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In this paper, we analyse implications of corruption on growth. We extend existing growth models by incorporating … therefore causes income redistribution and inefficiencies in the public sector. These effects of corruption lead to lower growth … ubiquitous corruption as a by-product of the public sector. Corruption affects both taxation and public good provision, and …
Persistent link: https://www.econbiz.de/10005064085
tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most …Corruption in the public sector erodes tax compliance and leads to higher tax evasion. Moreover, corrupt public … uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red …
Persistent link: https://www.econbiz.de/10005790170
tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most …Corruption in the public sector erodes tax compliance and leads to higher tax evasion. Moreover, corrupt public … uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red …
Persistent link: https://www.econbiz.de/10005064170
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government’s reliance on … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …
Persistent link: https://www.econbiz.de/10005181368
impacts corruption has on the size of the shadow economy as well as on the individual sources of long-term economic growth …'s growth, but at the same time, it demonstrates that corruption and especially its perception has a significantly different …While assessing the economic impacts of corruption, the corruption-related transmission channels which influence …
Persistent link: https://www.econbiz.de/10012483331
institutional infrastructure and legal capacity. Economic growth challenges this equilibrium and incentivizes rulers to invest in …
Persistent link: https://www.econbiz.de/10014260112
There has been a dramatic change in the division of responsibility between the state and the private sector for the delivery of public goods and services in recent years with an increasing trend towards contracting out to the private sector and ‘public-private partnerships’. This Paper...
Persistent link: https://www.econbiz.de/10005661980
Based on a first-hand account, this paper offers evidence on corrupt price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing regime in the USSR. The evidence is anecdotal, and is based on personal experience during the years 1960–1971...
Persistent link: https://www.econbiz.de/10012120325
prices. The evidence offers a glimpse of quite explicit micro-level evidence on various types of behavior and corruption that …
Persistent link: https://www.econbiz.de/10012140513
prices. The evidence offers a glimpse of quite explicit micro-level evidence on various types of behavior and corruption that …
Persistent link: https://www.econbiz.de/10014057202