Corruption and Shadow Economies: Some New Results
|
|
- Ralf Dickerson
- 5 years ago
- Views:
Transcription
1 Prof. Dr. Dr.h.c.mult. Friedrich Schneider Department of Economics Johannes Kepler University of Linz A4040 LinzAuhof ShadEconomyCorruption_short.ppt Phone: Fax: Corruption and Shadow Economies: Some New Results June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 1
2 Outline 1 Introduction: Statements about Corruption and the Shadow Economy 2 Some Theoretical Considerations about Corruption and the Shadow Economy 3 Interactive Effects between Corruption and the Shadow Economy 4 Summary and Conclusions June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 2
3 1. Introduction Statements about the Shadow Economy and Corruption (1) Corruption as well as the shadow economy are hot scientific and political topics around the world. (2) Numerous political statements that corruption as well as the shadow economy cause severe damages on the official economy. (3) Unfair (Ruineous) competition between the enterpreneurs working in the shadow economy or being corrupt and the ones working in the official economy and being honest! (4) Mostly only one common policy measure: increase effective punishment to get rid of corruption and the shadow economy. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 3
4 1. Introduction (5) The World Bank estimates the size of corruption for the year 2006 of 1,300 (approx. 1.4% of World GDP) and in 2007 of 1,400 (approx. 1.5% of World GDP) billion dollars. (6) The average size of the shadow economy accounts for 39% (of official GDP) in the year 2006/07 in 86 developing countries and in 40% in 25 transition countries and 14% in 21 highly developed OECD countries. (7) Aim of this presentation is an empirical investigation about the importance and interaction of the shadow economy and corruption. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 4
5 2. Some theoretical considerations about the Shadow Economy and Corruption 2.1. Definition of Corruption Corruption is commonly defined as the misuse of public power for private benefit. The term private benefit relates to receiving money or valuable assets. Public power is exercised by bureaucrats, appointed to their office, and by politicians. Corruption can also happen in large (private) corporations/firms (e.g. in Germany Siemens, VW). June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 5
6 2. Some theoretical considerations about Corruption and the Shadow Economy 2.2. The Definition of the Shadow Economy (i) The shadow economy includes all legal production and provision of goods and services that are deliberately concealed from public authorities for the following four reasons: (1) To avoid payment of income, value added or other taxes, (2) To avoid payment of social security contributions, (3) To avoid having to meet certain legal standards such as minimum wages, maximum hours, safety standards, etc., and (4) To avoid complying with certain administrative procedures, such as completing statistical questionnaires or other administrative forms. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 6
7 2. Some theoretical considerations about the Shadow Economy and Corruption 2.2. The Definition of the Underground and Informal Household Economy (ii) (iii) (iv) Underground (classical crime) activities are all illegal actions that fit the characteristics of classical crime activities like burgarly, robbery, drug dealing, etc. Informal household economy consists of household enterprises that are not registered officially under various specific forms of national legislation. These two sectors ((ii) classical crime and (iii) household production) are not included in the shadow economy activities. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 7
8 2. Some theoretical considerations about the Shadow Economy and Corruption Figure 2.2.1: The size of corruption Corruption Index (Transparency International), Year 2006 CPI bis 10 (8) 8bis 9 (5) 7bis 8 (7) 6bis 7 (6) 5bis 6 (8) 4 bis 5 (14) 3 bis 4 (19) 2 bis 3 (17) 1bis 2 (6) k.a. (126) Source: Transparency International, Berlin June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 8
9 2. Some theoretical considerations about the Shadow Economy and Corruption Figure 2.2.2: The size of the shadow economy (in % of GDP) worldwide Year 2006/07 in % des BIP 0 bis 15 bis bis Quelle: Schneider (2007) June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 9
10 3. Interactive Effects between Corruption and the Shadow Economy Corruption leads to (1) lower investment with the consequences of lower GDP growth, (2) misallocation of resources, especially of educated people again lower GDP growth, (3) reduction of (foreign) aid flows, again lower GDP growth, (4) loss of tax revenues lower public infrastructure lower GDP growth, and (5) lower quality of state institutions and less effective court and police system. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 10
11 3. Interactive Effects between Corruption and the Shadow Economy Hypotheses about the Interaction between Corruption and the Shadow Economy Theoretically, corruption and the shadow economy can be either complements or substitutes: (1) The model of Dreher et. al (2004) and RoseAckermann (1997) show that corruption and shadow economy are substitutes in the sense that the existence of the shadow economy reduces the propensity of officials to demand grafts. (2) To the contrary Johnson et al. (1997) and Thum (2005) model corruption and the shadow economy as complements. (3) Hindriks et al. (1998) also conclude that the shadow economy is a complement to corruption, as the tax payer colludes with the inspector so that the inspector underreports the tax liability of the tax payer in exchange for a bribe. (4) Dreher and Schneider (2006) hypothesize: Hypothesis 1: In low income countries, shadow economy activities and corruption are complements. Hypothesis 2: In high income countries, shadow economy activities and corruption are substitutes. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 11
12 3. Interactive Effects between Corruption and the Shadow Economy Table 3.1: Beta coefficients for OLS regressions of the Relationship between the Shadow Economy and Corruption Dependent Variable Shadow Economy Corruption Independent Variable Corruption Shadow Economy All High All Low High ICRG index of corruption Cross Section 0.47 (3.57***) Panel, fixed effects 0.12 (2.63**) 0.10 (1.98**) 0.98 (2.88***) 1.32 (2.7***) Panel, random effects 0.10 (4.81***) 0.16 (2.64***) TI index of corruption Cross Section 0.25 (2.35**) World Bank Index of corruption Cross Section 0.17 (2.76**) DKM index corruption Cross Section 0.29 (1.77*) 0.36 (2.49**) Notes: * denotes significant at 10% level; ** significant at 5% level; *** significant at 1% level June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 12
13 4. Summary and Conclusions 4.1 General Finally to conclude what do we really know? (1) A shadow economy is a complex phenomenon, which is present overall in the world with an average size of 34.3% of off. GDP for 145 countries (unweighted average) for 2004/2005. (2) The worldwide extent of corruption was 1,000 bill.$ in 2004 (Kaufmann, World Bank, 2005). June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 13
14 4. Summary and Conclusions 4.1 General (cont.) (3) In summary there is empirival evidence that going underground is an alternative preliminary to corruption in high income countries (substitutive relationship) while corruption and the shadow economy are complements in countries with low and middle income. However, the results depend to some extent on how the regressions are specified and how corruption is measured. (4) Only if it is attractive to additionally engage in the official economy and/or if corruption is strictly prosecuted, then, on the one hand, shadow economy activities will be transferred into the official economy, and on the other hand, it will be either too risky to be corrupt or it will no longer be worthwhile. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 14
15 4. Summary and Conclusions 4.2 Conclusions for Austria Damage caused by corruption in billion Euro This means that the GNP of Austria in the year 2007 would be 23 billion Euro higher in the absence of corruption. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 15
16 4. Summary and Conclusions 4.3 Conclusions for Germany The damage due to corruption for the German Economy: Year Forecast 2008 Damage in bill CPI Transparency Index 8,2 8,2 8,0 7,8 7,6 Assumption: Decrease of the CPI by 0.2 percentage points; i.e. an increase of corruption Source: Own calculations. Without corruption the German GDP in 2007 would be higher by 275 bill.. The damage is primary caused by a decrease of productivity, increase of bankrupty of honest firms, which did not get the contract due to corruption. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 16
17 4. Summary and Conclusions 4.3 Conclusions for Germany (1) If corruption could be reduced, e.g. by increasing the CPI (value 10 = no corruption and value 0 = highly corrupt country) to the value 2004 (up to 8.2), then the damage of the German economy would be decreased by 25 bill.. If corruption could be reduced to the level of Switzerland (2007 Rank 7, value 9.0), the damage for the German economy could be reduced by 48.0 bill.. (2) Measures to efficiently fight the shadow economy: transfer shadow activities in the official one using incentive orientated policies. (3) Measures to efficiently reduce corruption: strict laws and exclusion of corrupt firms from public contracts for several years. June 2008 Prof. Dr. Friedrich Schneider, University of Linz / AUSTRIA 17
Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2013: A Further Decline
January 31, 2013 ShadEcEurope31_Jan2013.doc Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2013: A Further Decline by Friedrich Schneider *) In the Tables
More informationCorruption and the shadow economy: an empirical analysis
Public Choice (2010) 144: 215 238 DOI 10.1007/s11127-009-9513-0 Corruption and the shadow economy: an empirical analysis Axel Dreher Friedrich Schneider Received: 18 October 2008 / Accepted: 16 September
More informationCORRUPTION AND THE SHADOW ECONOMY: AN EMPIRICAL ANALYSIS
CORRUPTION AND THE SHADOW ECONOMY: AN EMPIRICAL ANALYSIS AXEL DREHER FRIEDRICH SCHNEIDER CESIFO WORKING PAPER NO. 1653 CATEGORY 1: PUBLIC FINANCE JANUARY 2006 An electronic version of the paper may be
More informationPreliminary Version. Friedrich Schneider**) 1 Introduction Econometric Results References... 9
March 2009 C:/Pfusch/ShadEcon_25Transitioncountries - reversed version.doc The Size of the Shadow Economy for 25 Transition Countries over 1999/00 to 2006/07: What do we know? *) Preliminary Version by
More informationMeasuring the Shadow Economy of Bangladesh, India, Pakistan, and Sri Lanka ( )
Measuring the Shadow Economy of Bangladesh, India, Pakistan, and Sri Lanka (1995-2014) M. Kabir Hassan Blake Rayfield Makeen Huda Corresponding Author M. Kabir Hassan, Ph.D. 2016 IDB Laureate in Islamic
More informationThe Petersberg Declaration
IZA Policy Paper No. 1 P O L I C Y P A P E R S E R I E S The Petersberg Declaration Klaus F. Zimmermann Michael C. Burda Kai A. Konrad Friedrich Schneider Hilmar Schneider Jürgen von Hagen Gert G. Wagner
More informationUsing Ordinary Least Squares to Measure the Impact of the Factors Affecting Underground Economy: A Comparison between Pakistan and Turkey
Journal of Business & Economic Policy Vol. 4, No. 3, September 2017 Using Ordinary Least Squares to Measure the Impact of the Factors Affecting Underground Economy: A Comparison between Pakistan and Turkey
More informationBachelorproject 2 The Complexity of Compliance: Why do member states fail to comply with EU directives?
