A Review of the Causes and Effects of Corruption in the Economic Analysis
S. Caneppele, F. Calderoni (eds.), Organized Crime, Corruption, and Crime Prevention, pp. 187-195. Springer International Publishing Switzerland, 2014. DOI: 10.1007/978-3-319-01839-322
9 Pages Posted: 29 Dec 2013 Last revised: 2 Nov 2017
Date Written: 2014
This study reviews the economic analysis of the causes of corruption and its effects on economic performance. It consists of both an updated version of previous surveys and a rapid guide to the main achievements on this topic. Although economists have devoted a lot of attention to corruption, there is still conflicting evidence on the causality relationship between corruption and several variables such as economic growth, regulation, competition, and public spending, but also on potential beneficial or detrimental effects of corruption.
Keywords: Economic Growth, Corruption, Bureaucracy, Rent-Seeking
JEL Classification: D73, O43
Suggested Citation: Suggested Citation