Article
Corruption and Technological Progress: A Takeoff Theory of Good Governance
Atlantic Economic Journal
Document Type
Article
Publication Date
9-1-2006
Disciplines
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.
DOI
10.1007/s11293-006-9017-y
Citation Information
Evan W. Osborne. "Corruption and Technological Progress: A Takeoff Theory of Good Governance" Atlantic Economic Journal Vol. 34 Iss. 3 (2006) p. 289 - 302 ISSN: 0197-4254 Available at: http://works.bepress.com/evan_osborne/45/