The article studies dependence between the level of corruption and volume of direct foreign investment a country can … enjoy. Upon testing several hypothesis (the basic - there is a correlation between the level of corruption and volume of … direct foreign investments in the same year; and additional assumptions - there is a time lag between the level of corruption …

of capital market modernization and corruption to explain the widely varying GDP growth figures for each time frame and …

The literature on economics of corruption is lacking in evidence on consumer responses to identifiable scandals. The …

containing individual responses to questions on crime and corruption along with information on the respondents' characteristics … of corruption while females are of serious crime, older individuals and those living in the smaller towns are less … exposed to crime and corruption, increasing levels of income and education increase the likelihood of crime and bribe …

works to create a possible wedge between a perception-based ranking like the “Corruption Perception Index (CPI) ” and the … axiomatic “absolute costs of corruption”-based ranking of economies with low enforcement against corruption. Design …/methodology/approach – The paper takes into account corruption both at the “high” and “low” levels of bureaucracies, where the bribes are paid …

The paper studies the interplay between corruption and social trust, using data from a lab experiment. Subjects play … negative spillover effect of corruption on trust, but not vice-versa, and the effect increases with a decrease in social …

In this paper, we study the evolution of corruption patterns in 27 post-communist countries during the period 1996 …-2012 using the Control of Corruption Index and the corruption category Markov transition probability matrix. This method allows … us to generate the long-run distribution of corruption among the post-communist countries. Our empirical findings suggest …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … corruption, high inflation due partly to reliance on seigniorage to finance public spending, and lacklustre growth. Using annual …