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There is a consensus among scholars that institutions (i.e. norms and regulations) are country specific. The paper aims to contribute to the debate by examining the type of institutions which have been the most important for growth in transition countries. It employs a new set of the...
Persistent link: https://www.econbiz.de/10011524879
Who really wins from foreign direct investment (FDI) and by how much? Should winners care about corruption? Building on … evidence of heterogeneity in the FDI-growth relationship, we propose a semiparametric model that allows corruption to influence … of instrumental variables. We find evidence that corruption has a sizeable nonlinear role in the FDI-growth relation …
Persistent link: https://www.econbiz.de/10013232773
This paper examines whether corruption can be an efficiency enhancing adaptation to poor institutional environments …. Prior research on this question has not taken into account the heterogeneity of corruption or the possibility that petty … bureaucratic corruption in the form of bribery may grease the wheels of an economy at the same time that grand political corruption …
Persistent link: https://www.econbiz.de/10012964978
This paper analyzes the existing relationship between ethnic fractionalization, corruption and the growth rate of a … country. We provide a simple theoretical model. We show that a nonlinear relationship between fractionalization and corruption … exists: corruption is high in homogeneous or very fragmented countries, but low where fractionalization is intermediate. In …
Persistent link: https://www.econbiz.de/10014175799
In this paper, we analyze the interaction between corruption, taxation and economic growth. Our contributions are … twofold. Theoretically, in an endogenous growth model, we introduce corruption in two different ways: corruption in the public … expenditure and corruption in the public revenue. We show two opposing effects. Under certain conditions, corruption can affect …
Persistent link: https://www.econbiz.de/10014158296
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Persistent link: https://www.econbiz.de/10011589578
Corruption is often a source of contentious debate, covering different areas of knowledge, such as philosophy and … sociology. In this paper we assess the effects of corruption on economic activity and highlight the relevance of the size of the … 2019. We find an adverse effect of corruption on the level and growth of GDP per capita, but that large governments benefit …
Persistent link: https://www.econbiz.de/10012504814
Numerous countries are introducing citizen feedback schemes to tame corruption. We study how best to incorporate …
Persistent link: https://www.econbiz.de/10011343756
Persistent link: https://www.econbiz.de/10003726494