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Does "Grease Money" Speed Up the Wheels of Commerce?

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NBER1999-04-01 更新2025-01-04 收录
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In an environment in which bureaucratic burden and delay are exogenous, an individual firm may find bribes helpful to reduce the effective red tape it faces. The efficient grease' hypothesis asserts therefore that corruption can improve economic efficiency and that fighting bribery would be counter

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1999-04-01
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