Bachelorproject 2 The Complexity of Compliance: Why do member states fail to comply with EU directives? Authors: Garth Vissers & Simone Zwiers University of Utrecht, 2009 Introduction The European Union
More informationIs the Internet an Effective Mechanism for Reducing Corruption Experience? Evidence from a Cross-Section of Countries
Is the Internet an Effective Mechanism for Reducing Corruption Experience? Evidence from a Cross-Section of Countries Jamie Bologna College of Business and Economics West Virginia University Morgantown,
More informationCorruption, Political Instability and Firm-Level Export Decisions. Kul Kapri 1 Rowan University. August 2018
Corruption, Political Instability and Firm-Level Export Decisions Kul Kapri 1 Rowan University August 2018 Abstract In this paper I use South Asian firm-level data to examine whether the impact of corruption
More informationCorruption and business procedures: an empirical investigation
Corruption and business procedures: an empirical investigation S. Roy*, Department of Economics, High Point University, High Point, NC - 27262, USA. Email: sroy@highpoint.edu Abstract We implement OLS,
More informationMore and more corruption?
1 Validity of the CPI, Passau 23-25 June 2005 DIES OECONOMICUS VI 23-25 June 2005 University of Passau Organized by Transparency International Germany and the Passau University On the occasion of 10 years
More informationDoes corruption promote emigration? An empirical examination
University of Wollongong Research Online Faculty of Business - Papers Faculty of Business 2014 Does corruption promote emigration? An empirical examination Arusha Cooray University of Wollongong, arusha@uow.edu.au
More informationSupplemental Results Appendix
Supplemental Results Appendix Table S1: TI CPI results with additional control variables (1) (2) (3) (4) lag DV press freedom presidentialism personalism lag TI CPI 0.578 0.680 0.680 0.669 (11.87) (22.90)
More informationSwitzerland. I. Brief Introduction to the Legal System of Switzerland
Switzerland I. Brief Introduction to the Legal System of Switzerland The Swiss legal system is based on the civil law tradition. As such, it depends heavily on written codes as a primary source for authoritative
More informationGive me liberty, or I will produce underground: Effects of economic freedom on the shadow economy
1 Give me liberty, or I will produce underground: Effects of economic freedom on the shadow economy Aziz N. Berdiev Department of Economics, Bryant University, Smithfield, RI 02917, USA James W. Saunoris
More informationThe political economy of electricity market liberalization: a cross-country approach
The political economy of electricity market liberalization: a cross-country approach Erkan Erdogdu PhD Candidate The 30 th USAEE/IAEE North American Conference California Room, Capital Hilton Hotel, Washington
More informationTrends in inequality worldwide (Gini coefficients)
Section 2 Impact of trade on income inequality As described above, it has been theoretically and empirically proved that the progress of globalization as represented by trade brings benefits in the form
More informationCrime and Corruption: An International Empirical Study
Proceedings 59th ISI World Statistics Congress, 5-3 August 13, Hong Kong (Session CPS111) p.985 Crime and Corruption: An International Empirical Study Huaiyu Zhang University of Dongbei University of Finance
More informationThe Negative Impacts of the State Capture and Business Capture on Economic Development: The Case of Azerbaijan
The Negative Impacts of the State Capture and Business Capture on Economic Development: The Case of Azerbaijan By Isa Ahadov Submitted to Central European University Department of Public Policy In partial
More informationFOREIGN DIRECT INVESTMENT AND NEIGHBOURING INFLUENCES JOHANNES CORNELIUS JORDAAN. Submitted in fulfilment of the requirements for the degree
FOREIGN DIRECT INVESTMENT AND NEIGHBOURING INFLUENCES by JOHANNES CORNELIUS JORDAAN Submitted in fulfilment of the requirements for the degree PhD (ECONOMICS) in the FACULTY OF ECONOMIC AND MANAGEMENT
More informationIMF research links declining labour share to weakened worker bargaining power. ACTU Economic Briefing Note, August 2018
