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We examine the effect of corruption on foreign direct investments. Our model shows that corruption may have different … market. Using Swedish firm-level data, we find that affiliate local sales decrease with corruption, while affiliate exports … increase. Finally, corruption has a negative effect on the probability that a foreign firm will invest in a country. These …
Persistent link: https://www.econbiz.de/10005645332
In this paper, we use data from a corruption survey conducted among top politicians and high level civil servants in … 290 Swedish municipalities in 2007 to investigate the effects of government size on corruption. We construct several … measures of corruption based on the survey, and combine these corruption measures with detailed administrative municipality …
Persistent link: https://www.econbiz.de/10010818420
and engage in local corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and … corruption detection highly probable, we show that increasing policing or sanctions effectively deters crime. However, when … punishment induce organized crime to corruption, and ensuing impunity leads too higher rather than lower crime. …
Persistent link: https://www.econbiz.de/10005419529
several other forms of crimes that share cartels’ strategic features, including corruption and financial fraud. …
Persistent link: https://www.econbiz.de/10008802525
What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...
Persistent link: https://www.econbiz.de/10004963484
While previous research documents a negative relationship between government size and economic growth, suggesting an economic cost of big government, a given government size generally affects growth differently in different countries. As a possible explanation of this differential effect, we...
Persistent link: https://www.econbiz.de/10010945001
The goal of this paper is twofold: First, to develop an estimable model of legislative politics in the US Congress, second, to provide a greater understanding of the objectives behind the New Deal. In the theoretical model, the distribution of federal funds across regions of the country is the...
Persistent link: https://www.econbiz.de/10005207057
There are several theoretical accounts of public sector outsourcing. We note that leading theories give different predictions of the influence of political variables and test the predictions on a Swedish data set in which outsourcing varies between municipalities and over time as well as between...
Persistent link: https://www.econbiz.de/10009251245
In this paper we present survey evidence suggesting that there exists a sizeable fiscal illusion amongst the general public in Sweden. Respondents in a nation-wide and representative survey systematically underestimate the share of an ordinary worker’s income that is transferred to the public...
Persistent link: https://www.econbiz.de/10008494013
Political and legal institutions affect the extent to which the real exchange rates of oil-exporting countries co-move with the oil price. In a simple theoretical model, strong institutions insulate real exchange rates from oil price volatility by generating a smooth pattern of fiscal spending...
Persistent link: https://www.econbiz.de/10008479234