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The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured … corruption by the reversed Transparency International's Perception of Corruption Index (CPI) and ignored that the CPI was not … 2012-2018 and re-examine the nexus between corruption and economic growth. The cumulative long-run effect of corruption on …
Persistent link: https://www.econbiz.de/10012861457
Per Magnus Wijkman was the first foreign observer to urge Iceland in print to regulate its fisheries by price. This was in 1975, nine years before the Icelandic fishing quota system came into effect, a system judged discriminatory and unconstitutional by the Supreme Court of Iceland in 1998 (but...
Persistent link: https://www.econbiz.de/10012892260
This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel database for importing firms in developing and emerging market economies, the paper shows that higher natural resource dependence is associated with larger market concentration of...
Persistent link: https://www.econbiz.de/10013215669
This paper studies China’s four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we argue that China’s growth pattern is very similar to that of several other East Asia economies that initially grew very quickly. Second, we show that a minimalist...
Persistent link: https://www.econbiz.de/10014347723
lack of rule of law, corruption, presidential democracies, and underdeveloped financial systems. Another hypothesis is that … a resource boom reinforces rent grabbing and civil conflict especially if institutions are bad, induces corruption …
Persistent link: https://www.econbiz.de/10010270490
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …
Persistent link: https://www.econbiz.de/10010264401
I examine whether elections influence perceived corruption in the public sector. Perceived corruption in the public … sector is measured by the reversed Transparency International’s Perception of Corruption Index (CPI). The dataset includes … perceived corruption in the public sector increased before elections. The effect is especially pronounced before early elections …
Persistent link: https://www.econbiz.de/10012892191
corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve … as an effective way to clean the revenue from corruption for re-investment (multiplier effect). On the other hand …
Persistent link: https://www.econbiz.de/10012867872
economy may be trapped in a locally stable high-corruption, high-slavery equilibrium and major changes in government policies …
Persistent link: https://www.econbiz.de/10012859047
This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross …-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and …
Persistent link: https://www.econbiz.de/10013239558