Showing 211 - 220 of 787
Corruption is believed to be a major factor impeding economic development, but the importance of legal enforcement versus cultural norms in controlling corruption is poorly understood. To disentangle these two factors, we exploit a natural experiment, the stationing of thousands of diplomats...
Persistent link: https://www.econbiz.de/10012761322
Persistent link: https://www.econbiz.de/10012798415
Traditional explanations for indirect trade carried out through an entrepocirc;t have focused on savings in transport costs and on the role of specialized agents in processing and distribution. We provide an alternative perspective based on the possibility that entrepocirc;ts may facilitate tariff...
Persistent link: https://www.econbiz.de/10012757094
Tax evasion, by its very nature, is difficult to observe. We quantify the effects of tax rates on tax evasion by examining the relationship in China between the tariff schedule and the quot;evasion gap,quot; which we define as the difference between Hong Kong's reported exports to China at the...
Persistent link: https://www.econbiz.de/10012757250
We document the market response to an unexpected announcement of proposed sales of government-owned shares in China. In contrast to the quot;privatization premiumquot; found in earlier work, we find a negative effect of government ownership on returns at the announcement date and a symmetric...
Persistent link: https://www.econbiz.de/10012759554
We empirically analyze the illicit trade in cultural property and antiques, taking advantage of different reporting incentives between source and destination countries. We thus generate a measure of illicit trafficking in these goods based on the difference between imports recorded in United...
Persistent link: https://www.econbiz.de/10012759789
We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP was unexpectedly defeated by a less reformist coalition. Stock prices of government-controlled companies that had been slated for definite privatization by the BJP dropped by 3.5...
Persistent link: https://www.econbiz.de/10012759805
This paper theoretically and empirically analyzes the effect of strengthening intellectual property rights in developing countries on the level and composition of industrial development. We develop a North-South product cycle model in which Northern innovation, Southern imitation, and FDI are...
Persistent link: https://www.econbiz.de/10012760176
Audits are a standard mechanism for reducing corruption in government investments. The quality of audits themselves, however, may be affected by relationships between auditor and target. We study whether provincial chief auditors in China show greater leniency in evaluating prefecture...
Persistent link: https://www.econbiz.de/10012481989
The benefits of bureaucratic discretion depend on the extent to which it is used for public benefit versus exploited for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions, using a confidential database of firms and procurement...
Persistent link: https://www.econbiz.de/10012482428