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How Do Institutions Affect Corruption and the Shadow Economy?

Dreher, Axel; Kotsogiannis, Christos; McCorriston, Steve - 2005

corruption. It shows that an improvement in institutional quality reduces the shadow economy and affects the corruption market …. The exact relationship between corruption and institutional quality is, however, ambiguous and depends on the relative … effectiveness of the institutional quality in the shadow and corruption markets. The predictions of the model are empirically tested …

Persistent link: https://www.econbiz.de/10014066711

Fighting corruption with asymmetric penalties and leniency

Lambsdorff, Johann; Nell, Mathias - 2007

Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...

Persistent link: https://www.econbiz.de/10010300175

Partial least squares and principal component analysis with non-metric variables for composite indices

Yoon, Jisu - 2015

Ein zusammengesetzter Index ist eine aggregierte Variable, die aus individuellen Indikatoren und Gewichten besteht, wobei die Gewichte die relative Wichtigkeit jedes Indikators darstellen. Zusammengesetzte Indizes werden oft benutzt um latente Phänomene zu schreiben oder komplexe Informationen...

Persistent link: https://www.econbiz.de/10011349612