Distribution and development in a model of misgovernance
| Autor: | Gonzalo F. Forgues-Puccio, Keith Blackburn |
|---|---|
| Rok vydání: | 2007 |
| Předmět: |
Macroeconomics
Economics and Econometrics inequality General equilibrium theory Inequality Corruption media_common.quotation_subject H26 jel:H26 D73 Economic inequality ddc:330 Economics Corruption inequality development Empirical evidence D31 media_common Government O11 Public economics jel:D73 Subsidy jel:D31 development Negative relationship jel:O11 Finance |
| Zdroj: | European Economic Review. 51:1534-1563 |
| ISSN: | 0014-2921 |
| DOI: | 10.1016/j.euroecorev.2006.10.003 |
| Popis: | This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is based on a dynamic general equilibrium model in which bureaucrats are appointed by the government to implement a redistributive programme of taxes and subsidies designed to benefit the poor. Corruption is reflected in bribery and tax evasion as bureaucrats conspire with the rich in providing false information to the government. In accordance with empirical evidence, the model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and development. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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