INTERMEDIATED CORRUPTION

成果类型:
Article
署名作者:
Dusha, Elton
署名单位:
Universidad de Chile
刊物名称:
INTERNATIONAL ECONOMIC REVIEW
ISSN/ISSBN:
0020-6598
DOI:
10.1111/iere.12129
发表日期:
2015
页码:
997-1017
关键词:
middlemen MODEL
摘要:
I model the role of intermediaries in corruption and examine the effects of policy on the level of intermediated corruption, price of permits, and welfare. Intermediaries with a history of being honest earn higher premiums. The frequency of corrupt transactions is inversely related to income levels. When the government increases the fraction of profits that it extracts from entrepreneurs, intermediation intensifies, as entrepreneurs are reluctant to obtain licenses through legal means. Therefore, when business costs are high, measures to combat corruption transfer value to intermediaries. Increasing the frequency of governments audits can increase the equilibrium price of permits.
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