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Article
Corruption and Technological Progress: A Takeoff Theory of Good Governance
Atlantic Economic Journal (2006)
  • Evan W. Osborne, Wright State University - Main Campus
Abstract

Corruption is known to be a function of its return relative to productive activity. But the idea that corruption might itself respond to technological progress has not been emphasized. This paper presents an approach for thinking about institutional features that lower corruption by lowering its relative return. Policies that promote productivity growth in market exchange may cause the relative reward to rent-seeking to decline. The evolutionary development of anti-corruption efforts may be a normal part of modernization, much as changes in income distribution and urbanization.

Keywords
  • corruption,
  • technological progress,
  • good governance,
  • technological innovations,
  • productivity accounting,
  • industrial productivity,
  • D72,
  • O17
Publication Date
September 1, 2006
Citation Information
Evan W. Osborne. "Corruption and Technological Progress: A Takeoff Theory of Good Governance" Atlantic Economic Journal Vol. 34 Iss. 3 (2006)
Available at: http://works.bepress.com/evan_osborne/28/