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 'corruptibility' of bureaucrats in each case. Results …

correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tamed bureaucracy. …The monopoly position of the public bureaucracy in providing public services allows government employees to acquire … extent of rents in the public bureaucracy. The extent of rents is determined by differences in institutional constraints and …

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 …

entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of … extent of corruption. A cluster of institutional indicators representing 'market freedom' is only significant in some … specifications. Freedom from corruption is significantly related to entrepreneurial entry, especially when the richest countries are …

corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to …

Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously …

effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find … is driven by the impact of bureaucracy on the post-privatization business environment, with better institutional support … and less corruption when bureaucracies are large. …