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Political corruption, public procurement, and budget composition : Theory and evidence from OECD countries

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2014

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European Journal of Political Economy. 2014, 34, pp. 372-389. ISSN 0176-2680. eISSN 1873-5703. Available under: doi: 10.1016/j.ejpoleco.2014.02.005

Zusammenfassung

This paper examines the relation between political corruption and the composition of public spending. A rent-seeking model is used to describe political rent creation through the composition of public spending. Political corruption is indicated by empirical results for 29 OECD countries for the period 1996–2009: allocation of public spending to expenditure categories characterized by high-technology goods supplied by non-competitive industries varies positively with the Corruption Perceptions Index (CPI) provided by Transparency International. Previous literature on corruption in government has focused on low-income countries. The results of this study suggest that political corruption is also an issue in OECD countries.

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Fachgebiet (DDC)
330 Wirtschaft

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Corruption, Rent seeking, Rent creation, Public procurement, Budget composition

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ISO 690HESSAMI, Zohal, 2014. Political corruption, public procurement, and budget composition : Theory and evidence from OECD countries. In: European Journal of Political Economy. 2014, 34, pp. 372-389. ISSN 0176-2680. eISSN 1873-5703. Available under: doi: 10.1016/j.ejpoleco.2014.02.005
BibTex
@article{Hessami2014Polit-30032,
  year={2014},
  doi={10.1016/j.ejpoleco.2014.02.005},
  title={Political corruption, public procurement, and budget composition : Theory and evidence from OECD countries},
  volume={34},
  issn={0176-2680},
  journal={European Journal of Political Economy},
  pages={372--389},
  author={Hessami, Zohal}
}
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