The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially … data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …

This study provides the first empirical assessment of the causal impact of bureaucratic corruption on firms' financial … heterogeneous treatment effects across firm groups. Formally, the theoretical framework models how corruption may facilitate or …, reveals that corruption significantly increases the probability of a representative MSME and firm being financially …

The relationship between corruption and economic development is characterised by three stylised facts: (i) a strong … negative correlation between corruption and development (ii) countries can remain trapped in high corruption-low development or … low corruption-high development equilibria (iii) amongst intermediate levels of development corruption levels are more …

Corruption, particularly political or quot;grandquot; corruption, distorts the entire decision-making process connected … presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii … that corruption increases public investment while reducing its productivity. These are five channels through which …

Purpose The theoretical debate of corruption's impact on economic growth remains unsettled, making it an empirical … question. This study aims to investigate corruption's effect on BRICS countries' economic growth. Design/methodology/approach A … employed to estimate a growth model as a linear-quadratic function of corruption that accounts for cross-sectional dependence …