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India is a country characterized by a huge informal sector. At the same time, it is a country where the extent of … corruption in every sector is remarkably high. Stifling bureaucratic interference and corruption at every stage of economic … governance allowing substantial corruption in the system. Based on a study of 20 Indian states, we empirically show that higher …
Persistent link: https://www.econbiz.de/10010278797
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
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Development of infrastructure projects with private engagement through PPP has become one of the commonly adopted procurement strategies in developed and developing countries. All over the world where PPP procurement has been used in one form or another, the way in which it is carried out has...
Persistent link: https://www.econbiz.de/10010308337
Over the past decade, a series of events in India have brought the question of food security into sharp focus. Vast … Organization laws on agriculture and farmers, the media’s spotlight on starvation deaths and, finally, the Supreme Court of India … situation prevailing in India and reviews the obligations and initiatives by the government of India to ensure food security …
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Recently, the combinatorial clock auction has become more and more common in the auctioning of telecommunication licenses. Although the auction design is complex, the promise is that bidding becomes simple - truthtelling is close to optimal. We show that this claim is too strong. The auction...
Persistent link: https://www.econbiz.de/10010289636
This paper provides a simple model of corruption dynamics with the ratchet effect. Corrupt officials have ex post the … decrease. We also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify … circumstances under which the often observed practice of job rotation can help mitigate corruption. …
Persistent link: https://www.econbiz.de/10010305447
Recent empirical work shows that judicial dependence can explain high levels of corruption. This paper examines how the … dependence of judiciaries influences corruption at different levels of the government in a model where the central government … authority and accept bribes from stealing low-level officials, it reduces corruption at the higher level of government but …
Persistent link: https://www.econbiz.de/10010264138