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Why do committees exist? The extant literature emphasizes that they pool dispersed information across members. In this paper, we argue that they may also serve to discourage outside influence or capture by raising its cost. As such, committees may contain members who add no new information to...
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This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in … eliminate corruption. The analysis predicts that in politically unstable regimes, the institutions necessary to monitor and … enforce compliance are weak. In such countries, corruption is more pervasive and the compliance with regulations is low. The …
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This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in … eliminate corruption. The analysis predicts that in politically unstable regimes the institutions necessary to monitor and … enforce compliance are weak. In such countries corruption is more pervasive and the compliance with regulations is low. The …
Persistent link: https://www.econbiz.de/10012782668
. Political instability has a negative effect on the stringency of environmental regulations if the level of corruption is low …, but a positive effect when the degree of corruption is high. Corruption reduces the stringency of environmental …
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