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To our knowledge, there is no micro-level study paying attention to the influence of corruption on firm growth. We aim … corruption and firm growth in a single country, Turkey. To estimate the relationship between firm growth and corruption, we … techniques. The study find evidence that the effect of corruption level, profitability and financial leverage on the growth of …
Persistent link: https://www.econbiz.de/10010766142
This study shows that for firms in the Latin America and Caribbean region, bribery significantly distorts firm growth. Firms that were solicited for bribes when conducting business transactions – such as applying for permits, electricity, or water connections – have 23% lower annual sales...
Persistent link: https://www.econbiz.de/10011052853
Corruption is one of the most pervasive obstacles to economic and social development. However, in the existing … literature it appears that corruption seems to be less harmful in some countries than in others. The most striking examples are … well known as the “East Asian paradox”: countries displaying exceptional growth records despite having thriving corruption …
Persistent link: https://www.econbiz.de/10011065757
collection process. We examine the effect of fiscal policy and corruption control mechanisms on the prevalence of tax evasion and … corruption behaviour, and their impact on firm growth and social welfare. We first model a situation where bureaucrats are … government can set an optimal tax rate and put in place a corruption control mechanism involving detection of corrupt bureaucrats …
Persistent link: https://www.econbiz.de/10005677352
Persistent link: https://www.econbiz.de/10005037378
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corruption, the features of electoral cycles. The paper discusses both theory and evidence, and concludes with some speculations …
Persistent link: https://www.econbiz.de/10005406326
when the government is more stable. Corruption is associated with less spending in developing countries, but with more … corruption are fundamental to improving the capacity of developing countries to scale up GHE, and to increasing the efficiency of … stronger monitoring mechanisms for corruption. Delivering aid through NGOs may be an option in countries with high ethnic …
Persistent link: https://www.econbiz.de/10010829325
decentralization and corruption in ex- plaining growth. Within an endogenous growth model, we analyze the problem of a benevolent … expenditures. With respect to the benchmark case, then, the possibility of corruption yields both a distorted allocation of …
Persistent link: https://www.econbiz.de/10010932922
The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption. …
Persistent link: https://www.econbiz.de/10005013051