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In developing countries with weak institutions, there is implicitly a large reliance on elections to instill norms of … accountability and reduce corruption. In this paper we show that electoral discipline may be ineffective in reducing corruption when … competition on corruption. We show that in equilibrium, corruption has a U-shaped relationship with electoral competition. If the …
Persistent link: https://www.econbiz.de/10011594150
, measures of democracy, human development, corruption perception index and per capita income, which in turn jointly influence … 2-SLS. Empirically, it has been established that globalization, democracy, human development and low level of corruption …
Persistent link: https://www.econbiz.de/10012929066
In developing countries with weak institutions, there is implicitly a large reliance on elections to instill norms of … accountability and reduce corruption. In this paper we show that electoral discipline may be ineffective in reducing corruption when … competition on corruption. We show that in equilibrium, corruption has a U-shaped relationship with electoral competition. If the …
Persistent link: https://www.econbiz.de/10012978149
, and computational formula-to Bayesian games. We then apply the value in simple models of corruption, oligopolistic …
Persistent link: https://www.econbiz.de/10012806287
Persistent link: https://www.econbiz.de/10011724312
community and formal enforcement, while corruption undermines it. We discuss how community can play an important role in a …
Persistent link: https://www.econbiz.de/10013248657
enterprise sector. We found that Government effectiveness and Control of corruption in particular are very important in … European countries that have to develop their institutions further in order to grow sustainably. This study is using …
Persistent link: https://www.econbiz.de/10012306783
Lots of studies were produced in the past decade on the importance of the quality of the institutions for economic … favouring or rather limiting the economic development. But to what extent do governance, the institutions, both public and …, ensured by qualitatively high levels of the governance, the institutions, as well as of the so-called business environment …
Persistent link: https://www.econbiz.de/10010991514
Corruption is a symptom and outcome of institutional deficiency, with potentially adverse effects on economic growth …. This paper aims to provide a synthesis of the existing evidence on the relationship between corruption and economic growth … findings indicate that corruption has a negative effect on per-capita GDP growth overall. We also report that corruption is …
Persistent link: https://www.econbiz.de/10009372561
evolutionary game. In this model the quality of government institutions is an endogenous variable, depending on the corruption rate … the dynamics of corruption. We present the equilibria for different types of institutions and discuss the resulting … certain countries. Depending on how the quality of institutions depends on corruption and income, corruption can either lower …
Persistent link: https://www.econbiz.de/10005515657