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 …

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 …

reduce the growth rate of the public capital stock. We also show that, in the interior equilibrium, the private asset can …

growth. Here corruption takes three forms: (i) it reduces the tax revenue raised from households, (ii) it inflates the volume … corruption impacts upon growth, and the conditions under which the direction of the effect takes shape. The findings from our … corruption on economic growth offered in the literature. …

informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic … the empirical literature because it studies the effect of the interaction between growth and corruption in the informal …, economic growth interacts with corruption and produces negative net effects up to a corruption threshold of 4.79745 when this …

rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption …, public and private agents to fight corruption, in view of decreasing the informal economic sector through economic growth. …This paper is interested in explaining the causes of the simultaneous evolution between economic growth and informality …

productivity activities and another one involving corruption activities to get things done was developed. The model follows the … optimal control theory process. Two operational equations are derived representing firm growth and shadow-price behavior. Firm … with government regulations, were positive and significant predictors of firm output growth and the shadow-price of its …

A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We … dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …

. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of …This article investigates the relationship between corruption and firm performance in Greece using firm level data … 'administrative corruption', whereby firms engage in corrupt practices and bribery of government officials. We contrast the firm …

weak identification. He finds a negative impact of corruption on investment and economic growth that appears to be robust … commonly used in the corruption literature and obtain similar results. …