test this hypothesis on a dataset of Italian provinces, and address the possible endogeneity of corruption by applying an … social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We … IV model. We use three sets of historical instruments for corruption: 1) foreign dominations in 16th-17th century, 2 …

test this hypothesis on a dataset of Italian provinces, and address the possible endogeneity of corruption by applying an … social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We … IV model. We use three sets of historical instruments for corruption: 1) foreign dominations in 16th-17th century, 2 …

(FLFP) on corruption. Employing plow usage as an instrumental variable, an increase in FLFP by one standard deviation is … suggested to improve the Corruption Perceptions Index (CPI, ranging from zero to ten) by 0.52 points. This effect is stronger …

Firms may evade taxes on profits and can also avoid fulfilling legal restrictions on production activities by bribing … bureaucrats. It is shown that the existence of tax evasion does not affect corruption activities at the firm level, while the … budgetary repercussions of tax evasion induce less corruption. Policy measures which alter the gains or losses from corruption …

study provided the first evidence of the impact of provincial institution quality and firms’ participation in and intensity … of corrupt activities on firm productivity in Vietnam. We found that the bribe intensity instead of whether firms bribed … state officials or not (measured by a dummy variable) has a negative effect on firm productivity when the endogeneity of …

,000 firms in Myanmar. This paper sets out to understand the structure of corruption through an econometric analysis of this …Corruption has been found to be the most severe obstacle to business operations, according to a recent survey of over 3 … survey. It finds that firms with higher 'ability to pay' (proxied by sales revenue and employee growth) are more likely to …

This paper adds to the recent literature on firm-level corruption by relying on rich data including detailed … information on the purpose and amounts of bribe payments among Vietnamese micro, small, and medium firms. Using industry … large and significant positive association between corruption and firm performance. We further show that the type of bribe …

corruption hampers growth for private firms, but is not detrimental for privatized firms. In fact, some evidences suggest that … corruption helps privatized firms growing faster. Privatized firms' connections with corrupt public officials, politicians, and …I investigate whether the impact of firm-level corruption on growth varies based on origin of the firm. More …

and financial stability of extractive firms in Africa. The study also tests the presence of convergence in anti-corruption … prevalence of corruption have firms that report more on corruption analysis. Disclosure on corruption training is high among …. There is evidence that corruption disclosure reduces the financial stability of firms. Disclosures on corruption analysis …