This paper develops 30 novel quantitative indicators of grand corruption that operationalize 20 distinct techniques of … corruption in the context of public procurement. Each indicator rests on a thorough qualitative understanding of rent extraction … composite indicator of high-level corruption, the high degree of detail also reveals that many regulatory interventions have …

foreign direct investment (FDI) and corruption. The prevailing literature has produced confused and contradictory results on … this vital relationship due to errors in their measurement of corruption which are correlated with FDI inflows. When a less … biased operationalization is employed, we find clear evidence of corruption during both registration and procurement …

Although both the academic and policy communities have attached great importance to measuring corruption, most of the … indicator of grand corruption based on a wide range of elementary indicators. These indicators are derived from a rich … qualitative evidence on public procurement corruption and a statistical analysis of a public procurement data in Hungary. The …

re-election with average party votes in other municipalities and in national elections. We conclude that, even in a low-corruption …

In this paper, we argue that the answer to the question of whether the impact of corruption on development is … corruption, we are able to point out that institutions play important role in insulating citizens against the devastation caused … by corruption. Overall, through this comparison, we are able to signal that both incidental and systematic corruption …

by countries' political, institutional and legal characteristics and particularly by the level of perceived corruption in … notwithstanding, results indicate that corruption and poor institutional quality significantly interact with economic cofactors and …

for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions …, using a confidential database of firms and procurement officials investigated for corruption by Italian enforcement …, discretionary procedure auctions are associated with corruption only when conducted with fewer than the formally required number of …

corruption. We exploit the extension of one such policy, the Domestic Stability Pact (DSP), to Italian municipalities with less … extension of the DSP led to a substantial decrease in recorded corruption rates. This effect emerges only in areas in which the … naturally prone to corruptive phenomena. We also show that i) the reduction in corruption is linked to accountability incentives …

corruption. We exploit the extension of one such policy, the Domestic Stability Pact (DSP), to Italian municipalities with less … extension of the DSP led to a substantial decrease in recorded corruption rates. This effect emerges only in areas in which the … naturally prone to corruptive phenomena. We also show that i) the reduction in corruption is linked to accountability incentives …

The paper presents some empirical puzzles in the relationship between bureaucratic wages and corruption levels, and … corruption. In the presence of such multiple equilibria, the relationship between bureaucratic wages and corruption is no longer … that social welfare is decreasing in the incidence of corruption, across such equilibria …