the incidence of corruption. We first present an interaction-based model on corruption that predicts that the level of … corruption is positively associated with social interaction. Then we empirically verify the theoretical prediction using within … a statistically significantly positive effect on the corruption rate in China. Our findings, therefore, underscore the …

The topic of corruption has recently attracted a great deal of attention, yet there is still a lack of micro level … empirical evidence regarding the determinants of corruption. Furthermore, the present literature has not investigated the … effects of political interest on corruption despite the interesting potential of this link. We address these deficiencies by …

in former European colonies. Where European colonizers settled, they replicated the investment-conducive institutions … the formation of institutions. We find the presence of precious metals, gold and silver, to imply an increase in …

I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions …

to contribute also an adequate share to the community. In such a situation trustworthiness of a government and trust in a … government is high. This paper provides empirical evidence that trust is crucial for fiscal performance using data for the full … sample of Swiss cantons over the 1981-2001 period. In cantons with high levels of trust, the level of indebtedness is …

With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …

In this study we explore in detail the causes of corruption in China using two different sets of data at the regional … level (provinces and cities). We observe that regions with more anti-corruption efforts, histories of British rule, higher … heterogeneity, regulation, abundance of resource and state-owned enterprises substantially breed regional corruption. Moreover …

Both theoretical and empirical studies have shown that democracy and corruption have substantial influence on … environmental policy. In this paper, we empirically analyse whether both democracy and corruption are equally important determinants …. When these variables are jointly included as explanatory variables, we find that corruption stands out as an important …

Some researchers claim that diverse populations lead to less trust. Generalized trust is a core value that leads to … less corruption, more social welfare and education spending, more open markets, and better functioning government …. Generalized trust fundamentally rests upon a foundation of respect for diversity, but at the same time arguing that societies have …