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We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes its private benefits using two activities. The first one consists of providing local public goods that help local firms to increase profits, thus enlarging tax revenue. The second...
Persistent link: https://www.econbiz.de/10005765947
The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … that corruption is beneficial in highly regulated economies. At the maximum level of regulation among our sample of …
Persistent link: https://www.econbiz.de/10005181356
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. …
Persistent link: https://www.econbiz.de/10005406312
Corporation (MCC) was successful in promoting better control of corruption. We employ a difference … corruption over time. …
Persistent link: https://www.econbiz.de/10009020789