IMF research links declining labour share to weakened worker bargaining power ACTU Economic Briefing Note, August 2018 Authorised by S. McManus, ACTU, 365 Queen St, Melbourne 3000. ACTU D No. 172/2018
More informationCORRUPTION AS AN OBSTACLE TO ECONOMIC GROWTH OF NATIONAL ECONOMIES
CORRUPTION AS AN OBSTACLE TO ECONOMIC GROWTH OF NATIONAL ECONOMIES Veronika Linhartova Universy of Pardubice, Czech Republic veronika.linhartova@upce.cz Eva Zidova Universy of Pardubice, Czech Republic
More informationHow much does the state of the economy influence the popularity and the election outcome of Austrian parties? An empirical investigation*
Studien/div/PopularityFunctionsAustria.doc December 6, 2011 Revised Version Submitted to the World Public Choice Meeting, Miami, March 9-12, 2012. How much does the state of the economy influence the popularity
More informationVolume 30, Issue 1. Corruption and financial sector performance: A cross-country analysis
Volume 30, Issue 1 Corruption and financial sector performance: A cross-country analysis Naved Ahmad Institute of Business Administration (IBA), Karachi Shahid Ali Institute of Business Administration
More informationGREASING THE WHEELS OF ENTREPRENEURSHIP? THE IMPACT OF REGULATIONS AND CORRUPTION
GREASING THE WHEELS OF ENTREPRENEURSHIP? THE IMPACT OF REGULATIONS AND CORRUPTION ON FIRM ENTRY AXEL DREHER MARTIN GASSEBNER CESIFO WORKING PAPER NO. 2013 CATEGORY 2: PUBLIC CHOICE JUNE 2007 An electronic
More informationINTEGRITY IN THE BUSINESS SECTOR. Assessing Corruption Risks for Business
IMF - Middle East Center for Economics and Finance and MENA-OECD Investment Programme INTEGRITY IN THE BUSINESS SECTOR Assessing Corruption Risks for Business Kuwait, 22 25 April 2013 Drago KOS If we want
More informationA Multivariate Analysis of the Factors that Correlate to the Unemployment Rate. Amit Naik, Tarah Reiter, Amanda Stype
A Multivariate Analysis of the Factors that Correlate to the Unemployment Rate Amit Naik, Tarah Reiter, Amanda Stype 2 Abstract We compiled a literature review to provide background information on our
More informationDifferences in National IQs behind the Eurozone Debt Crisis?
3 Differences in National IQs behind the Eurozone Debt Crisis? Tatu Vanhanen * Department of Political Science, University of Helsinki The purpose of this article is to explore the causes of the European
More informationEndogenous antitrust: cross-country evidence on the impact of competition-enhancing policies on productivity
Preliminary version Do not cite without authors permission Comments welcome Endogenous antitrust: cross-country evidence on the impact of competition-enhancing policies on productivity Joan-Ramon Borrell
More informationUpgrading workers skills and competencies: policy strategies
Federation of Greek Industries Greek General Confederation of Labour CONFERENCE LIFELONG DEVELOPMENT OF COMPETENCES AND QUALIFICATIONS OF THE WORKFORCE; ROLES AND RESPONSIBILITIES Athens 23-24 24 May 2003
More informationDestination Europe Washington, DC, April 11, Welcoming Address
Destination Europe Washington, DC, April 11, 2013 Welcoming Address Thank you all very much for joining us today. My name is Andrea Noske and I am the Head of the Science and Technology Section at the
More informationDoes Owner-Occupied Housing Affect Neighbourhood Crime?
Does Owner-Occupied Housing Affect Neighbourhood Crime? by Jørgen Lauridsen, Niels Nannerup and Morten Skak Discussion Papers on Business and Economics No. 19/2013 FURTHER INFORMATION Department of Business
More informationLABOUR-MARKET INTEGRATION OF IMMIGRANTS IN OECD-COUNTRIES: WHAT EXPLANATIONS FIT THE DATA?
LABOUR-MARKET INTEGRATION OF IMMIGRANTS IN OECD-COUNTRIES: WHAT EXPLANATIONS FIT THE DATA? By Andreas Bergh (PhD) Associate Professor in Economics at Lund University and the Research Institute of Industrial
More informationTI s Corruption Perceptions Index (CPI)
ADB-OECD Anti-Corruption Initiative for Asia and the Pacific 5th regional anti-corruption conference Beijing, September 28-30, 2005 How can public opinion surveys assist in preparing anti-corruption reform?
