5,694 research outputs found
Who gets caught for corruption when corruption is pervasive? Evidence from China’s anti-bribery blacklist
© 2016 Informa UK Limited, trading as Taylor & Francis Group. This article empirically investigates why in a corruption-pervasive country only a minority of the firms get caught for bribery while the majority get away with it. By matching manufacturing firms to a blacklist of bribers in the healthcare sector of a province in China, we show that the government-led blacklisting is selective: while economically more visible firms are slightly more likely to be blacklisted, state-controlled firms are the most protected compared to their private and foreign competitors. Our finding points to the fact that a government can use regulations to impose its preferences when the rule of law is weak and the rule of government is strong
Large Deviations for Stochastic Generalized Porous Media Equations
The large deviation principle is established for the distributions of a class
of generalized stochastic porous media equations for both small noise and short
time.Comment: 15 pages; BiBoS-Preprint No. 05-11-196; publication in preparatio
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