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The Correlation and Linear Regression Analysis between Annual GDP Growth Rate and Money Laundering in Albania during the Period 2007-2011*
University “Pavaresia” in Vlora, Vlora, Albania
University of New York in Tirana, Tirana, Albania
- 1 University “Pavaresia” in Vlora, Vlora, Albania
- 2 University of New York in Tirana, Tirana, Albania
American Journal of Computational Mathematics·Volume 03 (2013)·Pages 326–336·Published 21 November 2013·DOI10.4236/ajcm.2013.34042
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Abstract
This study is the first attempt to investigate the relationship between the annual GDP growth rate and money laundering in the Republic of Albania during the period 2007-2011. The main result of the study: there is a negative correlation between money laundering process and economic growth rate in Albania during the specified period; there is a negative correlation between money laundering and import, but there is a positive correlation between money laundering and the government expenditure, as well a positive correlation between money laundering and export.
KeywordsIllicit MoneyMoney LaunderingGDP Growth RateLinear RegressionIllicit MoneyMoney LaunderingGDP Growth RateLinear Regression
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