机构地区: 中山大学岭南学院
出 处: 《经济学(季刊)》 2010年第3期1467-1484,共18页
摘 要: 运用欧洲复兴与开发银行(EBRD)在转型经济国家进行的BEEPS调查数据,本文研究了转型经济中企业增长与贿赂的关系。控制了企业、行业、制度和宏观经济的相关因素,以及控制了遗漏企业隐含特征所造成的内生性问题后,发现企业的贿赂与增长间存在显著的正向关系。进一步的研究表明贿赂能够通过降低官员掠夺(“保护费”功能),或帮助企业获得资源(“润滑剂”功能)来促进企业增长,这体现了贿赂的“关系资本”作用。 Using the BEEPS data provided by EBRD, this paper studies the relationship between firm growth and its paid bribery. Controlling for firm characteristics, industries, institutions and macroeconomic conditions and handling the endogenous problem caused by hidden firm characteristics, this paper finds a positive relationship between bribery and firm growth. In addition, bribery is found to lower predatory taxes and to help firms gaining relational capital. These findings support the "protection money" and "greasing money" hypotheses.