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Increasing penalty structures for repeat offenses are ubiquitous in penal codes, despite little empirical or theoretical support. Multi-period models of criminal enforcement based on the standard economic approach of Becker (1968) generally find that the optimal penalty structure is either flat...
Persistent link: https://www.econbiz.de/10011272717
proposal to legalize paying bribes while increasing fines on accepting bribes. We explore performance as regards corruption … enforcement agencies, and discuss the relevance for fighting other forms of corruption. …
Persistent link: https://www.econbiz.de/10011083969
in corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and corruption … organized crime to corruption, and ensuing impunity leads to higher rather than lower crime. …
Persistent link: https://www.econbiz.de/10005788890
We study the emergence and interaction of red tape and corruption in a principal-bureaucrat-agent hierarchy. The … the social optimum if the bureaucrat in charge of red tape is corrupt. We consider two types of corruption. First, the … bribes to conceal the information produced through red tape. The former kind of corruption tends to reduce red tape, while …
Persistent link: https://www.econbiz.de/10005123811
enforcers - on sequential, bilateral, illegal transactions such as corruption, manager-auditor collusion, or drug deals. It is …
Persistent link: https://www.econbiz.de/10005124229
model, measure and investigate this process empirically. This paper tries to fill this gap by putting forward theory and …
Persistent link: https://www.econbiz.de/10005504218
and decreasing in officials' corruption. In contrast to the "tollbooth view" of regulation, the standard chosen by a self …-interested government is a non-monotonic function of officials' corruption, and can be either lower or higher than that chosen by a …-capita income, and negatively with corruption, consistently with the model's predictions for benevolent governments …
Persistent link: https://www.econbiz.de/10005504469
available theoretical explanations of causal relationships between globalization and governance. Microeconomic theory helps us …’s corruption levels. Examining a large sample of countries covering a 20-year long period, we found robust empirical support for … the fact that increases in import openness do indeed cause reductions in corruption, a crucial aspect of governance. The …
Persistent link: https://www.econbiz.de/10005114501
The political economy of resource rich countries is surveyed. The empirical evidence suggests that countries with a large share of primary exports in GNP have bad growth records and high inequality, especially if the quality of institutions and the rule of law are bad. The economic argument that...
Persistent link: https://www.econbiz.de/10005661592
This paper investigates the effect of corruption on competition in government procurement auctions. Our assumption is … corruption is to facilitate collusion in price between firms. This can result in high public spending and inefficient allocation … which unilateral anti-corruption controls may restore price competition. …
Persistent link: https://www.econbiz.de/10005662229