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Corruption and the shadow economy: An empirical analysis

Dreher, Axel; Schneider, Friedrich - 2006

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. …

Persistent link: https://www.econbiz.de/10010330109

Greasing the wheels of entrepreneurship? The impact of regulations and corruption on firm entry

Dreher, Axel; Gassebner, Martin - 2007

The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … that corruption is beneficial in highly regulated economies. At the maximum level of regulation among our sample of …

Persistent link: https://www.econbiz.de/10010277758

The intriguing nexus between corruption and capital account restrictions

Dreher, Axel; Siemers, Lars - 2005

The paper develops a theoretical model showing a mutual relationship between corruption and capital account … restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel … data for 112 countries over the period 1984-2002 and find that corruption and restrictions are indeed mutually determined …

Persistent link: https://www.econbiz.de/10010285936

Does Terror Threaten Human Rights? Evidence from Panel Data

Dreher, Axel; Gassebner, Martin; Siemers, Lars H.R - 2013

The paper presents a political economy model linking terror and governments' respect for human rights. Using panel data …

Persistent link: https://www.econbiz.de/10014052801

Does aid for education educate children? Evidence from panel data

Dreher, Axel; Nunnenkamp, Peter; Thiele, Rainer - 2006

This paper empirically analyzes the impact of aid on education for about 100 countries over the period 1970 - 2005. We estimate a system of equations to test whether and to what extent the impact of sector-specific aid on educational attainment depends on (i) the extent to which aid adds to...

Persistent link: https://www.econbiz.de/10010273989

Formal institutions and subjective well-being: Revisiting the cross-country evidencee

Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - 2008

A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and happiness is, however, rather limited. In this paper, we revisit the findings from recent cross-country...

Persistent link: https://www.econbiz.de/10010277738

Decentralization as a disincentive for transnational terror? An empirical test

Dreher, Axel; Fischer, Justina A. V. - 2008

Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Taking account of the potential simultaneity between terror and decentralization, our results show that expenditure...

Persistent link: https://www.econbiz.de/10010277739

Does high inflation cause central bankers to lose their job? Evidence based on a new data set

Dreher, Axel; Sturm, Jan-Egbert; de Haan, Jakob - 2007

This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and...

Persistent link: https://www.econbiz.de/10010277741

IMF conditionality: Theory and evidence

Dreher, Axel - 2008

This article analyzes whether and to what extent reliance on conditionality is appropriate to guarantee the revolving character of Fund resources. The paper presents theoretical arguments in favour of conditionality, and those against the use of conditions. It summarizes the track record of...

Persistent link: https://www.econbiz.de/10010277745

The politics of IMF forecasts

Dreher, Axel; Marchesi, Silvia; Vreeland, James Raymond - 2007

Using panel data for 157 countries over the period 1999-2005 we empirically investigate the politics involved in IMF economic forecasts. We find a systematic bias in growth and inflation forecasts. Our results indicate that countries voting in line with the US in the UN General Assembly receive...

Persistent link: https://www.econbiz.de/10010277755