Does corruption grease or sand the wheels of economic growth? This paper uses metaanalysis techniques to systematically … evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on … for institutions and trade openness (both are found to deflate the negative effect of corruption), authors' affiliation …

Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … suggest that (a) lobbying and corruption are fundamentally different, (b) political institutions play a major role in …

and corruption the preferred one in poor countries. Analyses of their joint effects are understandably rare. This paper … provides a theoretical framework that focus on the relationship between lobbying and corruption (that is, it investigates under …, corruption and influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and …

support for this argument. -- asset stripping ; law enforcement ; corruption ; transition … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …

, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …