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We propose a methodology for gravity models which overcomes weakness of institutional distance measures identified in international business literature (Shenkar, 2001). Our methodology is based on combination of the distance approach with cluster analysis of states according to their...
Persistent link: https://www.econbiz.de/10011576504
industrialized world. Several scholars argue that corruption is one of the major obstacles to increase tax revenues but focus on … perceived corruption and remain on the macro-level. This study uses mirco-level data from the Afrobarometer survey wave 5 and … thus relates personal corruption experiences to tax morale. The nationally representative survey includes information about …
Persistent link: https://www.econbiz.de/10011338193
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This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong … incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty … towards the powers that be; thus corruption is a method of governance. We trace the systemic corruption back to the Mongolian …
Persistent link: https://www.econbiz.de/10011789215
, corruption of public officers, inefficiency of the labour judicial system). Provinces with better access to neighbouring … subjects, fewer corruption episodes and lower presence of organized crime should also be associated with higher flows of FDIs … projects, implying the investment of higher volumes of money. Similarly, higher levels of corruption are associated with larger …
Persistent link: https://www.econbiz.de/10011514693
in investment between really decentralized and other firms declines as corruption grows. Empirical research presented in … institutions, such as that of Russia. However, as the role of non-market factors (such as corruption) in firms' prosperity …
Persistent link: https://www.econbiz.de/10011894265
corruption-friendly setting caused by a weak institutional framework. We argue that corrupt elites exploit this given … corruption. …
Persistent link: https://www.econbiz.de/10010373798
Large-scale land acquisitions often take place in developing countries which are also known for their corruption …-friendliness caused by weak institutional frameworks. We hypothesize that corruption indeed leads to more land deals. We argue that … corrupt elites exploit poor institutional setups (characterized by corruption) to strike deals with domestic and international …
Persistent link: https://www.econbiz.de/10010475338
In this paper, we revisit the relationship between economic growth and exchange rate misalignments, especially undervaluations. In particular, we ask which countries benefit from undervaluations at most, and whether the impact of undervaluations on growth depends on institutional quality as...
Persistent link: https://www.econbiz.de/10012261830