Corruption and Bureaucratic Structure in a Developing Economy
dc.contributor.author | Bennett, J. Ohn | en_US |
dc.contributor.author | Estrin, Saul | en_US |
dc.date.accessioned | 2007-10-25T20:08:54Z | |
dc.date.available | 2007-10-25T20:08:54Z | |
dc.date.issued | 2006-02-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2006-825 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/57205 | en_US |
dc.description.abstract | We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem - when a foreign firm sinks an investment to provide infrastructure services. We focus on the structure of the economy’s bureaucracy, which can be centralized or decentralized, and characterize the ëcorruptibility’ of bureaucrats in each case. Results are explained in terms of the noninternalization, under decentralization, of the ëbribe externality’ and the ëprice externality.’ In welfare terms, decentralization is favoured, relatively speaking, if the tax system is less inefficient, funding is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous. | en_US |
dc.format.extent | 363611 bytes | |
dc.format.extent | 1802 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.relation.ispartofseries | 825 | en_US |
dc.subject | Corruption, Bureaucratic Structure, Developing Economy | en_US |
dc.subject.other | D73, H11, H77 | en_US |
dc.title | Corruption and Bureaucratic Structure in a Developing Economy | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.contributor.affiliationum | William Davidson Institute | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/57205/1/wp825 .pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
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