 2008, this study used the FEM and system GMM, and found that the change of protection of property right level positively affects attracting foreign direct investment while protection of property right level itself does not. In the analyses on high income and low income countries(by income level), only the change of protection of property right level positively affects attracting foreign direct investment in low income countries. In considering the problem of heteroscedasticity on the error term, this study used FGLS and PCSE estimation methods. It is reported that the change of protection of property right level positively affects attracting foreign direct investment while protection of property right level itself does not. And only the change of protection of property right level positively affects attracting foreign direct investment in low income countries. This result means the change of protection of property right level is a key determinant to attract foreign direct investment.