Endogenous corruption in economic development

Bureaucratic Corruption and Endogenous Economic Growth

There appears to be significant diversity in the incidence of bureaucratic corruption across countries at different stages of economic development and under different political and economic regimes. Little theoretical or empirical analysis has been offered, however, on the link between corruption, government, and growth. The paper attempts to fill the void through equilibrium models of endogeno...

Corruption Clubs : Endogenous Thresholds in Corruption and Development

The relationship between corruption and economic development is characterised by three stylised facts: (i) a strong negative correlation between corruption and development (ii) countries can remain trapped in high corruption-low development or low corruption-high development equilibria (iii) amongst intermediate levels of development corruption levels are more variable, some countries have high...

Corruption , Economic Development , and Insecurity in Colombia

This research evaluates the connection between corruption, economic development, and insecurity in several Colombian departments. This chapter explores the dynamics of these variables using two empirical techniques: the Data Envelopment Analysis (DEA) and the Dynamic Panel Data Model (DPDM). DEA is performed to evaluate social performance in terms of corruption, economic development, and insecu...

Corruption , economic development and environmental policy

Economic Effects of Corruption

What are the major challenges, fault lines, and potential adversities (these terms are used synonymously) that China’s economic development will encounter over the next decade?1 How severely will China’s overall economic performance be affected if these adversities occur separately or in clusters? This book addresses these key questions. We deliberately concentrate on what might go seriously aw...