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This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010208991
We present controlled experimental evidence on how corruption affects the private provision of public goods. Subjects … subjects. We compare average contributions between two conditions with the same efficiency: a corruption condition, where an … administrator can expropriate part of contributions, and a control condition without corruption. Compared to the control condition …
Persistent link: https://www.econbiz.de/10012928993
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
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
The extant literature has produced mixed evidence on the relationship between financial development and ecological sustainability. This work addresses this conundrum by investigating financial development's direct and indirect consequences on ecological quality utilizing the environmental...
Persistent link: https://www.econbiz.de/10014288899
This paper investigates the impact of trade openness and public expenditures on health status in OIC member countries. Panel data of 47 OIC member countries from 1991 to 2017 is taken from the World Development Indicators (WDI). The econometric results areestimated using GMM technique to avoid...
Persistent link: https://www.econbiz.de/10012153533
Persistent link: https://www.econbiz.de/10015070216
Persistent link: https://www.econbiz.de/10014226757
While the majority of micro studies finds that rural education increases agricultural productivity, various recent cross-country regressions analyzing the determinants of agricultural productivity were only able to detect an insignificant or even surprisingly negative effect of schooling. In...
Persistent link: https://www.econbiz.de/10009380403
While the majority of micro studies finds that rural education increases agricultural productivity, various recent cross-country regressions analysing the determinants of agricultural productivity were only able to detect insignificant or even surprising negative effects of schooling. In this...
Persistent link: https://www.econbiz.de/10010349170