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The Political Economy of Anti-Bribery Enforcement
Cohen, Lauren; Li, Bo - National Bureau of Economic Research - 2021
This paper documents novel evidence on the influence of political incentives in the regulatory enforcement of foreign bribery. Using exogenous variation in the timing and geographic location of U.S. Congressional elections, we find that the probability of a Foreign Corrupt Practices Act (FCPA)...
Persistent link: https://www.econbiz.de/10012794651
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Foreign Firms, Domestic Wages
Malchow-Møller, Nikolaj - 2007
domestic firms. The empirical implications of the model are tested on matched employer-employee data from Denmark. Consistent …
Persistent link: https://www.econbiz.de/10012465654
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Understanding the Resurgence of the SOEs in China : Evidence from the Real Estate Sector
Fang, Hanming; Wu, Jing; Zhang, Rongjie; Zhou, Li-An - National Bureau of Economic Research - 2022
We advance a novel hypothesis that China's recent anti-corruption campaign may have contributed to the recent … resurgence of the state-owned enterprises (SOEs) in China as an unintended consequence. We explore the nexus between the anti …
Persistent link: https://www.econbiz.de/10012814463
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Equilibrium Consequences of Corruption on Firms : Evidence from China’s Anti-Corruption Campaign
Ding, Haoyuan - 2020
We use China's recent anti-corruption campaign as a natural experiment to examine the (market expected) equilibrium …
Persistent link: https://www.econbiz.de/10012479180
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Corruption, Government Subsidies, and Innovation : Evidence from China
Fang, Lily - 2018
China, where a quarter of firms' R&D expenditures come from government subsidies. Using a difference-in-differences approach …
Persistent link: https://www.econbiz.de/10012480749
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Anti-Corruption Reforms and Shareholder Valuations : Event Study Evidence from China
Lin, Chen - 2016
Consistent with reduced expected corruption adding value overall, Chinese shares rise sharply on the December 4th 2012 launch of major anti-corruption reforms, which started by curtailing extravagant spending by or for Party cadres. SOEs gain broadly, consistent with the reform cutting their top...
Persistent link: https://www.econbiz.de/10012456672
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Measurements, Determinants and Causes of Corruption : Lessons from China's Anti-Corruption Campaign
Fang, Hanming - National Bureau of Economic Research - 2023
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 … on the measurements that highlight the city-level heterogeneity of corruption in China, and present simple frameworks to …
Persistent link: https://www.econbiz.de/10014287377
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Combating Political Corruption with Policy Bundles
Finan, Frederico S.; Mazzocco, Maurizio - National Bureau of Economic Research - 2021
In this paper, we develop a dynamic model of politicians who can engage in corruption. The model offers important insights into what determines corruption and how to design policy to combat it. We estimate the model using data from Brazil to measure voters' willingness to pay for various...
Persistent link: https://www.econbiz.de/10012510561
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Revealing Corruption : Firm and Worker Level Evidence from Brazil
Colonnelli, Emanuele; Lagaras, Spyridon; Ponticelli, Jacopo - National Bureau of Economic Research - 2022
We study how the disclosure of corrupt practices affects the growth of firms involved in illegal interactions with the government using randomized audits of public procurement in Brazil. On average, firms exposed by the anti-corruption program grow larger after the audits, despite experiencing a...
Persistent link: https://www.econbiz.de/10012814402
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E-governance, Accountability, and Leakage in Public Programs : Experimental Evidence from a Financial Management Reform in India
Banerjee, Abhijit - 2016
In collaboration with the Government of Bihar, India, we conducted a large-scale experiment to evaluate whether transparency in fiscal transfer systems can increase accountability and reduce corruption in the implementation of a workfare program. The reforms introduced electronic fund-flow, cut...
Persistent link: https://www.econbiz.de/10012455877