When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest …

delay. Using a large dataset on Italian public procurement, we then study empirically the effects of court inefficiency on …

, incomplete contracts, taxes, regulations, or corruption? This paper develops new tools for the study of misallocation that place … experience demand shocks derived from a lottery-based assignment of public procurement contracts for construction services in …

, incomplete contracts, taxes, regulations, or corruption? This paper develops new tools for the study of misallocation that place … experience demand shocks derived from a lottery-based assignment of public procurement contracts for construction services in …

Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such … the period 1985-98, The association between military spending and corruption is ascertained by using panel regression … techniques. The results suggest that corruption is indeed associated with higher military spending as a share of both GDP and …

over the period 2003-2014 using rich micro-data on corruption and firms. After anti-corruption audits, municipalities … administrative firm level datasets and face-to-face firm surveys, we argue that corruption mostly acts as a tax on the local economy …

procurement in Russia due to corruption. Unfortunately, to measure corruption is very challenging. In this paper, using the data … on procurement in one of the Russian regions as an example, we suggest and discuss different indicators of corruption … that might have taken place during the procurement process. We also provide some preliminary estimates of how corruption …

-price, sealed-bid, procurement auction with two-dimensional-type bidders. With corruption, we assume that the quality of the bidders …We provide a positive analysis of the equilibrium bidding and bribing strategies with and without corruption in a first … and bribe decrease in the number of bidders. Moreover, we show that in this auction with corruption, quality is randomly …

In this study, we investigate the correlation between corruption risk and the level of education in European sub … the parameters of 6,766,274 public procurement contracts in total and NUTS2 level Eurostat data. We found that higher … educational attainment is associated with lower corruption risk and a higher level of control of corruption, indicating that …

This paper empirically investigates market behavior and firms' lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …