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perception of corruption and prevalence of bribe paying. We find that: (a) measures of political influence and corruption …/or have fewer competitors have more political influence, perceive corruption to be less of a problem and pay bribes less often …
Persistent link: https://www.econbiz.de/10009144880
We empirically investigate whether the persistence of politicians in political institutions affects the innovation activity of firms. We use 12,000 firm-level observations from three waves of the Italian Observatory over Small and Medium Enterprises, and introduce a measure of political...
Persistent link: https://www.econbiz.de/10008853864
this note we propose an alternative, but closely related measure of conservatism - regressing the changes in earnings on …
Persistent link: https://www.econbiz.de/10008533980
We examine whether a corruption scandal in which the incumbent is implicated undermines trust in local government. We … use a novel dataset containing information on local corruption scandals reported in Spain during the period 1999-2009, and … methods to improve the identification of the effect of corruption scandals on trust, comparing municipalities affected by a …
Persistent link: https://www.econbiz.de/10010877719
corruption where the judicial system is independent, this relationship has more ambiguous effects where the legal system is weak … and susceptible to politicization. These effects remain after controlling for standard determinants of corruption. …
Persistent link: https://www.econbiz.de/10010877744
The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption. …
Persistent link: https://www.econbiz.de/10005013051
We examine the effect of the interaction between resource rents and democracy on corruption for a panel of 29 Sub …-Saharan countries during the period from 1985 to 2007. We find that higher resource rents lead to more corruption and that the effect is … suggest that the mechanisms through which resource rents affect corruption cannot be separated from political systems. …
Persistent link: https://www.econbiz.de/10009294093
in US states may indeed reduce corruption levels among elected representatives. …
Persistent link: https://www.econbiz.de/10004979403
In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …
Persistent link: https://www.econbiz.de/10005181428
To what extent does a tax credit affect firms’ R&D activity? What are the mechanisms? This paper examines the effect of R&D tax credits on firms’ R&D expenditure by exploiting the variation across firms in the changes in the eligible tax credit rate between 2000 and 2003. Estimating the...
Persistent link: https://www.econbiz.de/10010877675