Corruption and inequality of wealth amongst the very rich
File(s)10.1007%2Fs11135-015-0202-4.pdf (422.95 KB)
Published version
Author(s)
Franses, Philip Hans
de Groot, Bert
Type
Journal Article
Abstract
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.
Date Issued
2015-04-21
Date Acceptance
2015-04-01
Citation
QUALITY & QUANTITY, 2015, 50 (3), pp.1245-1252
ISSN
0033-5177
Publisher
SPRINGER
Start Page
1245
End Page
1252
Journal / Book Title
QUALITY & QUANTITY
Volume
50
Issue
3
Copyright Statement
© 2015 The Author(s). Open Access. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Identifier
http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000374458900017&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
Subjects
Social Sciences
Science & Technology
Physical Sciences
Social Sciences, Interdisciplinary
Statistics & Probability
Social Sciences - Other Topics
Mathematics
Corruption
Inequality
Wealth
ECONOMIC-GROWTH
ORGANIZATIONAL CORRUPTION
PERCEPTIONS
ETHICS
Publication Status
Published