A neoschumpeterian review of the impact of corruption on competitiveness and foreign direct investment

Hegemann, Petra; Berumen, Sergio A.

doi:10.5209/rev_pade.2011.v22.2

Cited by 3 publications

(2 citation statements)

References 25 publications

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“…The results are shown in Table 6 and are supported by Figure 3. Our findings are in line with the evidence from the literature that suggests that political conditions (POL) may harm the way countries compete in the international arena [19,[97][98][99][100][101][102][103]. In the case of the analyzed emerging economies, property rights, diversion of public funds, intellectual property protection, corruption, and law and order negatively affect international competitiveness.…”

Section: Discussion Of Findingssupporting

confidence: 89%

Emerging Economies’ Institutional Quality and International Competitiveness: A PLS-SEM Approach

2021

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The home country’s institutional framework determines the capacity to compete in the global arena. This paper discusses the linkage between institutional quality (IQ) and international competitiveness (IC). We measured institutions’ quality in emerging economies through the use of selected indicators between 2007–2017. To evaluate the proposed IQ constructs and their relationship with IC, we applied partial least squares – structural equation modeling (PLS-SEM) analysis. The model outcomes suggest that political and lack of systemic conditions have a significant and negative effect on international competitiveness, while science, technology, engineering and mathematics (STEM) resource conditions have a significant and positive effect.

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Section: Discussion Of Findingssupporting

confidence: 89%

Emerging Economies’ Institutional Quality and International Competitiveness: A PLS-SEM Approach

2021

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“…Public interest can be seen as an economic concept (Apgar and Brown 1987;Bailey 1987;Bower 1974;Buchanan 1996;Hayek 1994;Nemec 1998) and Vörös (2011), Beblavý (2007) as well as Hegemann and Berumen (2011) see corrupt action as an economic activity that can be described according to the basic rules of the market economy (individuality of actions, consciousness of the benefi ts and costs of such actions in order to maximize one's own advantage).…”

Section: Introductionmentioning

confidence: 99%

Economic, Political, Social Factor of Corruption in the Slovak Republic

Meričková

Bašteková

Stejskal

et al. 2017

NISPAcee Journal of Public Administration and Policy

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Interdisciplinary defi nitions of corruption perceive corrupt actions as contrary to legal and ethical standards aff ecting the public interest, perpetrated by a person in public offi ce. Th e main goal of the study is to identify the factors of corrupt acts in the public sector stemming from the economic, political, cultural and social environments in the Slovak Republic. Th rough the Delphi method we verify the relevance of economic, political and cultural-social factors of corrupt acts in the public sector defi ned in the theoretical framework of this issue. Th e Delphi method was used under the following conditions: the anonymity of experts, feedback control and statistical determination of a consensus of experts. Expert evaluation of the factors underlying corrupt behaviour in the public sector enabled us not only to detect the overall relevance of the factors, but also to identify areas where corruption in the public sector is most widespread, according to experts. We can state that the most problematic areas include the judiciary and the police.

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The problem of corruption in the contracting out of public services - the case of Slovakia

Meričková¹,

Majerík²,

Lendvorský³

2021

Acta Univ. Bohem. Merid.

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Corruption finds room for its proliferation precisely where there is extensive, opaque and little controllable regulation by the state. In this context, it is the role of the rule of law to apply the principles of legal (enforceability) accountability in the context of corrupt behaviour and the drawing of consequences. The level of rule of law in this area affects the risk of corruption in public service procurement processes. The main goal of the study is to demonstrate the problem of corruption as the threat of the rule of law by the results of qualitative analysis of the legal framework defining corruption and of the methods of public procurement used by us in the contracting out of local public services in Slovak republic. The study answers research question on impact of legal accountability with implications for the risk of corruption on the methods of public procurement of public services. Data qualitative analysis is descriptive in nature. The real enforceability of legal responsibility for corrupt acts against public officials is very low in Slovakia. The quality of this legal framework has real impact on risk of corruption in public procurement processes, which can be identified by often using the direct purchase as the method of public procurement. Public organizations do not always proceed in accordance with applicable legislation, at least in accordance with its ethics and essential principles of public procurement. This problem reflects the proposed system's changes in public procurement in contracting out public services, which should eliminate the risk of corruption at the level of formal and informal rules.

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A neoschumpeterian review of the impact of corruption on competitiveness and foreign direct investment

Cited by 3 publications

References 25 publications

Emerging Economies’ Institutional Quality and International Competitiveness: A PLS-SEM Approach

Emerging Economies’ Institutional Quality and International Competitiveness: A PLS-SEM Approach

Economic, Political, Social Factor of Corruption in the Slovak Republic

The problem of corruption in the contracting out of public services - the case of Slovakia

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