Showing 1 - 10 of 24
We document evidence of corruption in Chinese state asset sales. These sales involved stakes in partially privatized firms, providing a benchmark - the price of publicly traded shares - to measure underpricing. Underpricing is correlated with deal attributes associated with misgovernance and...
Persistent link: https://www.econbiz.de/10010951345
Performance pay for tax collectors has the potential to raise revenues, but might come at a cost if taxpayers face undue pressure from collectors. We report the first large-scale field experiment on these issues, where we experimentally allocated 482 property tax units in Punjab, Pakistan into...
Persistent link: https://www.econbiz.de/10010951355
We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...
Persistent link: https://www.econbiz.de/10011271399
This paper uses a randomized field experiment to examine several approaches to reducing corruption. I measure missing expenditures in over 600 village road projects in Indonesia by having engineers independently estimate the prices and quantities of all inputs used in each road, and then...
Persistent link: https://www.econbiz.de/10005014914
Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world's most diverse ecosystems. The prevalence of illegal forest extraction in the tropics suggests that understanding the incentives of local bureaucrats and politicians who enforce...
Persistent link: https://www.econbiz.de/10009294894
We examine the labor supply of politicians using data on Members of the European Parliament (MEPs). We exploit the introduction of a law that equalized MEPs' salaries, which had previously differed by as much as a factor of ten. Doubling an MEP's salary increases the probability of running for...
Persistent link: https://www.econbiz.de/10009401239
standard economic incentive theory, but also that effects of anti-corruption policies often attenuate as officials find …
Persistent link: https://www.econbiz.de/10009278235
This paper examines the accuracy of beliefs about corruption, using data from Indonesian villages. Specifically, I compare villagers%u2019 stated beliefs about the likelihood of corruption in a road-building project in their village with a more objective measure of %u2018missing...
Persistent link: https://www.econbiz.de/10005710927
Corruption is believed to be a major factor impeding economic development, but the importance of legal enforcement versus cultural norms in controlling corruption is poorly understood. To disentangle these two factors, we exploit a natural experiment, the stationing of thousands of diplomats...
Persistent link: https://www.econbiz.de/10005720647
This paper tests whether the behavior of corrupt officials is consistent with standard industrial organization theory …
Persistent link: https://www.econbiz.de/10005580064