Bribery, regulation and firm performance: evidence from a threshold model
Author
Abstract
Suggested Citation
DOI: 10.1007/s00181-023-02456-0
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Çağatay Bircan & Orkun Saka, 2021.
"Lending Cycles and Real Outcomes: Costs of Political Misalignment,"
The Economic Journal, Royal Economic Society, vol. 131(639), pages 2763-2796.
- Çağatay Bircan & Saka Orkun, 2018. "Lending Cycles and Real Outcomes: Costs of Political Misalignment," LEQS – LSE 'Europe in Question' Discussion Paper Series 139, European Institute, LSE.
- Cagatay Bircan & Orkun Saka, 2021. "Lending Cycles and Real Outcomes: Costs of Political Misalignment," CESifo Working Paper Series 8883, CESifo.
- Christopher J. Boudreaux & Boris N. Nikolaev & Randall G. Holcombe, 2018. "Corruption and destructive entrepreneurship," Small Business Economics, Springer, vol. 51(1), pages 181-202, June.
- Kourtellos, Andros & Stengos, Thanasis & Tan, Chih Ming, 2016.
"Structural Threshold Regression,"
Econometric Theory, Cambridge University Press, vol. 32(4), pages 827-860, August.
- Andros Kourtellos & Thanasis Stengos & Chih Ming Tan, 2008. "Structural Threshold Regression," Discussion Papers Series, Department of Economics, Tufts University 0717, Department of Economics, Tufts University.
- Andros Kourtellos & Thanasis Stengos & Chih Ming Tan, 2009. "Structural Threshold Regression," Working Paper series 22_09, Rimini Centre for Economic Analysis.
- Andros Kourtellos & Thanasis Stengos & Chih Ming Tan, 2011. "Structural Threshold Regression," Working Paper series 49_11, Rimini Centre for Economic Analysis.
- Andros Kourtellos & Thanasis Stengos & Chih Ming Tan, 2011. "Structural Threshold Regression," University of Cyprus Working Papers in Economics 13-2011, University of Cyprus Department of Economics.
- Andros Kourtellos & Thanasis Stengos & Chih Ming Tan, 2009. "Structural Threshold Regression," Working Papers 0907, University of Guelph, Department of Economics and Finance.
- Gründler, Klaus & Potrafke, Niklas, 2019.
"Corruption and economic growth: New empirical evidence,"
European Journal of Political Economy, Elsevier, vol. 60(C).
- Klaus Gründler & Niklas Potrafke, 2019. "Corruption and Economic Growth: New Empirical Evidence," ifo Working Paper Series 309, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Klaus Gründler & Niklas Potrafke, 2019. "Corruption and Economic Growth: New Empirical Evidence," CESifo Working Paper Series 7816, CESifo.
- Seo, Myung Hwan & Shin, Yongcheol, 2016.
"Dynamic panels with threshold effect and endogeneity,"
Journal of Econometrics, Elsevier, vol. 195(2), pages 169-186.
- Myung Hwan Seo & Yongcheol Shin, 2014. "Dynamic Panels with Threshold Effect and Endogeneity," STICERD - Econometrics Paper Series 577, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Axel Dreher & Martin Gassebner, 2013. "Greasing the wheels? The impact of regulations and corruption on firm entry," Public Choice, Springer, vol. 155(3), pages 413-432, June.
- Staniewski, Marcin W., 2016. "The contribution of business experience and knowledge to successful entrepreneurship," Journal of Business Research, Elsevier, vol. 69(11), pages 5147-5152.
- Demir, Firat & Hu, Chenghao & Liu, Junyi & Shen, Hewei, 2022. "Local corruption, total factor productivity and firm heterogeneity: Empirical evidence from Chinese manufacturing firms," World Development, Elsevier, vol. 151(C).
- Abdoulaye Seck, 2020. "Heterogeneous Bribe Payments and Firms’ Performance in Developing Countries," Journal of African Business, Taylor & Francis Journals, vol. 21(1), pages 42-61, January.
- Mo, Pak Hung, 2001. "Corruption and Economic Growth," Journal of Comparative Economics, Elsevier, vol. 29(1), pages 66-79, March.
