Figure 2.
Two side by side line graphs titled Predictive Margins display the relationship between Corruption Perception Index distance and predicted number of events. Panel A presents results for China, with Corruption Perception Index distance on the horizontal axis and Predicted Number of Events on the vertical axis. The line slopes downward, indicating that as Corruption Perception Index distance increases, the predicted number of events decreases from approximately 2.3 to about 1.2. Panel B presents results for Russia, with the vertical axis labelled Predicted Number of Events assuming U I equals 0. This line also shows a steady decline, with predicted events decreasing from about 1.5 to roughly 0.5 as Corruption Perception Index distance increases.Marginal effects of corruption distance on the number of unrealized deals