Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5068110 | European Journal of Political Economy | 2014 | 18 Pages |
Abstract
This paper examines the relation between political corruption and the composition of public spending. A rent-seeking model is used to describe political rent creation through the composition of public spending. Political corruption is indicated by empirical results for 29 OECD countries for the period 1996-2009: allocation of public spending to expenditure categories characterized by high-technology goods supplied by non-competitive industries varies positively with the Corruption Perceptions Index (CPI) provided by Transparency International. Previous literature on corruption in government has focused on low-income countries. The results of this study suggest that political corruption is also an issue in OECD countries.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Zohal Hessami,