New dimensions and approaches to anti-corruption policy

Informazioni relative al progetto

ANTICORPOL

ID dell’accordo di sovvenzione: 793347

DOI

10.3030/793347

Progetto chiuso

Data della firma CE 23 Marzo 2018

Data di avvio 1 Settembre 2018

Data di completamento 9 Settembre 2020

Finanziato da

• EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions

Costo totale

€ 173 076,00

Contributo UE

€ 173 076,00

Coordinato da

FONDATION NATIONALE DES SCIENCES POLITIQUES
France

Periodic Reporting for period 1 - ANTICORPOL (New dimensions and approaches to anti-corruption policy)

Periodo di rendicontazione: 2018-09-01 al 2020-08-31

Sintesi del contesto e degli obiettivi generali del progetto

This project attempts an economic approach to the issue of bribery with addressing two problems: (1) measurement of corruption, which is a thorny issue on empirical studies of corruption, and (2) exploring anti-corruption policies. This project proposes the degree of corruption as a new dimension that will improve on our understanding of corruption, by combining theoretical results with empirical applications.

These issues are very important for society because, in reality, corruption continues to be a central issue in the governance of institutions (public, private or mixed) - a phenomenon that costs the European economy around 120 billion euros per year. On the theoretical front, the existing literature views corruption decision as binary choices and fails to capture the degree of corruption of an individual. At the policy level, the scholars and practitioners working on the topic are facing the increasing awareness of the failure of most anti-corruption policies. On the empirical level, the current measurement of corruption is perceived or observed corruption which is usually confounded with many different things.

The overall objective of this project is to introduce a new dimension in the discussion of corruption: the degree of corruption (i.e. the depth as opposed to the spread). I maintain that in order to have a complete study of the issue of corruption, it is about time that we bring the degree of corruption into the discussion.

Lavoro eseguito dall’inizio del progetto fino alla fine del periodo coperto dalla relazione e principali risultati finora ottenuti

I developed a formal framework of individual decisions to participate in corruption, designed to capture not only the spread but also the depth of corruption.
I developed new anti-corruption policies which are based on the idea of market failures: economists are well aware of circumstances, such as adverse selection, moral hazard, negative externalities, where markets (i.e. exchanges) collapse.
I am working on collecting data on Chinese anti-corruption campaign to develop an empirical work about the effects of Chinese anti-corruption campaign on the firm's decisions and the stock market.

Progressi oltre lo stato dell’arte e potenziale impatto previsto (incluso l’impatto socioeconomico e le implicazioni sociali più ampie del progetto fino ad ora)

This project will Conceptualize the degree of corruption and identify its root causes in order to (a) provide a theoretical foundation to a new approach of measurement that accounts for the degree of corruption, and (b) evaluate the effectiveness of current anti-corruption policies. It will develop new anti-corruption policy proposals, in particular exploiting known market failures. Meanwhile, this project will identify empirically how the anti-corruption campaign is isolated capital cities, elections, public good provision, and foreign direct investment. Finally, this project will translate these findings into technical and non-technical reports for dissemination to the general public, policy analysts and relevant organizations, and in particular to feed the public debate on the issue of corruption.

This project promotes results, which may possibly influence policy-making, and be followed-up by industry, civil society and the scientific community. This project will develop results tailored to the European context which, unlike in the existing empirical literature, is still some way from the Federal one where anti-corruption policy is debated. The findings generated by this project will be disseminated to academic as well as non-academic audiences to inform the public debate on the roots of the corruption phenomenon as well as ideas and recommendations of new anti-corruption strategies.

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