Extortion or cost-reduction: why do firms pay bribes?

Do firms bribe government officials to reduce their costs or do bribe payments arise because of extortion from government officials? Using three of the Business Environment and Enterprise Performance surveys of firms across several countries and employing various estimation methodologies, this paper...

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Bibliographic Details
Main Author: Kevin Sylwester
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
Series:Journal of Applied Economics
Subjects:
Online Access:http://dx.doi.org/10.1080/15140326.2018.1526876