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This paper reviews the theories of corruption in regulated sectors to further understand the impact of corruption and … attempt to draw out some of the broader lessons that can be learnt for anti-corruption policy in general. …
Persistent link: https://www.econbiz.de/10008683530
By using three corruption indices, six privatization indicators, and taking the endogeneity problem into consideration …, we test the hypothesis that privatization contributes to a decrease in corruption in transition economies. We identified … a highly statistically significant and negative association between privatization and corruption in transition economies …
Persistent link: https://www.econbiz.de/10008691433
whistle on corruption. We demonstrate in a simple game-theoretical model how murders can serve as an enforcement mechanism of … through three periods, we find that corruption is strongly related to the incidence of murders on journalists in countries …
Persistent link: https://www.econbiz.de/10008861933
only for a subset of trade policy measures. In addition, they find that income inequality and country-level corruption … appear to be important determinants of trade policy. For various measures of trade protection, it appears that corruption … capital-abundant countries. This finding suggests that corruption, among other factors, may move trade policy away from the …
Persistent link: https://www.econbiz.de/10008862196
predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …
Persistent link: https://www.econbiz.de/10008865969
In this paper, we focus on the economic research of corruption. In the first part, we define corruption, types of … corruption, its factors and ways to measure it. This section brings together various definitions by notable authors of this …, typologies and factors already researched by acclaimed authors. In the second part, we focus on the channels by which corruption …
Persistent link: https://www.econbiz.de/10008866064
corruption in every sector is remarkably high. Stifling bureaucratic interference and corruption at every stage of economic … governance allowing substantial corruption in the system. Based on a study of 20 Indian states, we empirically show that higher … corruption increases level of employment in the informal sector. Further, our analysis also shows that for higher levels of …
Persistent link: https://www.econbiz.de/10008868134
The aim of present paper is to investigate the effect of corruption on financial development in Pakistan by using ARDL … VECM granger causality approach. Our empirical findings indicate that corruption promotes financial development. Causality … analysis reveals that corruption and financial development are complementary. …
Persistent link: https://www.econbiz.de/10008871157
rate. This effect was approximately three times larger for males than for females. It follows that corruption has a …
Persistent link: https://www.econbiz.de/10008871206
This paper considers the complementary effect of corruption and military spending on economic growth, analyzing both … of public spending, corruption and economic growth. The main findings of the empirical analysis confirm the expectation … that corruption and military burden lower the growth rate of GDP per capita. They also suggest that when the the …
Persistent link: https://www.econbiz.de/10008871257