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institutions. The characteristics of officials’ clients explain most of the variation for bribery rates, but none for bribe amounts … rates and amounts. The results indicate that the bribery rate is higher at institutions with bribe-prone clients, and that … reduce corruption. Overall, the judiciary and the police are by far the most corrupt institutions. …
Persistent link: https://www.econbiz.de/10005677513
different political approaches to reform shape the ability of societies to build new institutions for economic upgrading. The …-private institutions via adherence to two key principles: a) inclusion of a wide variety of relevant stakeholder groups and b) rules of …
Persistent link: https://www.econbiz.de/10005677722
We provide a theoretical framework for understanding when an official angles for a bribe, when a client pays, and the payoffs to the client’s decision. We test this frame work using a new data set on bribery of Peruvian public officials by households. The theory predicts that bribery is more...
Persistent link: https://www.econbiz.de/10005784704
What explains the varying responses by Thai governments to changes in the international economic environment over time. To answer this the paper emphasizes the link between the nature of the political structure/policymaking environment and the government’s reform capacity. Thailand’s...
Persistent link: https://www.econbiz.de/10005489902
This paper examines the role of liability for past environmental contamination in the privatization processes of Central and Eastern Europe. The theoretical section establishes a link between a risk-averse investor's amount of information regarding the extent of past environmental contamination...
Persistent link: https://www.econbiz.de/10005677611
This paper analyzes the effects of ownership structure on corporate environmental performance and examines the link from financial performance to environmental performance in a transition economy. In particular, it analyzes these ownership effects and this performance link using an unbalanced...
Persistent link: https://www.econbiz.de/10005489933
This paper investigates the consequences of imperfect and uneven factor market development for farm efficiency in rural China during transition. In particular, we estimate the extent to which an inverse relationship in farm productivity can be attributed to the administrative (instead of market)...
Persistent link: https://www.econbiz.de/10005677612
This paper considers the Russian privatization process through the end of voucher privatization and examines how its deviation from the competitive sale standard was likely to affect wealth inequality. While empirical evaluation is all but impossible due to the dearth of reliable data, it is...
Persistent link: https://www.econbiz.de/10005677391
The belief that elections reduce rent seeking by government officials is widely held, likewise the belief that rent seeking decreases as elections are less subject to corruption. In this paper we develop and test a model in which these beliefs are carefully examined. Our model indicates that,...
Persistent link: https://www.econbiz.de/10005677735
Drawing on a unique set of surveys, this article explores the question of whether Russia’s post-communist business associations are generally antithetical to or supportive of the broad objectives of economic restructuring. Contrary to the most widely cited analysis as to the purposes of...
Persistent link: https://www.econbiz.de/10005784636