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Political connections between firms and autocratic regimes are not secret and often even publicly displayed in many developing economies. We argue that tying a firm's available rent to a regime's survival acts as a credible commitment forcing entrepreneurs to support the government and to exert...
Persistent link: https://www.econbiz.de/10013317003
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
maintaining financial sector stability through reduction of vulnerability is highly crucial. The world is now witnessing an …
Persistent link: https://www.econbiz.de/10010271785
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first … demonstrate that in the latter setting, the compromising effect of lobbying need not exist. Our reduced-form, two-stage public …) desires to suckle thereby threatening the public well being more than the lobbying interest groups. The main result specifies …
Persistent link: https://www.econbiz.de/10010261146
Studying a relatively under-researched aspect in economics, this paper examines the nexus between corruption and … academic freedom. Our main hypothesis is that greater corruption undermines academic freedom and we test this hypothesis using … the direct and indirect (through corruption) effects of various drivers of academic freedom. Finally, additional insights …
Persistent link: https://www.econbiz.de/10014078198
Adding a new dimension to determinants of corruption, this paper examines the effectiveness of enforcement in reducing … corruption. We compare the influences of latent enforcement (police, judicial, and prosecutorial employment) versus actual … enforcement to combat corruption by increasing enforcement employment is ineffective, rather comprehensive improvements in …
Persistent link: https://www.econbiz.de/10012892011
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
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
of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union … potentially faces two different and opposite effects on corruption. On the one hand, there are reasons to believe that corruption … is going to decrease because of the efforts of the EU to fight corruption or because of the opening of the markets to …
Persistent link: https://www.econbiz.de/10012836932
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