Market and network corruption: Theory and evidence
Research output: Journal contributions › Journal articles › Research › peer-review
Standard
In: Crime, Law and Social Change, Vol. 81, No. 1, 01.2024, p. 27-51.
Research output: Journal contributions › Journal articles › Research › peer-review
Harvard
APA
Vancouver
Bibtex
}
RIS
TY - JOUR
T1 - Market and network corruption
T2 - Theory and evidence
AU - Kravtsova, Maria
AU - Oshchepkov, Aleksey
N1 - The article was prepared within the framework of the HSE University Basic Research Program. Publisher Copyright: © 2023, The Author(s), under exclusive licence to Springer Nature B.V.
PY - 2024/1
Y1 - 2024/1
N2 - In this paper, we study a division between market corruption—impersonal bribery—and network corruption that operates through social connections. We provide a thorough theoretical discussion of this division, compare it with other categorizations of corruption, and also demonstrate differences between market and network corruption existing in practice. Using data from the World Economic Forum in the period from 2007 to 2016 we measure market and network corruption across about 150 countries all over the globe and show that network corruption is more related to countries’ cultural backgrounds and more harmful to investments than market corruption. Overall, our paper argues that the market-network dimension, unfairly abandoned in the literature, may be useful for better understanding of such a complex phenomenon as corruption.
AB - In this paper, we study a division between market corruption—impersonal bribery—and network corruption that operates through social connections. We provide a thorough theoretical discussion of this division, compare it with other categorizations of corruption, and also demonstrate differences between market and network corruption existing in practice. Using data from the World Economic Forum in the period from 2007 to 2016 we measure market and network corruption across about 150 countries all over the globe and show that network corruption is more related to countries’ cultural backgrounds and more harmful to investments than market corruption. Overall, our paper argues that the market-network dimension, unfairly abandoned in the literature, may be useful for better understanding of such a complex phenomenon as corruption.
KW - Blat
KW - Bribery
KW - D73
KW - L26
KW - Market corruption
KW - Network corruption
KW - Parochial corruption
KW - Z13
KW - Politics
UR - http://www.scopus.com/inward/record.url?scp=85164478969&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/f89be53c-4fd7-38cc-93ea-760c1be5a54a/
U2 - 10.1007/s10611-023-10103-z
DO - 10.1007/s10611-023-10103-z
M3 - Journal articles
AN - SCOPUS:85164478969
VL - 81
SP - 27
EP - 51
JO - Crime, Law and Social Change
JF - Crime, Law and Social Change
SN - 0925-4994
IS - 1
ER -