- Ruohan Wu, 2019. "Firm Development and Bribery: An Empirical Study from Latin America," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 47(1), pages 53-64, March.
- Méon, Pierre-Guillaume & Weill, Laurent, 2010.
"Is Corruption an Efficient Grease?,"
World Development, Elsevier, vol. 38(3), pages 244-259, March.
- Pierre-Guillaume Méon & Laurent Weill, "undated". "Is corruption an efficient grease?," ULB Institutional Repository 2013/8408, ULB -- Universite Libre de Bruxelles.
- Pierre-Guillaume Méon & Laurent Weill, 2008. "Is Corruption an Efficient Grease ?," Working Papers of LaRGE Research Center 2008-06, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
- Pierre-Guillaume Méon & Laurent Weill, 2010. "Is corruption an efficient grease?," ULB Institutional Repository 2013/92603, ULB -- Universite Libre de Bruxelles.
- Méon, Pierre-Guillaume & Weill, Laurent, 2008. "Is corruption an efficient grease?," BOFIT Discussion Papers 20/2008, Bank of Finland Institute for Emerging Economies (BOFIT).
- Qi, Guoyou & Zou, Hailiang & Xie, Xuemei & Meng, Xiaohua & Fan, Tijun & Cao, Yuanhe, 2020. "Obedience or escape: Examining the contingency influences of corruption on firm exports," Journal of Business Research, Elsevier, vol. 106(C), pages 261-272.
- Nur-tegin, Kanybek & Jakee, Keith, 2020. "Does corruption grease or sand the wheels of development? New results based on disaggregated data," The Quarterly Review of Economics and Finance, Elsevier, vol. 75(C), pages 19-30.
- Colin C. Williams & Abbi M. Kedir, 2016. "The Impacts Of Corruption On Firm Performance: Some Lessons From 40 African Countries," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(04), pages 1-18, December.
- Mohammad Amin & Yew Chong Soh, 2022. "Financial constraints and the impact of corruption on employment growth," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(3), pages 612-635, April.
- Jan Weiss & Andreas Stephan & Tatiana Anisimova, 2019. "Well-designed environmental regulation and firm performance: Swedish evidence on the Porter hypothesis and the effect of regulatory time strategies," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 62(2), pages 342-363, January.
- Spyridon Boikos & Mehmet Pinar & Thanasis Stengos, 2023. "Bribery, on-the-job training, and firm performance," Small Business Economics, Springer, vol. 60(1), pages 37-58, January.
- Aart Kraay & Peter Murrell, 2016.
"Misunderestimating Corruption,"
The Review of Economics and Statistics, MIT Press, vol. 98(3), pages 455-466, July.
- Kraay, Aart & Kraay, Aart & Murrell, Peter, 2013. "Misunderestimating corruption," Policy Research Working Paper Series 6488, The World Bank.
- Truong Thi Hoa, 2020. "The effects of corruption on human capital accumulation process: Evidence from Vietnam," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 28(1), pages 69-88, January.
- Ronald U. Mendoza & Ricardo A. Lim & Anne Ong Lopez, 2015. "Grease or Sand in the Wheels of Commerce? Firm Level Evidence on Corruption and SMES," Journal of International Development, John Wiley & Sons, Ltd., vol. 27(4), pages 415-439, 05-27.
- Bruce E. Hansen, 2000.
"Sample Splitting and Threshold Estimation,"
Econometrica, Econometric Society, vol. 68(3), pages 575-604, May.
- Bruce E. Hansen, 1996. "Sample Splitting and Threshold Estimation," Boston College Working Papers in Economics 319., Boston College Department of Economics, revised 12 May 1998.
- Fisman, Raymond & Svensson, Jakob, 2007.
"Are corruption and taxation really harmful to growth? Firm level evidence,"
Journal of Development Economics, Elsevier, vol. 83(1), pages 63-75, May.
- Fisman, Raymond & Svensson, Jakob, 2000. "Are corruption and taxation really harmful to growth? - firm-level evidence," Policy Research Working Paper Series 2485, The World Bank.
- Feldmann, Horst, 2017. "Economic freedom and human capital investment," Journal of Institutional Economics, Cambridge University Press, vol. 13(2), pages 421-445, June.
