Does Competition Kill Corruption?
Corrupt agents (officials or gangsters) exact money from firms. Corruption affects the number of firms in a free-entry equilibrium. The degree of deep competition in the economy increases with lower overhead costs relative to profits and with a tendency toward similar cost structures. Increases in c...
প্রধান লেখক: | , |
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বিন্যাস: | Journal article |
প্রকাশিত: |
1997
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