2016-05-01
Corruption and inequality of wealth amongst the very rich
Publication
Publication
Quality and Quantity: international journal of methodology , Volume 50 - Issue 3 p. 1245- 1252
Corruption may lead to tax evasion and unbalanced favors and this may lead to extraordinary wealth amongst a few. We study for 13 countries 6 years of Forbes rankings data and we examine whether corruption leads to more inequality amongst the wealthiest. When we correct in our panel model for current and one-year lagged competitiveness and GDP growth rates, we find no such effect. In fact, we find that more competitiveness decreases inequality amongst the wealthiest.
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| , , | |
| doi.org/10.1007/s11135-015-0202-4, hdl.handle.net/1765/80123 | |
| Econometric Institute Reprint Series , ERIM Top-Core Articles | |
| Quality and Quantity: international journal of methodology | |
| Organisation | Erasmus School of Economics |
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Franses, P. H., & de Groot, B. (2016). Corruption and inequality of wealth amongst the very rich. Quality and Quantity: international journal of methodology, 50(3), 1245–1252. doi:10.1007/s11135-015-0202-4 |
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