What Anti-Corruption Policy Can Learn from Theories of Sector Regulation

34 Pages Posted: 29 Nov 2010

See all articles by Antonio Estache

Antonio Estache

Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES)

Liam Wren-Lewis

Paris School of Economics (PSE)

Date Written: October 2010

Abstract

This paper reviews the theories of corruption in regulated sectors to further understand the impact of corruption and the ways in which it can be reduced. The aim is to draw out the policy implications of the different theoretical approaches and to examine the support that can be garnered for such policies from empirical evidence and practice. We then attempt to draw out some of the broader lessons that can be learnt for anti-corruption policy in general.

Keywords: corruption, infrastructure, regulation

JEL Classification: D73, D82, L5, L9

Suggested Citation

Estache, Antonio and Wren-Lewis, Liam, What Anti-Corruption Policy Can Learn from Theories of Sector Regulation (October 2010). CEPR Discussion Paper No. DP8082. Available at SSRN: https://ssrn.com/abstract=1714854

Antonio Estache (Contact Author)

Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES) ( email )

Ave. Franklin D Roosevelt, 50 - C.P. 114
Brussels, B-1050
Belgium
32 (0)2 6503838 (Phone)

Liam Wren-Lewis

Paris School of Economics (PSE) ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France

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