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This paper utilizes a micro-level data set from 49 countries to address three issues: What determines corruption at the … individual level? What determines the perception of the extent of corruption in the country? Does corruption have a direct impact … corruption which portrays the extent of corruption as revealed byindividuals who live in those countries. The results show that …
Persistent link: https://www.econbiz.de/10012468233
threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …
Persistent link: https://www.econbiz.de/10012469080
In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … the conclusion that there is a strong link between round-trip investment and corruption money laundering …
Persistent link: https://www.econbiz.de/10012459644
countries with higher corruption norms, lower government control and effectiveness. Predictions of the level of counterfeiting …
Persistent link: https://www.econbiz.de/10012460489
We analyze a hand-collected sample of 166 prominent bribery cases, involving 107 publicly listed firms from 20 stock markets that have been reported to have bribed government officials in 52 countries worldwide during 1971-2007. We focus on the initial date of award of the contract for which the...
Persistent link: https://www.econbiz.de/10012460678
In this paper, we provide a new framework for analyzing corruption in public bureaucracies. The standard way to model … corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the … eradication of corruption as the final goal. We propose an alternative approach which emphasizes why corruption arises in the …
Persistent link: https://www.econbiz.de/10012460691
level of corruption and the preferences of capital suppliers explain a significant portion of the variation in leverage and …
Persistent link: https://www.econbiz.de/10012462212
by customs authorities in exporting countries. We find that this reporting gap is highly correlated with the corruption … studying trade in illicit goods. Further, our results provide empirical confirmation that survey-based corruption indicies are …
Persistent link: https://www.econbiz.de/10012465203
are desperate, vulnerable, or demanding services particularly prone to corruption. The effect is strongest for bribery of …
Persistent link: https://www.econbiz.de/10012466176
have smaller welfare-state programs and less corruption. Other results present puzzles for future research: the adjustment …
Persistent link: https://www.econbiz.de/10012470510