More informationInfluence of Corruption over Economic Growth in Macedonia
IOSR Journal of Engineering (IOSRJEN) ISSN (e): 2250-3021, ISSN (p): 2278-8719 Vol. 07, Issue 08 (August. 2017), V1 PP 09-15 www.iosrjen.org Influence of Corruption over Economic Growth in Macedonia PhD
More informationEgypt s Administrative Corruption Perception Index February 2018
Egypt s Administrative Corruption Perception Index 2016 February 2018 Egypt s Administrative Corruption Perception Index Definition of Administrative Corruption The term of administration corruption is
More informationGENDER EQUALITY IN THE LABOUR MARKET AND FOREIGN DIRECT INVESTMENT
THE STUDENT ECONOMIC REVIEWVOL. XXIX GENDER EQUALITY IN THE LABOUR MARKET AND FOREIGN DIRECT INVESTMENT CIÁN MC LEOD Senior Sophister With Southeast Asia attracting more foreign direct investment than
More informationSHADOW ECONOMY, TAX MORALE, GOVERNANCE AND INSTITUTIONAL QUALITY: A PANEL ANALYSIS
SHADOW ECONOMY, TAX MORALE, GOVERNANCE AND INSTITUTIONAL QUALITY: A PANEL ANALYSIS BENNO TORGLER FRIEDRICH SCHNEIDER CESIFO WORKING PAPER NO. 1923 CATEGORY 1: PUBLIC FINANCE FEBRUARY 2007 An electronic
More informationLabour market trends and prospects for economic competitiveness of Lithuania
VILNIUS UNIVERSITY Faculty of Economics and Business Administration Luxembourg, 2018 Labour market trends and prospects for economic competitiveness of Lithuania Conference Competitiveness Strategies for
More informationThe spectre of corruption
The spectre of corruption Every year the Nedbank & Old Mutual Budget Speech Competition invites economics students to submit essays on urgent topical issues. The winners are announced on the evening of
More informationLABOR PRODUCTIVITY IN RUSSIA: REALITY AND ALERT
LABOR PRODUCTIVITY IN RUSSIA: REALITY AND ALERT Svetlana V. Lobova 1*, Elena G. Popkova 2, Aleksei V. Bogoviz 3, Svetlana P. Balashova 4 1 Prof. Dr., Altai State University, Russia, barnaulhome@mail.ru
More informationDETERMINANTS OF IMMIGRANTS EARNINGS IN THE ITALIAN LABOUR MARKET: THE ROLE OF HUMAN CAPITAL AND COUNTRY OF ORIGIN
DETERMINANTS OF IMMIGRANTS EARNINGS IN THE ITALIAN LABOUR MARKET: THE ROLE OF HUMAN CAPITAL AND COUNTRY OF ORIGIN Aim of the Paper The aim of the present work is to study the determinants of immigrants
More informationDo Migrants Improve Governance at Home? Evidence from a Voting Experiment
Do Migrants Improve Governance at Home? Evidence from a Voting Experiment Catia Batista Trinity College Dublin and IZA Pedro C. Vicente Trinity College Dublin, CSAE-Oxford and BREAD Second International
More informationInformality effects in the economy of Albania in light of world s economic crisis
(Volume3, Issue 1/ 2012 ), pp. 139 Informality effects in the economy of Albania in light of world s economic crisis Brunilda Muça, 1+ and Galantina Doraci 2++ 1, 2 Faculty of and Agribusiness, University
More informationVolume 36, Issue 1. Impact of remittances on poverty: an analysis of data from a set of developing countries
Volume 6, Issue 1 Impact of remittances on poverty: an analysis of data from a set of developing countries Basanta K Pradhan Institute of Economic Growth, Delhi Malvika Mahesh Institute of Economic Growth,
More informationCorruption's Effect on Socioeconomic Factors
College of Saint Benedict and Saint John's University DigitalCommons@CSB/SJU Celebrating Scholarship & Creativity Day Experiential Learning & Community Engagement 2016 Corruption's Effect on Socioeconomic
More informationOrganization for Security and Co-operation in Europe. Ambassador Madina Jarbussynova. OSCE Special Representative and Co-ordinator
EEF.GAL/19/16 19 September 2016 ENGLISH only Organization for Security and Co-operation in Europe Ambassador Madina Jarbussynova OSCE Special Representative and Co-ordinator for Combating Trafficking in
More informationLearning about Irregular Migration from a unique survey
Learning about Irregular Migration from a unique survey Laura Serlenga Department of Economics University of Bari February 2005 Plan of the talk 1. Motivations 2. Summary of the SIMI contents: brief overview
More informationThe Correlates of Wealth Disparity Between the Global North & the Global South. Noelle Enguidanos
The Correlates of Wealth Disparity Between the Global North & the Global South Noelle Enguidanos RESEARCH QUESTION/PURPOSE STATEMENT: What explains the economic disparity between the global North and the
More informationCORRUPTION AND FDI: THE RELATIONSHIP BETWEEN HOST STATE CORRUPTION AND INVESTOR STATE WILLINGNESS TO BRIBE
CORRUPTION AND FDI: THE RELATIONSHIP BETWEEN HOST STATE CORRUPTION AND INVESTOR STATE WILLINGNESS TO BRIBE A Thesis submitted to the Faculty of the Georgetown Public Policy Institute of Georgetown University
More informationReducing inequality by collective bargaining
Gerhard Bosch Reducing inequality by collective bargaining INEQUALITIES, NEOLIBERALISM AND EUROPEAN INTEGRATION: PROGRESSIVE ANSWERS Athens, 23 rd - 25 th November 2017, MEGARON, The Athens Concert Hall,
More informationFuture Social Market Economy. Globalization Report 2016: who benefits most from globalization?