- Tchorzewska, K.B. & Garcia-Quevedo, J. & Martinez-Ros, E., 2022. "The heterogeneous effects of environmental taxation on green technologies," Research Policy, Elsevier, vol. 51(7).
- Johann Graf Lambsdorff, 2003. "How Corruption Affects Productivity," Kyklos, Wiley Blackwell, vol. 56(4), pages 457-474, November.
- Isaac Ehrlich & Francis T. Lui, 1999. "Bureaucratic Corruption and Endogenous Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 107(S6), pages 270-293, December.
- Şeker, Murat & Yang, Judy S., 2014. "Bribery solicitations and firm performance in the Latin America and Caribbean region," Journal of Comparative Economics, Elsevier, vol. 42(1), pages 246-264.
- Emilia Peni, 2014. "CEO and Chairperson characteristics and firm performance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(1), pages 185-205, February.
- Cieślik, Andrzej & Goczek, Łukasz, 2018. "Control of corruption, international investment, and economic growth – Evidence from panel data," World Development, Elsevier, vol. 103(C), pages 323-335.
- Lui, Francis T, 1985. "An Equilibrium Queuing Model of Bribery," Journal of Political Economy, University of Chicago Press, vol. 93(4), pages 760-781, August.
- Jiang, Ting & Nie, Huihua, 2014. "The stained China miracle: Corruption, regulation, and firm performance," Economics Letters, Elsevier, vol. 123(3), pages 366-369.
- Hasan Faruq & Michael Webb & David Yi, 2013. "Corruption, Bureaucracy and Firm Productivity in A frica," Review of Development Economics, Wiley Blackwell, vol. 17(1), pages 117-129, February.
- Paolo Mauro, 1995. "Corruption and Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 681-712.
- Bircan, Çağatay & Saka, Orkun, 2021. "Lending cycles and real outcomes: costs of political misalignment," LSE Research Online Documents on Economics 115214, London School of Economics and Political Science, LSE Library.
- Vial, Virginie & Hanoteau, Julien, 2010. "Corruption, Manufacturing Plant Growth, and the Asian Paradox: Indonesian Evidence," World Development, Elsevier, vol. 38(5), pages 693-705, May.
- Bircan, Çağatay & Saka, Orkun, 2021. "Lending cycles and real outcomes: costs of political misalignment," LSE Research Online Documents on Economics 118902, London School of Economics and Political Science, LSE Library.
- Reinikka, Ritva & Svensson, Jakob, 2006. "Using Micro-Surveys to Measure and Explain Corruption," World Development, Elsevier, vol. 34(2), pages 359-370, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Spyridon Boikos & Mehmet Pinar & Thanasis Stengos, 2023. "Bribery, on-the-job training, and firm performance," Small Business Economics, Springer, vol. 60(1), pages 37-58, January.
- Lurdes Martins & Jorge Cerdeira & Aurora A.C. Teixeira, 2020. "Does corruption boost or harm firms’ performance in developing and emerging economies? A firm‐level study," The World Economy, Wiley Blackwell, vol. 43(8), pages 2119-2152, August.
- Nandika Sanath Kumanayake & Ajantha Sisira Kumara & Asankha Pallegedara, 2023. "The nexus between public sector corruption and private sector efficiency: Evidence from worldwide firm‐level data," Review of Development Economics, Wiley Blackwell, vol. 27(2), pages 1056-1077, May.
- Faris Alshubiri & Syed Ahsan Jamil & Samia Fekir, 2024. "Corruption Control, Government Effectiveness and Banking Stability: Does Corruption Grease or Sand the Wheels?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2656-2681, March.
- Lee, Mina & Mutlu, Canan & Lee, Seung-Hyun, 2023. "Bribery and Firm Growth: Sensemaking in CEE and Post-Soviet Countries," Journal of International Management, Elsevier, vol. 29(1).
- Uberti, Luca J., 2022. "Corruption and growth: Historical evidence, 1790–2010," Journal of Comparative Economics, Elsevier, vol. 50(2), pages 321-349.
- Maria Kravtsova & Aleksey Oshchepkov, 2019.
"Market And Network Corruption,"
HSE Working papers
WP BRP 209/EC/2019, National Research University Higher School of Economics.
