The goal of this paper is to propose a simple paradigm for understanding rent seeking and corruption in the growth … economy is shown to fall into a trap of high rent seeking/corruption and low growth. Agents' perceptions about the external … rent seeking/corruption. Finally, our paradigm yields insights into the relationship of R&D, politicoeconomic equilibrium …

We consider a neoclassical growth model with endogenous corruption. Corruption and wealth, which are co-determined in … corruption, and if indeed as suggested by a number of empirical studies corruption hampers growth, then how did rich countries … relatively closed economies of the 19th century, the gains from corruption remained inside the country and became part of the …

bribe, which reduces corruption. Appropriate networks are more easily established in small towns, by long-term residents of … battle against corruption faced by policy-makers in rapidly urbanizing countries with high fertility. I show that victims of …