Unraveling Corruption and State Capacity With Heterogeneous Productivity
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DOI: 10.1002/soej.12789
Abstract: We present a model of corruption involving entrepreneurs with heterogeneous productivities. The model incorporates two types of technologies: a costly “good” technology that generates positive externalities and a “bad” technology that is cheaper to adopt… read more here.
Keywords: unraveling corruption; corruption; productivity; state capacity ... See more keywords