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ineffective standard anti-corruption practices, such as whistle-blowing protection policies. We highlight that closing the …
Persistent link: https://www.econbiz.de/10012220065
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
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Corruption has causal impacts on economic and social development indicators. The discussion on this issue is widely … system. The objective of this study is to analyze the causality of corruption, poverty, and economic growth among ASEAN … results show that statistically, both of economic development indicators have a significant effect to corruption, while each …
Persistent link: https://www.econbiz.de/10012824031
This paper aims to explain the mitigated causality nexus between corruption and inflation. For that, we apply a panel … vector autoregression model on a large sample of 180 countries over the period 1996-2014. Using two corruption indexes and … subsamples estimations, results provide evidence that the inflation-corruption nexus is bi-directional. The causal effect is more …
Persistent link: https://www.econbiz.de/10012976864
from 1970-2013, taking into account structural breaks. To better reflect causality, corruption and trade are included as … causal direction. Our estimation results suggest GDP growth has one cointegrating vector relationship with corruption, EU aid … to GDP growth and a short-run unidirectional causal relationship from trade to GDP growth. Corruption (which is a …
Persistent link: https://www.econbiz.de/10013012082
(FLFP) on corruption. Employing plow usage as an instrumental variable, an increase in FLFP by one standard deviation is … suggested to improve the Corruption Perceptions Index (CPI, ranging from zero to ten) by 0.52 points. This effect is stronger …
Persistent link: https://www.econbiz.de/10012995774
The paper explains theoretical framework of how corruption hurts economic growth and reveals its application … difficulties. Comparing views on corruption in terms of the problem of agency and the problem of rent-seeking we argue that … corruption in general is the problem of legal setting and its enforcement and, if badly established, it does not promote economic …
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