Political corruption and legislative complexity: Two sides of same coin?

Giuseppe Di Vita

Structural Change and Economic Dynamics, 2021, vol. 57, issue C, 136-147

Abstract: This paper investigates the macroeconomic impact of legislative complexity in relation to political corruption on growth rate, welfare level and income distribution. After reviewing economic literature on corruption and legislative complexity, an endogenous model is provided. The main theoretical findings of the analysis are that a high level of legislative complexity, like political corruption, constitutes a constraint to growth, reduces the welfare and determines a redistribution of income in favor of the politicians.

Keywords: Asymmetric information; Economic growth; Income distribution; Legislative complexity; Political corruption JEL classification: 043; K42 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:57:y:2021:i:c:p:136-147

DOI: 10.1016/j.strueco.2021.03.004

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