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We extend the protection for sale framework by modelling non tariff barriers. Explicitly introducing partial rent capturing leads to a testable specification that bridges the gap between the theoretical Grossman and Helpman (1994) model and its empirical implementation, where coverage ratios...
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lead to equilibria, where politicians receive corruption bribes. Furthermore, the model implies a non …-monotonic relationship between financial openness and corruption and a positive relationship between financial openness and government size …
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correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tamed bureaucracy …. -- public sector ; rents ; life satisfaction ; corruption ; judicial independence …
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