The cost of corruption

Vicente Monteverde

Journal of Financial Crime, 2019, vol. 26, issue 2, 568-582

Abstract: Purpose - The purpose of this paper is to examine the ways for the formulation of a model for calculating the cost of corruption per country, taking into account the social cost. Design/methodology/approach - The methodology is practical exploration; the model is formulated along with the social cost of specific calculation. Based on two specific acts of corruption, bribery and overpricing of public works, these acts are private and public corruption. From there, the model is formulated along with the social cost of specific calculation, based on two specific acts of corruption, bribery and overpricing of public works. Findings - This paper concludes that the model is applicable to all the countries of the world, based on their tax structure. Research limitations/implications - Limitations do not exist in the model; the additional implications are the extension of the model. The model can be used for local governments or countries. Practical implications - Countries can calculate the theoretical cost of corruption in their local, regional or national economies, based on two specific acts of corruption, in political, private and public corruption; bribery and overpricing of public works. Social implications - The social implications include knowing the theoretical cost of corruption and their effects. Originality/value - The model calculates the cost of corruption and its economic and social impact.

Keywords: Corruption; Bribes; Surcharges; Cost of corruption; A13; D73; P16 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:jfc-04-2018-0046

DOI: 10.1108/JFC-04-2018-0046

Access Statistics for this article

Journal of Financial Crime is currently edited by Dr Li Hong Xing and Prof Barry Rider

More articles in Journal of Financial Crime from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().