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 …

compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which growth is … driven by capital accumulation and public policy is administered by government appointed bureaucrats. Corruption may arise …) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the …

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 …