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Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...
Persistent link: https://www.econbiz.de/10005635365
In recent years the topics of illegal activities such as corruption or tax evasion have attracted a great deal of …
Persistent link: https://www.econbiz.de/10005226977
This paper provides a simple model of repeated extortion. In particlar, we ask whether corrupt government official' ex post opprtunism to demand more once enterpreneurs have made sunk investments entails further distortion in resource allocations.
Persistent link: https://www.econbiz.de/10005227092
The paper develops a theoretical model showing a mutual relationship between corruption and capital account … restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel … data for 112 countries over the period 1984-2002 and find that corruption and restrictions are indeed mutually determined …
Persistent link: https://www.econbiz.de/10005227325
. Thus, they run counter to effective anti-corruption. It is argued that other instruments are more suitable for preventing … corruption. …
Persistent link: https://www.econbiz.de/10005227723
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10005230786
Corruption in the forest sector of Swat, Pakistan is impairing the sustainable management of forest. We analyze … corruption in a case study setting against the backdrop of the reform options that are most often cited as possible solutions. As … environment is weak. Since countrywide overhaul of corruption through sweeping reform programs, the other reform approach, is a …
Persistent link: https://www.econbiz.de/10005230807
, the paper goes beyond previous studies investigating also the impact of geographic identification, corruption and … globalization. We find that a higher level of (perceived) corruption reduces the trust in the UN in developed countries, but …
Persistent link: https://www.econbiz.de/10005230873
In this paper we propose an answer for the question: why, sometimes, people don´t perceive corruption as a crime? To …
Persistent link: https://www.econbiz.de/10005466577
Persistent link: https://www.econbiz.de/10005467393