In this paper we try to construct an hypothesis as to why, as data seem to show, countries that adopt more "transparent procurement", as calculated by the share of tender advertised publicly, are also the ones where corruption is considered more pervasive. We describe an economy where in...

In this paper I present a brief survey on corruption from an economic point of view. Since corruption is a very complex phenomenon, the first part of the work gives an overview of possible definitions of corruption offered by the economic literature. Then, I focus on the major causes which may...

In this paper we explore tax revenue in a regime of widespread corruption in a static and dynamic framework. We prove that the relationship between tax rate and tax collection is not linear. In astatic context, this may bring about a Laffer-like behavior of overall tax revenue. A higher tax...