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Vikings in Greece : Kleptocratic Interest Groups in a Closed, Rent-Seeking Economy

Mitsopoulos, Michael S. - 2013

Last December, downtown Athens experienced three nights of street battles, arson, and looting that became headlines in the international press. We argue that the reasons for this extreme social turbulence are related to the regulatory and institutional rigidities that still prevail in Greece's...

Persistent link: https://www.econbiz.de/10013082364

Resource Rents, Democracy and Corruption : Evidence from Sub-Saharan Africa

Arezki, Rabah - 2013

We examine the effect of the interaction between resource rents and democracy on corruption for a panel of 29 Sub …-Saharan countries during the period from 1985 to 2007. We find that higher resource rents lead to more corruption and that the effect is … suggest that the mechanisms through which resource rents affect corruption cannot be separated from political systems …

Persistent link: https://www.econbiz.de/10013092386

Horizontal and Vertical Conflict : Experimental Evidence

Galiani, Sebastian - 2016

Two types of political conflicts of interest pervade many of the world's societies. A horizontal conflict of interest arises when different constituencies support different policies, while a vertical conflict of interest emerges when those in charge of running the government acquire and retain...

Persistent link: https://www.econbiz.de/10013002429

Bureaucratic Rents and Life Satisfaction

Luechinger, Simon; Meier, Stephan; Stutzer, Alois - 2021

correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tame bureaucracy …

Persistent link: https://www.econbiz.de/10013317746

Corruption, Public Procurement, and the Budget Composition: Theory and Evidence from OECD Countries

Hessami, Zohal - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2013

This paper examines the relationship between corruption and the composition of public expenditures. First, I derive a … theoretical model that links the degree of corruption in a country - to be understood as the prevailing culture of corruption - to … corruption. This distortion occurs at the expense of spending categories that do not involve public procurement (social …

Persistent link: https://www.econbiz.de/10010883489

Rent-Seeking Russia

Levin, M.; G. Satarov. - In: VOPROSY ECONOMIKI 1 (2014)

The Russian economy is in transition period "from plan to market", which is characterized by immature institutions and expansion of rent-seeking behavior. In this article, the authors consider rent as a?possible excess return above the minimum income needed to encourage an agent to implement the...

Persistent link: https://www.econbiz.de/10010904733

Is Bribery a Good Way to Improve Efficiency in Law Enforcement?

Otáhal, Tomáš - In: Acta Oeconomica Pragensia 2011 (2011) 6, pp. 65-79

The economic theory of the last decades deals with how certain models of institutions and incentives could improve the coordination of individual actions in society. Setting rules regulating relationships between economic agents is considered as the key requirement of such coordination....

Persistent link: https://www.econbiz.de/10009397077

Public Procurement and Rent-Seeking: The Case of Paraguay

Auriol, Emmanuelle; Flochel, Thomas; Straub, Stéphane - Toulouse School of Economics (TSE) - 2011

predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …

Persistent link: https://www.econbiz.de/10009369360

Concealed Ownership of Contractors, Manipulation of Tenders and the Allocation of Public Procurement Contracts

Palguta, Jan - Center for Economic Research and Graduate Education and … - 2014

This study provides evidence of a strong link between two channels facilitating rentextraction in public procurement: between concealing the ultimate ownership of contractors and manipulation of the anticipated value of tenders. Using data on more than 15 300 tenders awarded to joint-stock...

Persistent link: https://www.econbiz.de/10010842890

Enforcement and Public Corruption : Evidence from US States

Alt, James E.; Lassen, David Dreyer - 2010

We use high-quality panel data on corruption convictions, new panels of assistant U.S. attorneys and relative public … greater prosecutor resources result in more convictions for corruption, other things equal. We find more limited, recent … previously identified correlates and causes of corruption. By explicitly determining the allocation of prosecutorial resources …

Persistent link: https://www.econbiz.de/10014191902