Arbeitspapier

Two sides of the same coin or two different coins? Exploring the duality of corruption in Latin America

The ambiguous phenomenon of corruption has long been the cause of great theoretical debate in economics. By using Structural Equation Modelling, with the two types of corruption as a latent variable, this paper employs causal and indicative variables specific to the Latin American region to test for rent seeking and systemic corruption in the period between 1980-2018. The findings provide evidence for two types of corruption, one generated by greed, and the other a solution to market failures. Such results support the view that corruption encompasses a complex set of social behaviours.

Sprache
Englisch

Erschienen in
Series: CREMA Working Paper ; No. 2021-26

Klassifikation
Wirtschaft
Bureaucracy; Administrative Processes in Public Organizations; Corruption
Illegal Behavior and the Enforcement of Law
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Thema
Rent Seeking Corruption
Systemic Corruption
Shadow Economy
Latin America

Ereignis
Geistige Schöpfung
(wer)
Hugo, Ella
Savage, David
Schneider, Friedrich
Torgler, Benno
Ereignis
Veröffentlichung
(wer)
Center for Research in Economics, Management and the Arts (CREMA)
(wo)
Zürich
(wann)
2021

Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Hugo, Ella
  • Savage, David
  • Schneider, Friedrich
  • Torgler, Benno
  • Center for Research in Economics, Management and the Arts (CREMA)

Entstanden

  • 2021

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