This paper investigates the macroeconomic impact of legislative complexity in relation to political cor- ruption on growth rate, welfare level and income distribution. After reviewing economic literature on corruption and legislative complexity, an endogenous model is provided. The main theoretical findings of the analysis are that a high level of legislative complexity, like political corruption, constitutes a constraint to growth, reduces the welfare and determines a redistribution of income in favor of the politicians.
POLITICAL CORRUPTION AND LEGISLATIVE COMPLEXITY: TWO SIDES OF SAME COIN?
Giuseppe Di Vita
Primo
Writing – Original Draft Preparation
2021-01-01
Abstract
This paper investigates the macroeconomic impact of legislative complexity in relation to political cor- ruption on growth rate, welfare level and income distribution. After reviewing economic literature on corruption and legislative complexity, an endogenous model is provided. The main theoretical findings of the analysis are that a high level of legislative complexity, like political corruption, constitutes a constraint to growth, reduces the welfare and determines a redistribution of income in favor of the politicians.File in questo prodotto:
| File | Dimensione | Formato | |
|---|---|---|---|
|
GDiVita SCED 2021.pdf
solo gestori archivio
Tipologia:
Versione Editoriale (PDF)
Dimensione
634.54 kB
Formato
Adobe PDF
|
634.54 kB | Adobe PDF | Visualizza/Apri |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
