Showing 1 - 10 of 6,972
Although the theoretical literature on corruption is well developed, empirical work in this area has lagged because it … has proven difficult to isolate corrupt behavior in the data. In this paper, we look for evidence of corruption in an … stables play a role in facilitating the corruption. In times of increased media scrutiny, the match rigging disappears …
Persistent link: https://www.econbiz.de/10012470952
This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption … display lower corruption in equilibrium. In data, naturally more open economies' do exhibit less corruption even after taking …
Persistent link: https://www.econbiz.de/10012470985
Corruption and imperfect contract enforcement dramatically reduce trade. This paper estimates the reduction, using a …
Persistent link: https://www.econbiz.de/10012471800
Corrupt officials can use their positions to enrich themselves in two ways. They can steal from the state budget--embezzling or misspending funds--or they can demand extra payments from citizens in return for services--bribery. In many circumstances, embezzlement is less distortionary than...
Persistent link: https://www.econbiz.de/10012462115
households. The theory predicts that bribery is more attractive to both parties when the client is richer, and we find …
Persistent link: https://www.econbiz.de/10012467042
Many countries, especially developing ones, follow procyclical fiscal polices, namely spending goes up (taxes go down) in booms and spending goes down (taxes go up) in recessions. We provide an explanation for this suboptimal fiscal policy based upon political distortions and incentives for...
Persistent link: https://www.econbiz.de/10012467077
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
We present a simple theory of the quality (competence and honesty) of elected officials. Our theory offers four main …
Persistent link: https://www.econbiz.de/10012470186
possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … explicitly into account corruption level in host countries and using a firm-level data set on investment projects in 24 …
Persistent link: https://www.econbiz.de/10012470253
This article analyzes corruption of law enforcement agents: payment of bribes to agents so that they will not report … violations. Corruption dilutes deterrence because bribe payments are less than sanctions. The state may not be able to offset … detect and penalize corruption. At the optimum, however, corruption may not be deterred. Nonetheless, it may be desirable to …
Persistent link: https://www.econbiz.de/10012471862