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. The indicators of institutional quality are corruption, bureaucratic quality and the rule of law. We find that reducing … corruption has a positive impact on genuine saving in interaction with resource abundance. That is, the negative effect of … resource abundance on genuine saving is reduced as corruption is reduced. …
Persistent link: https://www.econbiz.de/10010745011
This paper investigates how corruption affects firrm behavior. Firms can engage in two types of corruption when seeking … a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and … corruption by adjusting their shipping and sourcing strategies. "Collusive" corruption is associated with higher usage of the …
Persistent link: https://www.econbiz.de/10010745127
tariff evasion on imported goods. This is however partially offset by the displacement of corruption into other firms of … of corruption. I then provide suggestive evidence on how these displacement affects can be economically costly given that … in the design of trade and anti-corruption policies. …
Persistent link: https://www.econbiz.de/10010745888
corruption play a role for the success of such lobbying? In this paper, we propose that a more corruptible government may be more … activity raises the probability of ratification, and the effect rises with the degree of corruption. …
Persistent link: https://www.econbiz.de/10010746258
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10010746388
could be, but, to the great extent, it isn't. In this paper, the authors formulate a thesis that the corruption scandals of … anti-corruption policies of Fortune Global 500 companies, which seems to be evidence for their following the 10th Global …
Persistent link: https://www.econbiz.de/10010747070
We examine factors affecting entry and contribution to an association that provides different goods using social capital formed by heterogeneous firms in a political economy environment. We model and solve a game that explains investments to form social capital within associations and determine...
Persistent link: https://www.econbiz.de/10010747649
Purpose –The purpose of this paper is to focus specifically on the role of corruption in affecting financial markets …. Recently, there are several studies that examine how one country’s level of corruption might affect asset prices in other … countries. The aim of this article is to summarize how corruption may affect the bond and stock markets. Design …
Persistent link: https://www.econbiz.de/10010747812
culture and corruption control. …
Persistent link: https://www.econbiz.de/10010748091
human development, the level of perception of corruption and economic freedom in the economic environment of the two …
Persistent link: https://www.econbiz.de/10010787794