Research Article


DOI :10.26650/JEPR768781   IUP :10.26650/JEPR768781    Full Text (PDF)

Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply

Wei Bin Zhang

This study examines the impact of bureaucratic corruption on economic growth of a small open economy. The economy is composed of two types of households (the workers and the officials) and two sectors (the industrial sector and public sector). Corruption may occur in different parts of the economy. We built a model for analyzing the role of corruption on economic growth, income and wealth distribution between the officials and workers. The model takes account of corruption in the capital market, the labor market, and production sector. It describes dynamic interactions of growth, corruption with endogenous tax rate and different exogenous corruption rates. We simulate motion of the dynamic system and demonstrate how an increase of corruption in the production sector, in the labor market, and other parameters affect the transitory process and long-run state of economic growth.

JEL Classification : O41 , D3 , E2

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APA

Zhang, W.B. (2020). Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply. Journal of Economic Policy Researches, 7(2), 1-20. https://doi.org/10.26650/JEPR768781


AMA

Zhang W B. Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply. Journal of Economic Policy Researches. 2020;7(2):1-20. https://doi.org/10.26650/JEPR768781


ABNT

Zhang, W.B. Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply. Journal of Economic Policy Researches, [Publisher Location], v. 7, n. 2, p. 1-20, 2020.


Chicago: Author-Date Style

Zhang, Wei Bin,. 2020. “Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply.” Journal of Economic Policy Researches 7, no. 2: 1-20. https://doi.org/10.26650/JEPR768781


Chicago: Humanities Style

Zhang, Wei Bin,. Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply.” Journal of Economic Policy Researches 7, no. 2 (Jan. 2021): 1-20. https://doi.org/10.26650/JEPR768781


Harvard: Australian Style

Zhang, WB 2020, 'Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply', Journal of Economic Policy Researches, vol. 7, no. 2, pp. 1-20, viewed 17 Jan. 2021, https://doi.org/10.26650/JEPR768781


Harvard: Author-Date Style

Zhang, W.B. (2020) ‘Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply’, Journal of Economic Policy Researches, 7(2), pp. 1-20. https://doi.org/10.26650/JEPR768781 (17 Jan. 2021).


MLA

Zhang, Wei Bin,. Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply.” Journal of Economic Policy Researches, vol. 7, no. 2, 2020, pp. 1-20. [Database Container], https://doi.org/10.26650/JEPR768781


Vancouver

Zhang WB. Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply. Journal of Economic Policy Researches [Internet]. 17 Jan. 2021 [cited 17 Jan. 2021];7(2):1-20. Available from: https://doi.org/10.26650/JEPR768781 doi: 10.26650/JEPR768781


ISNAD

Zhang, WeiBin. Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply”. Journal of Economic Policy Researches 7/2 (Jan. 2021): 1-20. https://doi.org/10.26650/JEPR768781


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Submitted09.04.2020
Accepted22.06.2020
Published Online29.07.2020

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