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Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...
Persistent link: https://www.econbiz.de/10011646238
corruption, rule of law, and government effectiveness are the indicators which are statistically different for these sets of …
Persistent link: https://www.econbiz.de/10010200390
This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the period 1991 up to 2015. Using the Multiple Indicators, Multiple Causes (MIMIC) method we apply for the first time (i) the light intensity approach instead of GDP avoiding the...
Persistent link: https://www.econbiz.de/10011697985
The focus of this paper is on improving governance through the use of information and communication technology (ICT) in the delivery of services to the poor, i.e., improving efficiency, accountability, and transparency, and reducing bribery. A number of papers recognize the potential benefits...
Persistent link: https://www.econbiz.de/10010336933
micro-level decisions are related to each other. In micro empirical analysis, this interdependence of corruption decisions … can be addressed through the hierarchical modelling of corruption data. Exploiting a baseline sample of 34,358 bribe … contribution of five major determinants of corruption emphasized by the literature: the economic and human development levels, the …
Persistent link: https://www.econbiz.de/10012925771
between political fragmentation and public debt changes. Corruption magnifies the effects; with higher perceived corruption …
Persistent link: https://www.econbiz.de/10012977774
In this paper we explore relationships between corruption perceptions and such characteristics as the size of shadow … countries. It is shown that irrespective of whether the economy is developed or transitional, negative dependence of corruption … the shadow economy passes 45%, the Transparency International Corruption Perceptions Index ceases to respond to growth of …
Persistent link: https://www.econbiz.de/10013028039
regulations are the driving forces of the shadow economy. Furthermore, the results show that the shadow economy reduces corruption … in high income countries, but increases corruption in low income countries. Finally, the various estimation methods are …
Persistent link: https://www.econbiz.de/10013132156
This paper analyzes the utilization of repression and democratic institutions by a non-democratic government striving for political power and private rents. We find that economic development has different impacts on policy choices, depending on whether it appears in the form of rises in income...
Persistent link: https://www.econbiz.de/10011623029
This paper investigates the impact of foreign aid on the quality of institutions in recipient countries. Our identification strategy exploits the shift in US foreign policy due the attacks on the World Trade Center on September 11th, 2001 as a quasi-natural experiment. The associated change in...
Persistent link: https://www.econbiz.de/10011963030