Fazekas, M. & Márk, L. (2017). Objective corruption risk indicators using donor project and contract data. GTI-R/2017:02, Budapest, Government Transparency Institute, September 2017.
To validate our red flags we use macro level perception-based indicators and test if these move together with the country-level averages of our red flags. We also try to find testable micro level relationships either on contract- or project-level data and check if different red flags are consistent with each other. The three donors largely differ in the range of available variables and red flags. World Bank data is the richest, while we have much more limited opportunities in case of IDB and EuropeAid.