کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
992509 935805 2008 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Threshold Effects of Corruption: Theory and Evidence
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Threshold Effects of Corruption: Theory and Evidence
چکیده انگلیسی

SummaryWe examine the impact of corruption on the quality of public infrastructure. We propose a model in which private vendors supply governments with inputs necessary for the production of public goods. Asymmetric information between the two parties creates opportunities for vendors to earn profits. These profits can be re-distributed to government bureaucrats without impacting on the contractual form, as long as firms do not operate at a loss. Thus corruption adversely affects the provision of public goods only when it crosses a threshold. These results are examined in a sample of up to 125 countries. Consistent with our theory, we find strong evidence of a “corruption threshold.”

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: World Development - Volume 36, Issue 7, July 2008, Pages 1173–1191
نویسندگان
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