We analyze the provision of infrastructure by a foreign investor when the domestic bureaucracy is corrupt, but puts … investment has been sunk, the bureaucracy may hold up the investor, using the threat of expropriation to demand a lower final …

We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the quot;corruptibilityquot; of bureaucrats in each case …

Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to … corruption on growth from 41 empirical studies. The main factors explaining the variation in these estimates are whether the … model accounts for institutions and trade openness (both are found to deflate the negative effect of corruption), authors …

implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed …The paper studies the effect of additional government revenues on political corruption and on the quality of … politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with …

Political corruption is a concern of many modern democracies. It weakens democratic institutions, restricts public … determines corruption is limited. This paper uses a novel dataset of political corruption in local governments, constructed from … reports of an anti-corruption program in Brazil, to test whether the possibility of re-election affects the level of rents …

's recent anti-corruption program that randomly audits municipal expenditures of federally-transferred funds, it estimates the … effects of the disclosure of local government corruption practices upon the re-election success of incumbent mayors. Comparing …

those without. Using the recent anti-corruption campaign in China as a quasi-experiment, we investigate how endeavors for … counter-corruption affect inequality and potential cronyism in bureaucratic employment through inter-generational transmission …. First, we conduct a difference-in-differences analysis to compare changes in the probability of working in bureaucracy after …

Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …