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
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Hugo, Ella
- Savage, David
- Schneider, Friedrich
- Torgler, Benno
- Center for Research in Economics, Management and the Arts (CREMA)
Entstanden
- 2021