This paper compares corruption in China over the past 15 years with corruption in the U.S. between 1870 and 1930, periods that are roughly comparable in terms of real income per capita. Corruption indicators for both countries and both periods are constructed by tracking corruption news in...

This paper presents the results of an empirical study of attitudes toward bribe taking in the largest economies on four continents – the USA, Brazil, Germany and China. The authors use the Human Beliefs and Values Survey data to examine several demographic variables, including gender, age,...

This chapter investigates the factors that determine U.S. firms' expansion strategies with respect to the timing and resource commitment in China between 1980 and 2005. We collect a new firm-level, cross-industry sample to document when and how firms invest. We find that earlier entry is...

This comparative study of official corruption in two of the world's most powerful countries will address challenges common to every society and every legal system: (1) abuse of power by the caretakers of the law, who apply the law to others but consider themselves above it; (2) the application...