Corrupting Cartels: An Overview of the Petrobras Case

Giancarlo Spagnolo and Kleno Barbosa
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Kleno Barbosa: Stockholm Institute of Transition Economics

No 51, SITE Working Paper Series from Stockholm School of Economics, Stockholm Institute of Transition Economics

Abstract: This paper provides an overview of the corruption case and the connected cartels that affected one of the biggest Brazilian state-owned companies, Petrobras, and the highly controversial ‘Operation Car Wash’. We focus on the behavior of cartel members and study the size of the contracts affected or potentially affected by the illegal activity, comparing them with comparable sets of contracts selected with three different matching approaches.

Keywords: Corruption; Cartels; Brazil (search for similar items in EconPapers)
JEL-codes: F19 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2019-10-25, Revised 2019-10-30
New Economics Papers: this item is included in nep-com, nep-cta, nep-ind and nep-law
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