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Corruption is hidden action which distorts allocations of resources away from competitive outcomes. Hence the detection …. In recent years the sport of cricket, which records a huge volume of statistics, has been beset by a number of corruption … whether corruption manifests itself in recorded out comes. We nd that corruption does aect a number of observed outcomes in …
Persistent link: https://www.econbiz.de/10011086467
A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth.We present a model, a laboratory experiment, and a simple cross-country regression supporting this view.We model an economy with an unequal distribution of property rights, in which...
Persistent link: https://www.econbiz.de/10011091093
Corruption at central banks induces distorted policies by generating a tendency to increase inflation. An inflation …
Persistent link: https://www.econbiz.de/10010980758
The objectives of government are pivotal to understanding the diverse negative effects of corruption on public welfare …. Corruption renders governments unable or unwilling to maximize welfare. In the first case, it distorts agents decisions and …
Persistent link: https://www.econbiz.de/10010980793
Corporation (MCC) was successful in promoting better control of corruption. We employ a difference … corruption over time. We conclude that - if designed properly - conditionality can work. …
Persistent link: https://www.econbiz.de/10010980805
To solve the corruption problem, its root causes should first be diagnosed and factors supporting it should be …, thereby increasing corruption. Even worse, there are 'spurious' intermediaries who obtain bribes from public services by …
Persistent link: https://www.econbiz.de/10010983165
This paper reports on an experiment of corruption that was conducted in two treatments: one with the possibility of … detection and one without. It turns out that monitoring reduces corruption through deterrence; at the same time, it destroys the … intrinsic motivation for honesty. Thus the net effect on overall corruption is a priori undetermined. We show that the salary …
Persistent link: https://www.econbiz.de/10010984243
This article investigates the relationship between corruption and firm performance in Greece using firm level data …. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of … ‘administrative corruption’, whereby firms engage in corrupt practices and bribery of government officials. We contrast the firm …
Persistent link: https://www.econbiz.de/10011200093
corruption on productivity. Corruption is narrowly defined as the occurrence of informal payments to government officials to ease … particular, in countries where corruption is more prevalent and the legal framework is weaker, bribery is more harmful for firm …
Persistent link: https://www.econbiz.de/10011202943
specific attitudes regarding the acceptance of corruption. The dataset on which our study is based was collected by the World … attitudes towards corruption and religion are associated given certain societal and institutional contexts. Our results show … that although there is a negative and statistically significant effect of religiosity on the acceptance of corruption on …
Persistent link: https://www.econbiz.de/10011202944