uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red … tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most … importantly, it is demonstrated that the increase in corruption via higher uncertainty exerts adverse effects on capital …

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 …

In this paper, we analyze 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 …

economy is also a¤ected by the di¤usion of corruption, its impact depending upon the cost of detecting a bribe agreement. When …

We study a parametric politico-economic model of economic growth with productive public goods and public consumption …

We study the role of the size of the economy in mitigating the impact of public sector corruption on economic … development. The analysis is based on a dynamic general equilibrium model in which growth occurs endogenously through the … enter the market considering the fraction of future profits that may be lost to corruption. We find that depending on the …

bribes paid nor gains from tax evasion are deterministic. To analyze effects of corruption by accounting for the uncertainty … corruption on production, which implies that corruption deteriorates the growth potential by preventing producers to enter high … productive sectors. Most importantly, it is demonstrated that the rise of corruption, by increasing uncertainty, exerts adverse …

In an environment with extensive corruption where much of the population evades paying their full taxes due, we tackle …

empirical evidence, we develop a simple model combining the standard Ak growth model with the tax evasion phenomenon. When …