Journal of Economics and Finance

Publishes theoretical and empirical articles in the general areas of economics and finance. 

Articles from Vol. 30, No. 2, Summer

Corruption and Distribution of Public Spending in Developing Countries
AbstractThis paper empirically examines the impact of corruption on the structure of government spending by sector. Using the three-stage least squares method on 64 countries between 1996 and 2001, we show that public corruption distorts the structure...
CORRUPTION AND THE OWNERSHIP COMPOSITION OF THE MULTINATIONAL FIRM AT THE TIME OF ENTRY: EVIDENCE FROM TURKEY^sup ~^
AbstractThis paper presents an empirical assessment of the relationship between corruption and the ownership structure of foreign direct investment receipts by Turkey. Two forms of ownership structures are considered: joint venture and wholly owned subsidiary....
Corruption in Transition Economies: Effects of Government Size, Country Size and Economic Reforms
AbstractThis paper uses annual pooled data over 1998-2002 for transition countries to examine whether government size or country size matters more in its impact on corruption; and whether piecemeal reforms or comprehensive transition reforms are desirable...
Empirics of Corruption and Crime: Symposium Editor's Introduction
The search for determinants of economic growth has been a central and recurring theme in the economics literature going as far back as the classics, but the formal analysis of the question in the modern sense was first introduced through the neo-classical...
The Effects of Corruption on Growth Performance of the Mena Countries
AbstractThis article aims at testing the effects of institutional characteristics on growth in countries of the Middle East and North Africa (MENA) region. For this purpose, we consider conditional convergence in terms of initial conditions, macroeconomic...
The Impact of Productivity Adjusted Deviations from Ppp on the U.S. Inbound Fdi: Evidence from Japan, U.K. and Germany
AbstractIn this paper, we investigate the degree to which productivity adjusted deviations from PPP influence the U.S. inbound FDI. Our results show a significant negative relationship between productivity adjusted misalignments and the U.S. inbound...