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are desperate, vulnerable, or demanding services particularly prone to corruption. The effect is strongest for bribery of … likely than non-victims to bribe public officials. Misfortune increases victims' demand for public services, raising bribery … the police, where the increase in bribery comes principally through increased use of the police. For the judiciary the …
Persistent link: https://www.econbiz.de/10005504493
This study is the first to provide a systematic measure of bribery using micro-level data on reported earnings …-reported compensation in the public sector. Using the conditions of labour market equilibrium, we develop an aggregate measure of bribery … and find that the lower bound estimate of the extent of bribery in Ukraine is between 460m and 580m U.S. dollars (0 …
Persistent link: https://www.econbiz.de/10005791634
Which of the democratic checks and balances – opposition parties, the judiciary, a free press – is the most critical? Peru has the full set of democratic institutions. In the 1990s, the secret-police chief Montesinos systematically undermined them all with bribes. We quantify the checks...
Persistent link: https://www.econbiz.de/10005791801
: doubling household consumption increases the bribery probability by 0.2-0.4 percentage points in Peru, compared to a bribery … rate of 0.8%; doubling household expenditure in Uganda increases the bribery probability by 1.2 percentage points compared … to a bribery rate of 17%. The income elasticity of the bribe amount cannot be precisely estimated in Peru, but is about 0 …
Persistent link: https://www.econbiz.de/10005114349
politician corruption that we conducted in North India is remarkably consistent with our theoretical predictions. …
Persistent link: https://www.econbiz.de/10005123795
sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs …-run performance, but also infl ates their acquisition prices, and lowers their acquirers' overall profits. Patent law usefulness …
Persistent link: https://www.econbiz.de/10009643508
Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the motivations to invent, and the actual use and...
Persistent link: https://www.econbiz.de/10005124480
measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment … impact on patent count at industry level, and this impact is larger than that of R&D expenditures. We confirm that this … and material. Therefore, our finding suggests that, at industry level, VC investment increases the patent propensity but …
Persistent link: https://www.econbiz.de/10005136420
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …
Persistent link: https://www.econbiz.de/10008865973
This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …. Innovative areas in China, rather than generate knowledge spillovers, seem to produce strong backwash effects. In India, by …
Persistent link: https://www.econbiz.de/10011083752