In this paper we look at the impact of broad policy reforms on the levels of corruption. We use a structural break … approach to identify country specific time periods in which significant shifts in corruption levels take place. We then … equity market liberalization. We find robust support for the hypothesis that episodes of reduction in corruption levels tend …

The Transparency International Corruption Perceptions Index is a composite index with a focus on cross …

Theory predicts democracy should reduce corruption. Yet, numerous scholars have found empirically that corruption … democracy affect costs and benefits of engaging in corruption and, therefore, the level of corruption overall. Whereas other … studies examine only how democratic accountability imposes costs on those engaging in corruption and thus illuminate only the …

Corruption defined as the misuse of public power for personal gains is a forefront issue around the world, especially … in developing countries. This paper mainly assumes that corruption has negative effects on government revenues both in … results, in general, confirm the hypotheses we assume except for those associate corruption with income tax revenues (INCTR …