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Although both the academic and policy communities have attached great importance to measuring corruption, most of the currently available measures are biased and too broad to test theory or guide policy. This article proposes a new composite indicator of grand corruption based on a wide range of...
Persistent link: https://www.econbiz.de/10010235248
This paper develops 30 novel quantitative indicators of grand corruption that operationalize 20 distinct techniques of corruption in the context of public procurement. Each indicator rests on a thorough qualitative understanding of rent extraction from public contracts by corrupt networks as...
Persistent link: https://www.econbiz.de/10010209048
The study analyzes the reliability of corruption risk indicators using Hungarian public procurement data, specifically focusing on EU-funded contracts associated with a cartel case revealed by the Hungarian Competition Authority (HCA) in 2016. The investigation aims to determine whether...
Persistent link: https://www.econbiz.de/10014454615
Public procurement, one of the largest areas of public spending worldwide, gives public officials wide discretion. It is therefore unsurprising that it is also one of the government functions most often vulnerable to corruption. While there have been many qualitative accounts of high-level...
Persistent link: https://www.econbiz.de/10013044528
Although both the academic and policy communities have attached great importance to measuring corruption, most of the currently available measures are biased and too broad to test theory or guide policy. This article proposes a new composite indicator of grand corruption based on a wide range of...
Persistent link: https://www.econbiz.de/10013075470