Future Social Market Economy Policy Brief #2016/02 Globalization Report 2016: who benefits most from globalization? In the Globalization Report 2014, we examined how far individual countries benefited
More informationDoes Corruption Effects on Social Sector in SAARC Region?
53 J. Asian Dev. Stud, Vol. 2, Issue 2, (June 2013) ISSN 2304-375X Does Corruption Effects on Social Sector in SAARC Region? Hina Kiran 1, Saeeda Rehman 2, M. Naveed Iftikhar 3 and Rabia Mir 4 Abstract
More informationGERMANY, JAPAN AND INTERNATIONAL PAYMENT IMBALANCES
Articles Articles Articles Articles Articles CENTRAL EUROPEAN REVIEW OF ECONOMICS & FINANCE Vol. 2, No. 1 (2012) pp. 5-18 Slawomir I. Bukowski* GERMANY, JAPAN AND INTERNATIONAL PAYMENT IMBALANCES Abstract
More informationThe Impact of Democracy and Press Freedom on Corruption: Conditionality Matters
The Impact of Democracy and Press Freedom on Corruption: Conditionality Matters Christine Kalenborn Christian Lessmann CESIFO WORKING PAPER NO. 3917 CATEGORY 2: PUBLIC CHOICE AUGUST 2012 An electronic
More informationPrevention of corruption in the sphere of public purchases: Interviews with experts
Article available at http://www.shs-conferences.org or http://dx.doi.org/10.1051/shsconf/20141000018 SHS Web of Conferences 10, 00018 (2014) DOI: 10.1051/shsconf/20141000018 C Owned by the authors, published
More informationGreasing the wheels of entrepreneurship? The impact of regulations and corruption on firm entry
Greasing the wheels of entrepreneurship? The impact of regulations and corruption on firm entry Axel Dreher 1 and Martin Gassebner 2 March 2008 Abstract The paper investigates whether the impact of regulations
More informationPUBLIC SECTOR INFLUENCES IN THE DEVELOPMENT OF UNDERGROUND ECONOMY AND CORRUPTION IN ROMANIA, IN EU CONTEXT
Professor Iulian Viorel BRAŞOVEANU, PhD Finance Department E-mail: viorel_brasoveanu@yahoo.com Laura OBREJA BRAŞOVEANU, PhD Finance Department The Bucharest Academy of Economic Studies E-mail: laura_obreja@yahoo.com
More informationPoverty in Israel: Reasons and Labor Market Policy
Poverty in Israel: Reasons and Labor Market Policy Zvi Eckstein and Tali Larom * Policy Paper 2016.08 November 2016 The Aaron Institute s policy papers series is a product of research and policy suggestions
More informationCorruption as an obstacle to women s political representation: Evidence from local councils in 18 European countries
Corruption as an obstacle to women s political representation: Evidence from local councils in 18 European countries Aksel Sundström Quality of Government Institute Dept of Political Science University
More informationGLOBAL CORRUPTION PERCEPTION INDEX (CPI) 2017 published 21 February
GLOBAL CORRUPTION PERCEPTION INDEX (CPI) 2017 published 21 February 2018 www.transparentnost.org.rs www.transparency.org/cpi Corruption Perception Index for 2017 Global (180 states/territories) agregate
More informationThe abuse of entrusted power by public officials in their
CIDOB Barcelona Centre for International Affairs 51 MARCH 2012 ISSN: 2013-4428 notes internacionals CIDOB CRACKING THE MYTH OF PETTY BRIBERY Eduardo Bohórquez, Transparency International, Mexico Deniz
More informationForms of Civic Engagement and Corruption
Forms of Civic Engagement and Corruption Disentangling the role of associations, elite-challenging mass activities and the type of trust within networks Nicolas Griesshaber, Berlin Graduate School of Social
More informationGood Governance for the Quality of Life
Good Governance for the Quality of Life Dr. Yılmaz ARGÜDEN Argüden Governance Academy is a non-profit initiative that operates under the aegis of Boğaziçi University Foundation What is Good Governance?
