Arbeitspapier
Macroeconomic analysis of corruption in developing economies
Based on empirical data, a two-equation game-type corruption reaction function model was developed. A data to model approach was used rather than the usual a priori approach. The general hypothesis tested was the monkey see, monkey do principle. The latest data on corruption among developing countries was obtained from the Enterprise Surveys done by the World Bank Group in 2010. The key variables were the percent of domestic firms expecting to make informal payment to public officials to get things done, and the percent of foreign firms doing like wise. The time span is from 2002-2010. A variety of econometric methods were used. In general, the statistical results were quite good and supported the hypothesis. Both reaction equations were positively sloped. Time had a reducing effect on the frequency of domestic corruption, yet it had an increasing effect on foreign corruption. Variations in the frequency of corruption across regions of countries were generally not significant.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2011-02
- Classification
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Wirtschaft
Model Construction and Estimation
Criteria for Decision-Making under Risk and Uncertainty
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Legal Procedure, the Legal System, and Illegal Behavior: Other
Business Economics: Other
- Subject
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Firm
Corruption
Game Model
Developing Countries
- Event
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Geistige Schöpfung
- (who)
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Gander, James P.
- Event
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Veröffentlichung
- (who)
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The University of Utah, Department of Economics
- (where)
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Salt Lake City, UT
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gander, James P.
- The University of Utah, Department of Economics
Time of origin
- 2011