Faría, Hugo J.; Montesinos-Yufa, Hugo M.; Morales, … - In: Applied Economics 45 (2013) 1, pp. 65-83
In this research we attempt to understand the effects of corruption on business regulations measured by number of procedures, time and costs involved in satisfying governmental requisites. Using Two-Stage-Least Squares (2SLS) methods we lessen the problems associated with endogeneity and...