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The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …
Persistent link: https://www.econbiz.de/10003850516
This paper empirically analyzes the joint impact of democracy and press freedom on corruption. Based in the theoretical … literature, we argue that both institutional features are complements rather than substitutes in controlling corruption. Our … 175 countries from 1996 to 2010. The results show that democratic elections only work in controlling corruption, if there …
Persistent link: https://www.econbiz.de/10009621799
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
Persistent link: https://www.econbiz.de/10011288794
Persistent link: https://www.econbiz.de/10003497703
Persistent link: https://www.econbiz.de/10000961096
Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...
Persistent link: https://www.econbiz.de/10003805989
that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10009010049
This paper studies the impact of decentralization on the shadow economy. We argue that decentralization may decrease … the size of the shadow economy mainly through two transmission channels: (1) Decentralization enhancing public sector … robust evidence of the efficiency effect. -- decentralization ; shadow economy …
Persistent link: https://www.econbiz.de/10009266755
This essay reviews the relationship between natural-resource abundance and economic growth around the world, and … protection, corruption, and income inequality. The cross-sectional data show, moreover, that the share of the primary sector in …
Persistent link: https://www.econbiz.de/10011397924
abundant natural capital tend to have (a) less trade and foreign investment, (b) more corruption, (c) less education, and (d …
Persistent link: https://www.econbiz.de/10011399567