2002
DOI: 10.1080/13841280212381
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Corruption and Policy: Back to the Roots

Abstract: Corruption is now recognized to be a pervasive phenomenon that can seriously jeopardize the best-intentioned reform efforts. This paper presents an analytical framework for examining the role basic market institutions play in rent-seeking and illicit behavior. The empirical results suggest that high barriers to new business entry and soft budget constraints on incumbent firms are particularly important institutional factors engendering opportunities for corruption. The findings also support the notion that eco… Show more

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Cited by 27 publications
(12 citation statements)
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“…Thus, the impact of corruption on firms appears to increase with their income, because bureaucrats extorting bribes discriminate between high-and low-productivity agents. Along these lines, Broadman and Recanatini (2002), Djankov et al (2002) and Svensson (2005) find a strong correlation between higher barriers to market entry and the level of corruption.…”
Section: The Environmentmentioning
confidence: 92%
“…Thus, the impact of corruption on firms appears to increase with their income, because bureaucrats extorting bribes discriminate between high-and low-productivity agents. Along these lines, Broadman and Recanatini (2002), Djankov et al (2002) and Svensson (2005) find a strong correlation between higher barriers to market entry and the level of corruption.…”
Section: The Environmentmentioning
confidence: 92%
“…In a study of transition economies, Broadman and Recanatini (2002) find the same broad economic and political causalities as do most global cross-country studies (e.g. Djankov et al, 2006), i.e.…”
Section: Socio-political and Economic Elements Of Intentionalitymentioning
confidence: 97%
“…Largely using aggregate indices of competitiveness, there is empirical support in the literature that greater competitiveness reduces corruption (Goel and Nelson 2005; also see Scully and Slottje 1991). More specifically, research focusing on the effects of regulation on corruption has largely focused on business startup regulation (Broadman and Recanatini 2002, Djankov et al 2002, Svensson, 2005, Jing and Graham, 2008.…”
Section: Introductionmentioning
confidence: 97%