Elections and Corruption: Incentives to Steal or Incentives to Invest?

Fazekas, M., Hellmann, O. (2023) Elections and Corruption: Incentives to Steal or Incentives to Invest?. Studies in Comparative International Development. 

By now, most political systems around the world hold regular multiparty elections of different quality and type. However, we know relatively little about the effect of elections on corruption, especially in high-discretion, public procurement contracts implementing development aid. To address this gap in the literature, we employ unmatched comparisons and matching estimators to analyze a global government contracting dataset that …

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