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生产要素与腐败(Factors of production and corruption)
生产要素与腐败(Factors of production and corruption)
Integrity Online
Home, Zhejiang overview, unit profiles, information dynamics, the Municipal Commission for Discipline Inspection and Supervision Bureau, the various stationed (out) discipline inspection and supervision institutions 2014-03-05 Wednesday
Economic analysis of corruption
Wen / Yang Xiaoguang
As a political concept, corruption is more fully researched and analyzed from the perspectives of politics and law. With the deepening of the struggle against corruption, many disciplines have tried to study corruption from their own point of view. This article intends to analyze corruption from an economic point of view.
The definition of corruption in Economics
Although corruption is a political term, it does not prevent its definition from an economic point of view. At present, the definition of corruption in economics is mainly from the two angles of rent-seeking and principal-agent. The so-called rent-seeking, broadly speaking, refers to the non productive activities of people the pursuit of economic interests, or refers to non production activities for the maintenance or redistribution of vested interest; in a narrow sense, refers to the use of administrative legal means to hinder the free movement of factors of production between different industries, free competition in order to maintain a vested interest or behavior. Is that corruption and rent-seeking in common use of public power, economic active creation and rent seeking. Although rent-seeking is not exactly equivalent to corruption, the analysis of corruption from the perspective of rent-seeking helps to find the drawbacks and loopholes in the operation of public power. The definition of corruption refers to the principal-agent point of view, if a third party tried to bribe means to influence the agents words, so he may pay a sum of money illegally to the agent, and the money is not turned over to the client, which is corrupt. It is clear that the above def
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