This paper evaluates the extent of regulation in a democracy with corruption. Elected politicians can restrict entry of … reelect politicians based on observed performance. We demonstrate that voters agree to tolerate corruption and inefficient …

An economy is considered where a possibility to seek rents (a particular case of this activity is corruption) exists … low corruption the direct law enforcement is beneficial for growth, and reduces the shadow sector. However, in the highly … corrupt economy, combating the shadow economy reduces output and increases corruption, while combating corruption reduces the …

Can corruption improve economic efficiency? Scholars making economic policy recommendations to resolve corruption … accepting corruption operate, as well as explaining the importance of the agents for the survival of their environment. The rent … from the early period of transition in the Czech and Slovak Republics to support the implication that the corruption …

politicians may have to engage in political corruption and management. The presence of a well-informed electorate in a democratic … setting explains between one half and two thirds of the variance in the levels of governmental performance and corruption …

With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …

It has been argued that greater transparency is needed to reduce corruption. One way of increasing transparency is … experiment to determine their effect on corruption. Using a sample of democratic countries and two different corruption indices …, I find that countries that adopted FOI laws saw an increase in corruption. Results are robust throughout different …