The Welfare Costs of Corruption
Abstract: Corruption has been shown to affect a variety of economic indicators, especially GDP per capita. However, as GDP is not a genuine indicator of welfare, it may reflect the welfare costs of corruption only in an incomplete way. This paper uses self-rated subjective well-being as an empirical approximation to general welfare and shows that cross-national welfare - operationalized in this way - is affected by corruption not only indirectly, through GDP, but also directly, through non-material factors. The paper estimates the size of these effects as well as their monetary equivalent. The direct effect - not previously investigated in the corruption literature - is found to be substantially larger than the indirect effect
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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Online-Ressource
- Language
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Englisch
- Notes
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Postprint
begutachtet (peer reviewed)
In: Applied Economics ; 40 (2008) 14 ; 1839-1849
- Classification
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Soziale Probleme, Sozialdienste, Versicherungen
- Keyword
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Korruption
Soziale Kosten
Wohlfahrtseffekt
Schätzung
Lebensqualität
:z Geschichte 1998-2003
- DOI
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10.1080/00036840600905225
- URN
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urn:nbn:de:0168-ssoar-240366
- Rights
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
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14.08.2025, 10:48 AM CEST
Data provider
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
Time of origin
- 2008
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