Showing 1 - 10 of 14,118
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications of the model using a cross-sectional dataset including...
Persistent link: https://www.econbiz.de/10011646808
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications of the model using a cross-sectional dataset including...
Persistent link: https://www.econbiz.de/10011641557
Using state-level data on productive and unproductive entrepreneurship, shadow economy size, and public official … corruption, this paper examines whether formal sector productive (unproductive) entrepreneurial activity is associated with lower … (higher) levels of informal economic activity. Additionally, I aim to connect entrepreneurship, shadow economy size, and …
Persistent link: https://www.econbiz.de/10013035948
Economic and rent-seeking outcomes are determined jointly in a dynamic general equilibrium model of corruption, public … responsible for providing public goods, which contribute to productive efficiency. Corruption arises because of an opportunity for …. The model produces multiple development regimes, which yield different predictions about corruption, public spending and …
Persistent link: https://www.econbiz.de/10014063434
The negative effects of corruption at the macro level are well documented. Corruption reduces economic growth, lowers … productive to destructive activities. In corrupt regimes, rent-seeking and cronyism crowd out value-creating entrepreneurship …. Corruption also has effects at the micro level because some industries are better situated to profit from corruption than others …
Persistent link: https://www.econbiz.de/10012900966
This review attempts to identify treatments of corruption that draw upon characteristics of underdevelopment either as … causes or as consequences. It focuses on three aspects of corruption in developing economies: red tape, rent-seeking, and the … the structure of corruption markets …
Persistent link: https://www.econbiz.de/10014044704
Using a panel of up to 116 countries from 1970-2010 we estimate the effects of foreign aid flows on a variety of measures of institutional quality. We find that aid flows are associated with the deterioration of both political and economic institutions. Regarding the latter, aid flows are...
Persistent link: https://www.econbiz.de/10013066104
I develop a dynamic model of forward-looking entrepreneurs, who decide whether to operate in the formal economy or informal economy and choose how much to invest in their businesses, taking government policy as given. The government has access to two policy tools: taxes on formal business...
Persistent link: https://www.econbiz.de/10012979858
of empirical studies about the relationships among entrepreneurial activity, corruption, commercial freedom, economic …, households, and NPISHs' final consumption expenditure and education on entrepreneurial activity. Corruption, unemployment, age …
Persistent link: https://www.econbiz.de/10012489416
Persistent link: https://www.econbiz.de/10014437502