More informationCORRUPTION, SHADOW ECONOMY AND ECONOMIC GROWTH: AN EMPIRICAL SURVEY ACROSS THE EUROPEAN UNION COUNTRIES
DOI: 10.1515/sues-2017-0006 CORRUPTION, SHADOW ECONOMY AND ECONOMIC GROWTH: AN EMPIRICAL SURVEY ACROSS THE EUROPEAN UNION COUNTRIES Sorin Nicolae Borlea PhD Vasile Goldis Western University of Arad, Romania
More informationThe interaction effect of economic freedom and democracy on corruption: A panel cross-country analysis
The interaction effect of economic freedom and democracy on corruption: A panel cross-country analysis Author Saha, Shrabani, Gounder, Rukmani, Su, Jen-Je Published 2009 Journal Title Economics Letters
More informationThe Effect of Foreign Direct Investment, Foreign Aid and International Remittance on Economic Growth in South Asian Countries
St. Cloud State University therepository at St. Cloud State Culminating Projects in Economics Department of Economics 12-2016 The Effect of Foreign Direct Investment, Foreign Aid and International Remittance
More informationENTREPRENEURSHIP IN THE SHADOW ECONOMY: THE CASE STUDY OF RUSSIA AND UKRAINE
ENTREPRENEURSHIP IN THE SHADOW ECONOMY: THE CASE STUDY OF RUSSIA AND UKRAINE Irina A Markina, Poltava State Agrarian Academy Antonina V Sharkova, Financial University under the Government of the Russian
More informationMeasurement and Global Trends in Central Bank Autonomy (CBA)
Measurement and Global Trends in Central Bank Autonomy (CBA) Conference Central Bank Independence: Legal and Economic Issues Sponsored by the International Monetary Fund and the Central Reserve Bank of
More informationDiscussion Paper Series A No.533
Discussion Paper Series A No.533 The Determinants of Corruption in Transition Economies Ichiro Iwasaki (Institute of Economic Research, Hitotsubashi University), and Taku Suzuki (Faculty of Economics,
More informationEffects of corruption on the public procurement efficiency in Ukraine
EERC Research Grant Competition Research Proposal for the grant provided by Economics Education and Research Consortium Effects of corruption on the public procurement efficiency in Ukraine Kateryna Siedina
More informationIllegal Immigration. When a Mexican worker leaves Mexico and moves to the US he is emigrating from Mexico and immigrating to the US.
Illegal Immigration Here is a short summary of the lecture. The main goals of this lecture were to introduce the economic aspects of immigration including the basic stylized facts on US immigration; the
More informationThe Economic Impact of Crimes In The United States: A Statistical Analysis on Education, Unemployment And Poverty
American Journal of Engineering Research (AJER) 2017 American Journal of Engineering Research (AJER) e-issn: 2320-0847 p-issn : 2320-0936 Volume-6, Issue-12, pp-283-288 www.ajer.org Research Paper Open
More informationTHE CORRUPTION AND THE ECONOMIC PERFORMANCE
THE CORRUPTION AND THE ECONOMIC PERFORMANCE Jana Soukupová Abstract The paper deals with comparison of the level of the corruption in different countries and the economic performance with short view for
More informationPerceptions of Corruption in Mass Publics
Perceptions of Corruption in Mass Publics Sören Holmberg QoG WORKING PAPER SERIES 2009:24 THE QUALITY OF GOVERNMENT INSTITUTE Department of Political Science University of Gothenburg Box 711 SE 405 30
More informationPerspective on India - Germany Trade Relations and the way forward
Perspective on India - Germany Trade Relations and the way forward Ajay Durrani 04.10.2018 covestro.com Forward-looking statements This presentation may contain forward-looking statements based on current
More informationInternational bribes measure corruption
International bribes measure corruption Lucio Picci University of Bologna Conference ANTIcorruption&fraud:DETECTION & MEASUREMENT Prague, April 7 2017 ESCHER S DRAWING HANDS 2 DRAWING WHAT? A fascinating,
More informationWhere do we go from here?
Where do we go from here? Measurement and Theory of Democratic Attitudes Outline Alexis-Charles-Henri Clérel de Tocqueville What we have covered What are attitudes? How to measure them? Political Culture
More informationAgnieszka Pawlak. Determinants of entrepreneurial intentions of young people a comparative study of Poland and Finland
Agnieszka Pawlak Determinants of entrepreneurial intentions of young people a comparative study of Poland and Finland Determinanty intencji przedsiębiorczych młodzieży studium porównawcze Polski i Finlandii
More informationThe Influence of Direct Democracy on the Shadow Economy
The Influence of Direct Democracy on the Shadow Economy Désirée Teobaldelli and Friedrich Schneider PUBLIC CHOICE forthcoming (DOI: 10.1007/s11127-013-0098-2) Abstract We analyze, both theoretically and
More informationSupplementary Materials for Strategic Abstention in Proportional Representation Systems (Evidence from Multiple Countries)
Supplementary Materials for Strategic Abstention in Proportional Representation Systems (Evidence from Multiple Countries) Guillem Riambau July 15, 2018 1 1 Construction of variables and descriptive statistics.
More informationDoes government decentralization reduce domestic terror? An empirical test
Does government decentralization reduce domestic terror? An empirical test Axel Dreher a Justina A. V. Fischer b November 2010 Economics Letters, forthcoming Abstract Using a country panel of domestic
More informationAchieving Corporate Integrity
Achieving Corporate Integrity Dr Mark Lovatt Transparency International Malaysia ti-malaysia@transparency.org.my www.transparency.org.my Integrity Unsinkable Titanic s current state How is integrity compromised?
