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The predictions that economic freedom is beneficial in reducing corruption have not been found to be universally robust …-country variations of the microfounded economic freedom-corruption relationship using multilevel models. Additionally, we analyze this … relationship by disentangling the determinants for several components of economic freedom because not all areas affect corruption …
Persistent link: https://www.econbiz.de/10008560048
The aim of this paper is to analyze the effect of corruption in bank lending. Corruption is expected to hamper bank …. Nevertheless the similarities between the consequences for bank lending of law enforcement and corruption are misleading, as they … consider only judiciary corruption. Corruption can also occur in lending and may then be beneficial for bank lending via bribes …
Persistent link: https://www.econbiz.de/10005771115
risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of …
Persistent link: https://www.econbiz.de/10014512142
Corruption is one of the world’s most widespread political problems. It can be found on international, national and sub … a micro level measure of corruption based on the personal experiences of individuals, which realistically represents the … African countries that contains information of more than 50,000 citizens. Corruption is found being negatively correlated with …
Persistent link: https://www.econbiz.de/10013246910
empirically investigate the direct and joint effects of export regulations, credit markets and corruption in explaining exporting … exports and OFDI. The findings also show that corruption can have different implications for exports and OFDI. The … interactions of corruption with export regulations and credit markets reveal some unexpected and counter-intuitive results …
Persistent link: https://www.econbiz.de/10013213912
American governors acquire enhanced regulatory and decision-making powers for economic development, the prevalence of statewide business scorecards and other factors are prompting voters to make these politicians and their agents responsible for the financial well-being of their states....
Persistent link: https://www.econbiz.de/10011205883
This paper investigates the impact of social-network connections to politicians on firm value. We focus on the networks of university classmates and alumni among directors of U.S. public firms and congressmen. Using the Regression Discontinuity Design based on close elections from 2000 to 2008,...
Persistent link: https://www.econbiz.de/10009385848
The goal of this paper is to show how institutional and procedural characteristics affect the final price of the public procurement. In order to get comparable prices, only public procurement of homogeneous goods is analyzed. Presented model attempts to explain the variation in unit price as a...
Persistent link: https://www.econbiz.de/10010827801
. (2017) our main findings are the following: i) countries experiencing a high degree of corruption, a high risk to investment … evidence for a threshold effect on the relationship between investment profile-RER, corruption-RER and political instability …-RER. Specifically, political instability and corruption adversely affect real exchange rate especially when they exceed the threshold …
Persistent link: https://www.econbiz.de/10012018134
The goal of this paper is to show how institutional and procedural characteristics affect the final price of the public procurement. In order to get comparable prices, only public procurement of homogeneous goods is analyzed. Presented model attempts to explain the variation in unit price as a...
Persistent link: https://www.econbiz.de/10010322311