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corruption on productivity. Corruption is defined as a “bribe tax” and is compared to another form of institutional inefficiency …, which is often believed to be closely linked with corruption: the “time tax” imposed on firms by red tape. When testing … their effects in the full sample, only the bribe tax appears to have a negative effect on firm-level productivity, while the …
Persistent link: https://www.econbiz.de/10008550504
corruption on productivity. Corruption is narrowly defined as the occurrence of informal payments to government officials to ease … the day-to-day operation of firms. The effects of this “bribe tax” on productivity are compared to the consequences of red … tax appears to have a negative impact on firm-level productivity, while the effect of the time tax is insignificant. We …
Persistent link: https://www.econbiz.de/10011202943
The paper investigates how efficiency of business environment and corruption (informal payments and state capture … corruption activities at the firm-level and firm ownership. We find somehow surprising results that private firms (domestic and … foreign owned firms that are involved in informal payments are likely to benefit from these corruption practices. On the other …
Persistent link: https://www.econbiz.de/10011272524
The paper analyses Russian corruption as a?specific "industry" of the Russian economy that is in many important … respects influenced by the political system. The latter, in turn, is also being transformed due to corruption. The authors … introduce and discuss the basic concepts used in the corruption analysis: everyday corruption, business corruption, corruption …
Persistent link: https://www.econbiz.de/10010860806
The Russian economy is in transition period "from plan to market", which is characterized by immature institutions and expansion of rent-seeking behavior. In this article, the authors consider rent as a?possible excess return above the minimum income needed to encourage an agent to implement the...
Persistent link: https://www.econbiz.de/10010904733
The paper considers the relationship of corruption and domestic business environment. The authors propose a method of … quantitative estimation of the impact of corruption on the business climate through the use of international ratings. The … corruption, and estimate, with its help, the comparative advantages of Russia as of late 2012. In addition the paper determines …
Persistent link: https://www.econbiz.de/10010904737
Clearly defined property rights enable people and business to make contracts over such property, and thus to engage in business – most business transactions concern the transfer of some sort of property, or rights to property. It seems that property rights have huge influence on foreign direct...
Persistent link: https://www.econbiz.de/10011273851
Corruption as an institutional factor of the state regulatory efficiency is seen in disfunction of distributed decision … performance. Thus, there are two polar set of institutional factors of state regulatory efficiency: negative (corruption) and …
Persistent link: https://www.econbiz.de/10011260922
democracy and the fight against corruption on trade. We use a gravity model inspired and adapted from Anderson and van Wincoop … corruption on trade for all countries. Our results show that democratic countries are generally more open, but that two … democratic nations do not necessarily trade more between each other. The reverse is true for corruption. …
Persistent link: https://www.econbiz.de/10005243414
and are most strongly engaged in the fight against corruption, constructing proxies for provincial government efficiency … and anti-corruption effort. Our regression results confirm that FDI is attracted to provinces with relatively high levels … of government efficiency and are actively involved in the fight against corruption. …
Persistent link: https://www.econbiz.de/10005357572