This paper considers the role of corruption in impelling capital flight. Identifying corruption as one dimension of poor governance, the empirical analysis explores direct linkages between corruption and capital flight in a broad sample of countries. The novelty of this investigation is that it is based on a portfolio choice model of asset allocation that explicitly recognizes corruption as con...

Corruption is an important economic variable but one that is extremely difficult to measure. As a result, researchers have resorted to using perception indexes as a proxy for true corruption. Recent studies suggest that perception measures are inaccurate, and have encouraged the use of methodologies that can measure fact-based corruption – corruption that actually takes place. In this paper, we...

While voluminous studies have attributed the continuing decline of institutional trust to political corruption, the link between corruption and institutional trust in Asia has yet been explored systematically. Testing the effect of corruption on institutional trust is theoretically important and empirically challenging, since many suggests that contextual factors in Asia such as political cultu...

The objective of this article is to discuss the potential of economic analysis as a tool for identification and evaluation of corruption in legislative acts. We propose that corruption be perceived as a risk variable within the legislative process. Therefore we find it appropriate to employ risk analysis methods, used in various fields of economics, for the evaluation of corruption in legislati...

The paper studies the influence of Gordon Tullock (1967) and the rent-seeking literature more generally on the study of corruption. The theoretical corruption literature with its emphasis on principal-agent relationships within government and rent creation by corruption politicians has largely, but not entirely, overlooked that contestable rents encourage unproductive use of real resources in s...

Nearly every study of police corruption hypothesizes that public experience of police corruption undermines the moral standing of the police. However, scarcely any studies actually test the hypothesis. My aim in this empirical study is to compare the effects of three dimensions of police corruption on perceptions of police trustworthiness, procedural justice and effectiveness. These three dimen...

This study aims to develop a valid, practical, and effective Problem Based Learning Model for Preventing Corruption improve students' anti-corruption attitudes in the Citizenship Education course at Health College. The process of developing this model refers ADDIE development model. results showed that validity which was actualized form books, lecturer student attitude instruments on criteria v...

The author builds an agent-based model wherein the societal corruption level is derived from individual corruption levels optimally chosen by heterogeneous agents with different risk aversion and human capital. The societal corruption level, in turn, affects the risk-return profile of corruption for the individual agents. Simulating a multi-generational economy with heterogeneous agents, the au...