Corruption defined as the misuse of public power for personal gains is a forefront issue around the world, especially in developing countries. This paper mainly assumes that corruption has negative effects on government revenues both in the short-run and the long-run. In order to test this...

The aim of this study is to investigate the impacts of corruption on government revenues. It is mainly assumed that corruption decreases government revenues through lowering the tax revenues. We develop hypotheses that high corruption is associated low GBR, TR, and ITR, but not with ITR. In...