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test this hypothesis on a dataset of Italian provinces, and address the possible endogeneity of corruption by applying an … social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We … IV model. We use three sets of historical instruments for corruption: 1) foreign dominations in 16th-17th century, 2 …
Persistent link: https://www.econbiz.de/10010641421
Firms may evade taxes on profits and can also avoid fulfilling legal restrictions on production activities by bribing … bureaucrats. It is shown that the existence of tax evasion does not affect corruption activities at the firm level, while the … budgetary repercussions of tax evasion induce less corruption. Policy measures which alter the gains or losses from corruption …
Persistent link: https://www.econbiz.de/10005196227
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize...
Persistent link: https://www.econbiz.de/10009224870
Research has shown that birthweight has a lasting impact on later-life outcomes such as educational attainment and earnings. This paper examines the role of health at birth in determining academic achievement in childhood, which may provide the link between birthweight and adult outcomes. Using...
Persistent link: https://www.econbiz.de/10010765494
Measurement error causes a downward bias when estimating a panel data linear regression model. The panel data context offers various opportunities to derive moment conditions that result in consistent GMM estimators. We consider three sources of moment conditions: (i) restrictions on the...
Persistent link: https://www.econbiz.de/10011122680
The performance in finite samples is examined of inference obtained by variants of the Arellano-Bond and the Blundell-Bond GMM estimation techniques for single dynamic panel data models with possibly endogenous regressors and cross-sectional heteroskedasticity. By simulation the effects are...
Persistent link: https://www.econbiz.de/10011124891
distribution. Entrepreneurs strongly affect firm growth patterns of both very young firms and for firms that have begun to mature …. We do not find significant differences between small and larger firms, family and non-family firms, nor between firms …
Persistent link: https://www.econbiz.de/10010607007
party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without …
Persistent link: https://www.econbiz.de/10010877662
This paper analyzes the impact of migration on destination-country corruption levels. Capitalizing on a comprehensive … explore different channels through which corruption might migrate. We employ different estimation methods using Fixed Effects … (FE) and Tobit regressions in order to validate our findings. Moreover, we also address the issue of endogeneity by using …
Persistent link: https://www.econbiz.de/10010948881
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