We use the HOSV model of trade to find out a link between corruption and the pattern of trade, not just its effect on … the volume of trade. We prove that greater corruption in labor-abundant countries will restrict the volume of world trade … transaction cost of corruption. Relatively corrupt economy will export capital-intensive goods. However, relatively capital …

This paper investigates the effect of corruption on trade openness in low-income and high-income countries. The results … suggest corruption is anti-labor, since it reduces trade in low-income countries and increases trade in high-income countries. …

This paper investigates the effect of corruption on trade openness in low-income and high-income countries. The results … suggest corruption is anti-labor, since it reduces trade in low-income countries and increases trade in high-income countries. …

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe (tax), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …

community and formal enforcement, while corruption undermines it. We discuss how community can play an important role in a …