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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
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
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
This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies …. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a … involved into the illicit activity and, eventually, spread the corruption disease. …
Persistent link: https://www.econbiz.de/10011725698
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
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
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
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
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
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