DE LA CROIX, David; DELAVALLADE, Clara - Center for Operations Research and Econometrics (CORE), … - 2006
Corruption is thought to prevent poor countries from catching-up. We analyze one channel through which corruption …-seeking. At equilibrium, the intensity of corruption and the structure of public investment are determined by the predatory … without corruption in which there is no effective corruption yet still the possibility of corruption distorts the allocation …