Bureaucratic competition versus monopoly: measuring corruption and welfare
Panchali Banerjee (panchali.banerjee89@gmail.com) and
Vivekananda Mukherjee
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Panchali Banerjee: Jadavpur University
Indian Economic Review, 2020, vol. 55, issue 1, No 4, 65 pages
Abstract:
Abstract The paper constructs a framework where both welfare-impact and corruption-impact of the introduction of competition in a monopoly bureaucracy can be derived. Two different measures of corruption i.e. Incidence of Corruption and Corruption Rents have been applied to measure two different types of corruption: extortion and collusion. The paper shows that the conclusion we draw about corruption-impact and welfare-impact of the introduction of competition in a bureaucracy depends on the type of corruption we are looking at and the type of measure we are using. It also shows that with the introduction of competition in a monopoly bureaucracy the corruption measure and the welfare measure of an economy may move in opposite directions. The policy implications of the results are discussed.
Keywords: Corruption; Competition; Bureaucracy; Measures of corruption; Extortion; Collusion (search for similar items in EconPapers)
JEL-codes: D73 K42 (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/s41775-020-00080-8
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