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The causes and consequences of corruption have attracted much attention in recent years by both academics and policy … makers. Central in the discussion on the impact of corruption are perception-based indices. While informative, these indices … are ordinal in nature and hence provide no indication of how much economic loss is attributed to corruption. Arguably …
Persistent link: https://www.econbiz.de/10005125948
This paper deals with the Tanzi method for the estimation of underground economy. The approach is discussed and modified. Refinements on the variables and on the econometric technique are proposed. The “adjusted” Tanzi method is then used to estimate the shadow economy in Italy along...
Persistent link: https://www.econbiz.de/10005125933
It is widely acknowledged that underground (unrecorded) economic activities play a major role in transition economies. Evaluations of the success and failure of the transition experience should therefore be based on total economic activity [TEA], namely, the sum of recorded and unrecorded...
Persistent link: https://www.econbiz.de/10005561275
A taxonomy of underground economies is elaborated based on the new institutional approach to economic development. Members of formal sectors confront different sets of transformation and transaction costs than do members of informal sectors and these differences are regarded as crucial to the...
Persistent link: https://www.econbiz.de/10005118816
illustrate the interrelationships between natural resources, corruption and economic growth in Nigeria. We proposed anti-corruption …
Persistent link: https://www.econbiz.de/10005076578
corruption on the one hand, and growth and investment on the other, and it highlights the costs to economies where the state is …
Persistent link: https://www.econbiz.de/10005077053
grounds. The first is that they prevent corruption, the second is that they democratize the financing of campaigns by …
Persistent link: https://www.econbiz.de/10005125869
traditional anticorruption measures such as the increase in corruption costs or the organization of public education campaigns … would not permanently reduce corruption levels if poverty remains diffused. Using an overlapping generation model based on a … mechanism of cultural transmission, we study the evolution both of social attidudes towards bureaucratic corruption and the …
Persistent link: https://www.econbiz.de/10005125941
corruption. It shows that an improvement in institutional quality reduces the shadow economy and affects the corruption market …. The exact relationship between corruption and institutional quality is, however, ambiguous and depends on the relative … effectiveness of the institutional quality in the shadow and corruption markets. The predictions of the model are empirically tested …
Persistent link: https://www.econbiz.de/10005125947
Corruption scandals seem to abound in countries that have recently undergone reform. Despite the proliferation of …—actually causes an increase in corruption. Theory provides no guidance as to the direction of causality—on the one hand, reforms make … politicians accountable to voters, as well as introduce more competition, which should decrease corruption. On the other hand, the …
Persistent link: https://www.econbiz.de/10005125949