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Two types of political conflicts of interest pervade many of the world's societies. A horizontal conflict of interest arises when different constituencies support different policies, while a vertical conflict of interest emerges when those in charge of running the government acquire and retain...
Persistent link: https://www.econbiz.de/10012456815
arise when monitoring corruption is difficult relative to monitoring the provision of public services, and politically …-important groups of citizens do not bear the full cost of corruption. The existence of such systems can distort the effective incidence … of the tax burden, reduce the incentives of government to fight corruption, and legitimize bribe-taking …
Persistent link: https://www.econbiz.de/10014421219
Corruption is a widespread phenomenon in many developing and transitional economies. China is a country in profile both … in the prevalence of corruption, and in its attempts to root out corruption. The recent anti-corruption campaign in China …. It has had lasting impact on the functioning of the Chinese bureaucracy, and on the behavior of firms and consumers. It …
Persistent link: https://www.econbiz.de/10014287377
Using text from 200 million pages of 13,000 US local newspapers and machine learning methods, we construct a 170-year-long measure of economic sentiment at the country and state levels, that expands existing measures in both the time series (by more than a century) and the cross-section. Our...
Persistent link: https://www.econbiz.de/10014468226
transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption …
Persistent link: https://www.econbiz.de/10012463999
Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …
Persistent link: https://www.econbiz.de/10012467282
Many developing countries have suffered under the personal rule of kleptocrats', who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part,...
Persistent link: https://www.econbiz.de/10012468558
the internal organization of the U.S. federal bureaucracy over 1817-1905. First, we show a series of facts, describing how …
Persistent link: https://www.econbiz.de/10014337824
Screening requirements are common features of fraud and corruption mitigation efforts around the world. Yet imposing …
Persistent link: https://www.econbiz.de/10014322752
Structurally estimating the Grossman and Helpman (1994) model using coverage ratios that include non-tariff barriers leads to biased parameter estimates. We develop a "protection for sale" theoretical framework consistent with the data, by explicitly allowing for non-tariff barriers. Introducing...
Persistent link: https://www.econbiz.de/10012467416