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Does Greater Regulatory Burden Lead to More Corruption? : Evidence Using Firm-Level Survey Data for Developing Countries / Amin, Mohammad.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Amin, Mohammad.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Bribery.
- Corporate Governance and Corruption.
- Corruption.
- Private Sector Development.
- Regulation.
- Local Subjects:
- Bribery.
- Corporate Governance and Corruption.
- Corruption.
- Private Sector Development.
- Regulation.
- Physical Description:
- 1 online resource (50 pages)
- Other Title:
- Does Greater Regulatory Burden Lead to More Corruption?
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- Regulation often creates opportunities for public officials to extract bribes. If this is true, deregulation offers a simple way to combat corruption. However, empirical evidence on the corruption and regulation nexus is limited. Further, the corruption indices used are based on experts' opinions, which may suffer from perception bias. The present paper attempts to address these shortcomings using firm-level survey data for 131 mostly developing countries on the experiences of the firms with bribery and regulatory burden. Exploiting within-country and industry-level variation in regulatory burden, the analysis finds a large, positive effect of regulatory burden on corruption. For the baseline results, the bribery rate is higher by about 0.03 percentage point for each percentage point increase in the regulatory burden. The finding is robust to several endogeneity checks.
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