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Does Corruption Hurt Employment Growth of Financially Constrained Firms More ? (الإنجليزية)

Payments of bribes and the expenses incurred on rent-seeking activities impose a significant financial burden on private firms, which is compounded when they do not have enough funds of their own or find it costly to borrow externally. This paper hypothesizes that financial constraints magnify the harmful effects of corruption. It applies this idea to the impact of corruption on employment growth among private firms. Using firm-level survey data for...
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نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)


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