Are new states more corrupt? Expert opinions vs. firms’ experiences
Michael Breen () and
Robert Gillanders ()
No 201720, Working Papers from School of Economics, University College Dublin
We find that new states are perceived to be more corrupt even though businesses do not report more bribery in newer states. This is suggestive of an unearned, and likely high, reputational cost to being a new state. These findings hold over a number of specifications that include additional economic, historical, and geographic controls.
Keywords: Corruption; Corruption perceptions; Bribery; State age (search for similar items in EconPapers)
JEL-codes: D70 D73 D90 D02 F21 F23 (search for similar items in EconPapers)
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http://hdl.handle.net/10197/9094 First version, 2017 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:201720
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