Showing 1 - 10 of 187
After a decade of rapid growth, industrialization has lost ground with shrinking manufacturing sector and high informality in Sub-Saharan Africa (SSA). This paper explores how land market and labor regulations affect factor allocative efficiency and firm performance in SSA. Using pooled data on...
Persistent link: https://www.econbiz.de/10012912482
After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China’s business dynamism. We show that (i) the revenue share...
Persistent link: https://www.econbiz.de/10013295127
important public service, there is widespread concern that their activities are negatively affected by corruption. However …, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption … perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also …
Persistent link: https://www.econbiz.de/10012843522
Paper discusses the factors that contribute to the spread of corruption as well as the implications of corruption for … markets and for public sector activities. It is argued that corruption can be contained mainly by a scaling down of the public …
Persistent link: https://www.econbiz.de/10012781630
This paper argues that corruption patterns are endogenous to political structures. Thus, corruption can be systemic and … revolution by creating a system of patronage and loyalty through corrupt bureaucracy. Competitive corruption patterns are … associated with anarchy and weak dictators, while strong dictators implement a system of monopolistic corruption. Efforts at …
Persistent link: https://www.econbiz.de/10012782606
Corruption is macro-relevant for many countries, but is often hidden, making measurement of it-and its effects … perception-based measures, reliance on a limited pool of experts, and an inability to distinguish between corruption and … institutional capacity gaps. This paper attempts to address these limitations by leveraging news media coverage of corruption. We …
Persistent link: https://www.econbiz.de/10012910354
This paper argues that oil revenue management and public investment in Congo are vulnerable to corruption as a result … of limited transparency and accountability. Corruption has potentially contributed to poor macro-fiscal outcomes. The … paper acknowledges the authorities' anti-corruption efforts made so far and proposes further critical reforms to reduce …
Persistent link: https://www.econbiz.de/10012867679
between political fragmentation and public debt changes. Corruption magnifies the effects; with higher perceived corruption …
Persistent link: https://www.econbiz.de/10012977774
imbalances. A system of corruption and collusion with politicians and journalists enabled the bank managers to run risky and …
Persistent link: https://www.econbiz.de/10012929936
This paper revisits the effects of corruption on the state's capacity to raise revenue, building on the existing …-2014, compiled by the IMF. It finds that-consistent with the existing literature-corruption is negatively associated with overall tax … revenue, and most of its components. This relationship is predominantly influenced by the way corruption interacts with tax …
Persistent link: https://www.econbiz.de/10012929954