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One size fits all? : decentralization, corruption, and the monitoring of bureaucrats

Lessmann, Christian; Markwardt, Gunther - 2009

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

The impact of democracy and press freedom on corruption : conditionality matters

Kalenborn, Christine; Lessmann, Christian - 2012

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

International taxation and multinational firm location decisions

Barrios Cobos, Salvador; Huizinga, Harry; Laeven, Luc; … - 2008

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

Decentralization and the shadow economy : Oates meets Allingham-Sandmo

Bühn, Andreas; Lessmann, Christian; Markwardt, Gunther - 2011

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

Regional inequality, convergence, and its determinants : a view from outer space

Lessmann, Christian; Seidel, André - 2015 - This version: 16.04.2015

This paper provides a new data set of regional income inequalities within countries based on satellite nighttime light data. We first empirically study the relationship between luminosity data and regional incomes for those countries where regional income data are available. We subsequently use...

Persistent link: https://www.econbiz.de/10010515477

The real exchange rate in the long run : Balassa-Samuelson effects reconsidered

Bordo, Michael D.; Choudhri, Ehsan U.; Fazio, Giorgio; … - 2014

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample period. Although the traditional Balassa-Samuelson...

Persistent link: https://www.econbiz.de/10010374513

Thin capitalization rules and multinational firm capital structure

Blouin, Jennifer L.; Huizinga, Harry; Laeven, Luc; … - 2014

This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using confidential...

Persistent link: https://www.econbiz.de/10010256736

Regional inequality and internal conflict : conference paper

Lessmann, Christian - 2014 - This version: January 2013

This paper studies the influence of interregional inequality within countries on internal conflicts. Regional inequalities are measured by the population-weighted coefficient of variation of regional GDP per capita. As the main innovation, I use a panel data set of country-level regional...

Persistent link: https://www.econbiz.de/10010484464

Foreign direct investment and regional inequality : a panel data analysis

Lessmann, Christian - 2012 - This version: November 2012

Foreign direct investments (FDI) are an important determinant of economic growth. Coun-tries try to attract mobile capital in order to foster economic development, albeit FDI might increase regional inequality since the many different regions of a country usually do not receive FDI in equal...

Persistent link: https://www.econbiz.de/10009687189

Regional inequality and decentralization : an empirical analysis

Lessmann, Christian - 2011

This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data set which covers 56 countries at different stages of economic develop-ment. Cross-section and panel data estimations show that decentralization decreases regional inequalities in...

Persistent link: https://www.econbiz.de/10009295332