- Maria Kravtsova & Aleksey Oshchepkov, 2019. "Market and Network Corruption," Working Papers 380, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
- Nhan Buu Phan & Shino Takayama, 2023. "A Model of Corruption and Heterogeneous Productivity: A Theoretical Approach," Discussion Papers Series 660, School of Economics, University of Queensland, Australia.
- Malkina, M. & Ovchinnikov, V., 2020. "Influence of regulatory burden and involvement of business in corruption on revenue: Grease vs sand effect," Journal of the New Economic Association, New Economic Association, vol. 47(3), pages 40-65.
- Fhima, Fredj & Nouira, Ridha & Sekkat, Khalid, 2023. "How does corruption affect sustainable development? A threshold non-linear analysis," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 505-523.
- Tran, Viet T. & Walle, Yabibal M. & Herwartz, Helmut, 2020. "The impact of local financial development on firm growth in Vietnam: Does the level of corruption matter?," European Journal of Political Economy, Elsevier, vol. 62(C).
- Priya, Pragati & Sharma, Chandan, 2023. "Reinforcing the effects of corruption and financial constraints on firm performance: Normal versus crisis period in developing economies," Economic Modelling, Elsevier, vol. 127(C).
- Chen, Minghua & Jeon, Bang Nam & Wang, Rui & Wu, Ji, 2015. "Corruption and bank risk-taking: Evidence from emerging economies," Emerging Markets Review, Elsevier, vol. 24(C), pages 122-148.
- Krifa-Schneider, Hadjila & Matei, Iuliana & Sattar, Abdul, 2022. "FDI, corruption and financial development around the world: A panel non-linear approach," Economic Modelling, Elsevier, vol. 110(C).
- Hung Quang Doan & Nam Hoang Vu & Binh Tran-Nam & Ngoc-Anh Nguyen, 2022. "Effects of tax administration corruption on innovation inputs and outputs: evidence from small and medium sized enterprises in Vietnam," Empirical Economics, Springer, vol. 62(4), pages 1773-1800, April.
- Barra, Cristian & Papaccio, Anna & Ruggiero, Nazzareno, 2024. "The interaction between corruption, bank cost efficiency and economic development in Italy," Economic Systems, Elsevier, vol. 48(3).
- Cai, Weixing & Hu, Feng & Xu, Fangming & Zheng, Liyi, 2022. "Anti-corruption campaign and corporate cash holdings: Evidence from China," Emerging Markets Review, Elsevier, vol. 51(PA).
- Dwiputri, Inayati Nuraini & Arsyad, Lincolin & Pradiptyo, Rimawan, 2018. "The corruption-income inequality trap: A study of Asian countries," Economics Discussion Papers 2018-81, Kiel Institute for the World Economy (IfW Kiel).
- Kouramoudou Kéïta & Hannu Laurila, 2021. "Corruption and Tax Burden: What Is the Joint Effect on Total Factor Productivity?," Economies, MDPI, vol. 9(1), pages 1-16, March.
- Méon, Pierre-Guillaume & Weill, Laurent, 2010.
"Is Corruption an Efficient Grease?,"
World Development, Elsevier, vol. 38(3), pages 244-259, March.
- Pierre-Guillaume Méon & Laurent Weill, "undated". "Is corruption an efficient grease?," ULB Institutional Repository 2013/8408, ULB -- Universite Libre de Bruxelles.
- Pierre-Guillaume Méon & Laurent Weill, 2008. "Is Corruption an Efficient Grease ?," Working Papers of LaRGE Research Center 2008-06, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
- Pierre-Guillaume Méon & Laurent Weill, 2010. "Is corruption an efficient grease?," ULB Institutional Repository 2013/92603, ULB -- Universite Libre de Bruxelles.
- Méon, Pierre-Guillaume & Weill, Laurent, 2008. "Is corruption an efficient grease?," BOFIT Discussion Papers 20/2008, Bank of Finland Institute for Emerging Economies (BOFIT).
More about this item
Keywords
Corruption; Regulation; Firm performance; Threshold; Grease the wheels; Sand the wheels;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:empeco:v:66:y:2024:i:1:d:10.1007_s00181-023-02456-0. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.