Showing 1 - 10 of 408
transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption …
Persistent link: https://www.econbiz.de/10012463999
The fundamental feature of private contracting is its relational nature. When faced with unforeseen or unexpected circumstances, private parties, as long as the relation remains worthwhile, adjust their required performance without the need for costly renegotiation or formal recontracting....
Persistent link: https://www.econbiz.de/10012464415
We develop a framework that examines the organizational challenges faced by central rulers governing large territories, where administrative power needs to be delegated to local elites. We describe how economic change can motivate rulers to empower different elites and emphasize the interaction...
Persistent link: https://www.econbiz.de/10014576570
This chapter investigates the non-market response of firms to international trade shocks increasing the level of competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The effect on lobbying is not homogeneous across firms...
Persistent link: https://www.econbiz.de/10012616568
We examine the correlation between gender and bureaucratic corruption using two distinct datasets, one from Italy and a … second from China. In each case, we find that women are far less likely to be investigated for corruption than men. In our … Italian data, female procurement officials are 34 percent less likely than men to be investigated for corruption by …
Persistent link: https://www.econbiz.de/10012482615
bureaucracy in place of political appointees as an important component of the institutional environment in which private … corruption of their subordinates as a byproduct of their efforts to implement their preferences using tax revenue. Within this …
Persistent link: https://www.econbiz.de/10012473683
arise when monitoring corruption is difficult relative to monitoring the provision of public services, and politically …-important groups of citizens do not bear the full cost of corruption. The existence of such systems can distort the effective incidence … of the tax burden, reduce the incentives of government to fight corruption, and legitimize bribe-taking …
Persistent link: https://www.econbiz.de/10014421219
Corruption is a widespread phenomenon in many developing and transitional economies. China is a country in profile both … in the prevalence of corruption, and in its attempts to root out corruption. The recent anti-corruption campaign in China …. It has had lasting impact on the functioning of the Chinese bureaucracy, and on the behavior of firms and consumers. It …
Persistent link: https://www.econbiz.de/10014287377
Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …
Persistent link: https://www.econbiz.de/10012467282
Many developing countries have suffered under the personal rule of kleptocrats', who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part,...
Persistent link: https://www.econbiz.de/10012468558