期刊名称:Organizations and Markets in Emerging Economies
印刷版ISSN:2029-4581
出版年度:2011
卷号:2
期号:1
页码:24-33
DOI:10.15388/omee.2011.2.1.14287
出版社:Vilnius University
摘要:Regulation may give rise to corrupt practices thereby resulting in welfare loss in an economy. This research aims at measuring the impact of corruption on the real estate sector of Dhaka city, the capital of Bangladesh. It makes an attempt to measure the welfare loss resulting from corrupt practices exercised mainly by government regulatory agencies. Bribe and extortion fee are the two main indicators whereby welfare loss is measured. Evidence from the study reveals that around 8 floors are lost due to payment of bribe and other such payments.