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Large-scale land acquisitions often take place in developing countries which are also known for their corruption …-friendliness caused by weak institutional frameworks. We hypothesize that corruption indeed leads to more land deals. We argue that … corrupt elites exploit poor institutional setups (characterized by corruption) to strike deals with domestic and international …
Persistent link: https://www.econbiz.de/10010475338
The literature has documented a positive effect of foreign ownership on firm performance. But is this effect due to a one-time knowledge transfer or does it rely on continuous injections of knowledge? To shed light on this question we focus on divestments, that is, foreign affiliates that are...
Persistent link: https://www.econbiz.de/10010461272
In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we … propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects … that may prevent corruption, and compare them to the fee schedules employed by major auction houses. …
Persistent link: https://www.econbiz.de/10011397659
enforcement against corruption and organized crime in local governments. Specifically, I take advantage of an Italian law that …
Persistent link: https://www.econbiz.de/10011415917
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
Numerous countries are introducing citizen feedback schemes to tame corruption. We study how best to incorporate …
Persistent link: https://www.econbiz.de/10011343756
We examine whether a corruption scandal in which the incumbent is implicated undermines trust in local government. We … use a novel dataset containing information on local corruption scandals reported in Spain during the period 1999 - 2009 … matching methods to improve the identification of the effect of corruption scandals on trust, comparing municipalities affected …
Persistent link: https://www.econbiz.de/10010375152
corruption where the judicial system is independent, this relationship has more ambiguous effects where the legal system is weak … and susceptible to politicization. These effects remain after controlling for standard determinants of corruption. …
Persistent link: https://www.econbiz.de/10010199710
This paper analyzes the impact of migration on destination-country corruption levels. Capitalizing on a comprehensive … explore different channels through which corruption might migrate. We employ different estimation methods using Fixed Effects … find that while general migration has an insignificant effect on the destination country's corruption level, immigration …
Persistent link: https://www.econbiz.de/10010417973
We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes its private benefits using two activities. The first one consists of providing local public goods that help local firms to increase profits, thus enlarging tax revenue. The second...
Persistent link: https://www.econbiz.de/10011450277