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Effects of Economic Openness on Corruption: Firm-level Survey Evidence |
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Abstract:
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A substantial literature argues that international openness should lower corruption. Data from firm-level surveys suggest that trade activity may actually increase firms' bribe-paying behavior, but that foreign ownership has little effect. |
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firm (225), trade (158), corrupt (134), bribe (120), countri (118), foreign (91), pay (86), variabl (75), level (62), effect (62), may (59), intern (53), signific (41), ownership (39), howev (37), use (36), bribe-pay (35), behavior (35), indic (34), 0 (34), competit (32), |
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Association:
Name: MPSA Annual National Conference URL: http://www.indiana.edu/~mpsa/
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Citation:
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MLA Citation:
| Beesley, Celeste. "Effects of Economic Openness on Corruption: Firm-level Survey Evidence" Paper presented at the annual meeting of the MPSA Annual National Conference, Palmer House Hotel, Hilton, Chicago, IL, Apr 03, 2008 <Not Available>. 2008-10-22 <http://www.allacademic.com/meta/p268069_index.html> |
APA Citation:
| Beesley, C. , 2008-04-03 "Effects of Economic Openness on Corruption: Firm-level Survey Evidence" Paper presented at the annual meeting of the MPSA Annual National Conference, Palmer House Hotel, Hilton, Chicago, IL Online <PDF>. 2008-10-22 from http://www.allacademic.com/meta/p268069_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Abstract: A substantial literature argues that international openness should lower corruption. Data from firm-level surveys suggest that trade activity may actually increase firms' bribe-paying behavior, but that foreign ownership has little effect. |
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| Document Type: |
PDF |
| Page count: |
45 |
| Word count: |
12788 |
| Text sample: |
| Perverse Effects of Economic Openness on Corruption: Evidence from Firm-Level Surveys Celeste Beesley Abstract: Cross-national studies have shown a negative relationship between corruption and measures of globalization (measured as trade openness and prevalence of FDI). However the empirical results have not been consistently robust. In addition theoretical counter-arguments just as plausibly argue for a positive link between corruption and “international” exposure. Using the World Bank-EBRD's Business Environment and Enterprise Performance (BEEPS) data from East Europe and the former Soviet |
| (2.34) (2.29) Montenegro (4.38)** (4.05)** (4.05)** (4.63)** (4.77)** (4.67)** FYROM (2.66) (2.62) (2.62) (2.78) (2.54) (2.66) (4.98)** (4.65)** (4.65)** (5.21)** (4.56)** (4.75)** Constant (2.07) (2.45) (2.45) (2.35) (2.47) (2.39) (1.91) (2.24)* (2.25)* (2.17)* (2.28)* (2.21)* Observations 7457 7302 7302 7302 7302 7302 Absolute value of t statistics in parentheses * significant at 5%; ** significant at 1% *The variable indicating that employees were the largest shareholders in the firm was dropped due to collinearity. 45 |
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