Economics & Business Seminar Series Events Publication
- E&BSS: Assessing the Impact of the Maternity Capital Policy in Russia - Fabian Slonimczyk (ICEF)
- E&BSS: Microfinance, poverty and education - Ralph De Haas (EBRD, London)
- E&BSS: Early School Exposure, Test Scores, and Noncognitive Outcomes - Thomas Cornelissen, Centre for Research and Analysis of Migration (CReAM), UCL
- E&BSS: Are the Inflation Rates from the New EU Member States Ready for ECB Managing? - Juan Carlos Cuestas (University of Sheffield)
- E&BSS: ‘Black Spots’ in Capital Structure Studies: The Case of Non-Existing Debt - Eugene Nivorozhkin (UCL SSEES)
- E&BSS: The European Financial Crisis-What Next? - Yumei Ji (UCL SSEES)
- Special Event: ‘Stuck in Transition’? EBRD-SSEES Transition Report Launch 2013
- E&BSS: Foreign Languages and Trade - Dr Jan Fidrmuc (Brunel University)
- E&BSS: Planning peace. Development policies in postwar Europe and the birth of development economics - Michele Alacevich (Columbia University, USA)
- E&BSS: Financial integration in Europe: Has the model failed for the 'periphery economies’? - Max Watson (Wolfson College, University of Oxford)
- E&BSS: Bank Lending and Firm Innovation: Evidence from Russia - Ralph De Haas (EBRD, UK)
- E&BSS: The urban-rural divide in educational outcome: Evidence from Russia - Chiara Amini (London Metropolitan University, UK)
- E&BSS: European perspectives of Ukraine: the end of multi-vector policy? - Igor Yegorov (Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine)
- E&BSS: Foreign-owned banks and dependent financialization in Eastern Europe - Daniela Gabor (Bristol Business School, UK)
- E&BSS: A Neo-Institutional Framework To Analyse Tax Evasion by Owners-Managers in the Transition Business Environment - Tomasz Mickiewicz (Aston University; ESRC Enterprise Research Centre, UK)
- E&BSS: Corruption and management practices. Firm-level evidence - Daphne Athanasouli (UCL SSEES)
- E&BSS: The Joint Impact of Labour market Policies and Crises on Total and Youth Unemployment in Europe - Silvia Dal Bianco, London Metropolitan University, UK
We argue that corruption can decrease aggregate productivity by deteriorating firm management practices. More...
Starts: Mar 18, 2014 5:00:00 PM
E&BSS: The urban-rural divide in educational outcome: Evidence from Russia - Chiara Amini (London Metropolitan University, UK)
This paper analyses the differences in educational achievement between urban and rural Russian secondary school students using data from the Program for International Student Assessment (PISA) surveys. More...
Starts: Feb 11, 2014 5:30:00 PM
E&BSS: Corruption and management practices. Firm-level evidence - Daphne Athanasouli (UCL SSEES)
Publication date: Jan 28, 2014 3:32:16 PM
Mar 18, 2014 5:00:00 PM
End: Mar 18, 2014 6:30:00 PM
Location: Room 347, 16 Taviton Street, UCL, London, WC1H 0BW
We argue that corruption can decrease aggregate productivity by deteriorating firm management practices.
We investigate the impact of regional corruption on the management quality of firms within the manufacturing sector in Central and Eastern Europe. The empirical challenge is that bribing practices in the public sector may evolve in response to firm behaviours, and regional corruption is measured with error. To identify causal effects, our preferred specifications use a difference-in-differences methodology. We measure the manufacturing industries' sensitivity to corruption using their level of dependence to contract institutions. Controlling for regional and manufacturing industry - country fixed effects, we find that firms in more contract dependent industries located in more corrupt regions tend to have lower management quality, more centralized decision-making process and lower level of education of administrative workers. In more corrupt regions, contract dependent firms are also characterized by lower investments in R&D and smaller product markets. We show that these results are unlikely to be driven by omitted variables, outliers, or reverse causality.
Daphne is Teaching Fellow at UCL SSEES and about to complete her PhD thesis on linkages between corruption and private and public sector management. She presented her research at number of international conference including Annual Conference of the Royal Economic Society and Asian Meeting of the Econometric Society.
- For more details contact: Dr Svetlana Makarova