More informationCities in a Globalizing World: Governance, Performance, and Sustainability. Frannie A. Léautier Vice President World Bank Institute
Cities in a Globalizing World: Governance, Performance, and Sustainability Frannie A. Léautier Vice President World Bank Institute Growth of Cities, 1950-2050 Population (millions) 10000 9000 8000 7000
More informationEconomic growth and its determinants in countries in transition
Economic growth and its determinants in countries in transition Abstract Msc. (C.) Kestrim Avdimetaj University Haxhi Zeka of Kosovo Msc. Mensur Morina University College Fama of Kosovo Main purpose of
More informationDeterminants of Violent Crime in the U.S: Evidence from State Level Data
12 Journal Student Research Determinants of Violent Crime in the U.S: Evidence from State Level Data Grace Piggott Sophomore, Applied Social Science: Concentration Economics ABSTRACT This study examines
More informationCorruption Perceptions Index 2011 Long Methodological Brief
Corruption Perceptions Index 2011 Long Methodological Brief Transparency International s (TI) Corruption Perceptions Index 1 (CPI) is an aggregate indicator that ranks countries in terms of the degree
More informationDo (naturalized) immigrants affect employment and wages of natives? Evidence from Germany
Do (naturalized) immigrants affect employment and wages of natives? Evidence from Germany Carsten Pohl 1 15 September, 2008 Extended Abstract Since the beginning of the 1990s Germany has experienced a
More informationTable A.2 reports the complete set of estimates of equation (1). We distinguish between personal
Akay, Bargain and Zimmermann Online Appendix 40 A. Online Appendix A.1. Descriptive Statistics Figure A.1 about here Table A.1 about here A.2. Detailed SWB Estimates Table A.2 reports the complete set
More informationDoes Lobbying Matter More than Corruption In Less Developed Countries?*
Does Lobbying Matter More than Corruption In Less Developed Countries?* Nauro F. Campos University of Newcastle, University of Michigan Davidson Institute, and CEPR E-mail: n.f.campos@ncl.ac.uk Francesco
More informationYet the World Bank Enterprise Surveys suggest that there is much room for improvement in service quality and accountability
51 How transparent is business regulation around the world? Nobel Prize winning economist Amartya Sen wrote in 2009 that lack of transparency in the global financial system was among the main factors contributing
More informationThe Changing Relationship between Fertility and Economic Development: Evidence from 256 Sub-National European Regions Between 1996 to 2010
The Changing Relationship between Fertility and Economic Development: Evidence from 256 Sub-National European Regions Between 996 to 2 Authors: Jonathan Fox, Freie Universitaet; Sebastian Klüsener MPIDR;
More informationDynamic Relationship between Corruption and Youth Unemployment
Policy Research Working Paper 7842 WPS7842 Dynamic Relationship between Corruption and Youth Unemployment Empirical Evidences from a System GMM Approach Bechir N. Bouzid Public Disclosure Authorized Public
More informationCities in a Globalizing World: Governance, Performance, and Sustainability
Cities in a Globalizing World: Governance, Performance, and Sustainability Frannie A. Léautier Vice President World Bank Institute_ Understanding cities in a globalizing world Cities are the birthplace
More informationComparative corporate strategies: What determines Chinese outward FDI?
Comparative corporate strategies: What determines Chinese outward FDI? Ivar Kolstad and Arne Wiig, Chr. Michelsen Institute CEIC-CMI conference, 30 June 2009 Main result Brief background: The Economist:
More informationWhy is The Effect Corruption on Economic Growth Less Harmful in Some Developing Countries Than in Others?
J. Basic. Appl. Sci. Res., 2(6)5971-5976, 2012 2012, TextRoad Publication ISSN 2090-4304 Journal of Basic and Applied Scientific Research www.textroad.com Why is The Effect Corruption on Economic Growth
More informationPoverty in the Third World
11. World Poverty Poverty in the Third World Human Poverty Index Poverty and Economic Growth Free Market and the Growth Foreign Aid Millennium Development Goals Poverty in the Third World Subsistence definitions
More informationTracing Emigrating Populations from Highly-Developed Countries Resident Registration Data as a Sampling Frame for International German Migrants
Tracing Emigrating Populations from Highly-Developed Countries Resident Registration Data as a Sampling Frame for International German Migrants International Forum on Migration Statistics, 15-16 January
More informationCORRUPTION & POVERTY IN NIGERIA
CORRUPTION & POVERTY IN NIGERIA Finding the Linkages NIGERIA $509bn Africa Largest Economics $509bn - Nigeria is the largest economy in Africa with a revised GDP of $509bn as at 2013. (Africa) 26 Nigeria
More information