Baltic Region Outlook (BRO) - a weekly economic bulletin in English language. In this week’s Baltic Region Outlook (BRO) edition - Lithuania.
Main news topics:
- US Q4 GDP +1.9, UK Q4 GDP +0.6
- U.S. President pulls out of TPP
- Brexit needs parliament’s approval
- Heating up housing market in Lithuania
BRO: Economic Insights
Transparency International released its yearly Corruption Perceptions Index (CPI). Estonia scored highest with CPI of 70 and ranked 22nd , Lithuania scored 59 points and ranked 38th , while Latvia achieved only 57 points and ranked 44th . Poland reached 62 points and ranked 29th. I used a simple linear regression to estimates the results of one CPI point gain on GDP/capita in PPP. The estimated model suggests, that 1 point increase in CPI increases the GDP/capita in PPP by 4.6 %.
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