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Corruption and government roles : Causes, economic effects, and scope

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  • Corruption and government roles
  • Kim, Young Se; Lee, Jong Won
  • The Association of Korean Economic Studies


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Title Corruption and government roles
Similar Titles
Sub Title

Causes, economic effects, and scope

Material Type Articles
Author(English)

Kim, Young Se; Lee, Jong Won

Publisher

[Seoul]:The Association of Korean Economic Studies

Date 2011-12
Journal Title; Vol./Issue Korea and the World Economy:vol. 12(no. 3)
Pages 41
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Government and Law < Public Administration
Holding AKES

Abstract

This paper reviews recent advances in the economic literature on corruption in order to put some of this material into a broader analytic perspective. Using widely accepted definition of corruption in the literature, we argue that excessively centralized government structure is one of the ultimate factors that drive high level of corruption. In accordance with existing studies, we found there is ample evidence that corruption reduces economic efficiencies and has significant distributional consequences. In addition, due to widespread criticism of conventional perception-based corruption measures, we develop alternative measure of corruption that allows more fruitful empirical studies. The estimated magnitude of corruption in Korea suggests a number of important policy implications.