-priced, in-plan goods to the market. Corruption has the predicted effects on resource allocation. Official under-pricing of in … 1980 and 1989, this paper tests microeconomic implications of a pervasive form of corruption --official diversion of under … diversion. Market competition introduced by allowing firms to sell directly to the market appears to reduce corruption and …

Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … suggest that (a) lobbying and corruption are fundamentally different, (b) political institutions play a major role in …

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

are desperate, vulnerable, or demanding services particularly prone to corruption. The effect is strongest for bribery of …

In many developing and transition countries, we observe rather high levels of corruption. This is surprising from a … political economy perspective, as the majority of people in a corrupt country suffer from high corruption levels. Our model is …, we show that a lack of financial institutions can lead to more corruption as more voters are part of the corrupt system …

Countries making the transition to a market economy often experience an increase in corruption along with an increase … corruption. We present a model of corruption and reform which shows that under some circumstances a particular gradualist reform … strategy is optimal. This strategy consists of temporarily relaxing control of corruption in order to provide a windfall to …

reduce corruption. Overall, the judiciary and the police are by far the most corrupt institutions. …

-owned firms during China's transition to a market economy. Based on this analysis, I suggest that local government owned firms … will be transformed to private ownership as China's input markets become more liberalized. …