This paper empirically investigates the relationship between corruption and the emigration of those with high, medium … and low levels of educational attainment. The empirical results indicate that as corruption increases the emigration rate … levels of educational attainment, however, increases at initial levels of corruption and then decreases beyond a certain …

negative impact on official GDP growth, however, a positive impact of corruption on the size of the shadow economy can be found …, i.e. the bigger the corruption, the larger is the shadow economy. …

The relationship between corruption and the shadow economy is not clear. Theoretically, they either substitute or … with two latent variables – extracts information on various dimensions of corruption and the shadow economy to contribute … and corruption. The results show that the shadow economy influences corruption more than corruption influences the shadow …

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …

corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to …

We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …

entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of … extent of corruption. A cluster of institutional indicators representing 'market freedom' is only significant in some … specifications. Freedom from corruption is significantly related to entrepreneurial entry, especially when the richest countries are …

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. …