Governance, productivity and economic development
Fuente:
arXiv
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Preprint |
| Published: |
2025
|
| Subjects: | |
| Online Access: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1866911298515632128 |
|---|---|
| author | Van, Cuong Le Pham, Ngoc-Sang Pham, Thi Kim Cuong Tran-Nam, Binh |
| author_facet | Van, Cuong Le Pham, Ngoc-Sang Pham, Thi Kim Cuong Tran-Nam, Binh |
| contents | This paper explores the interplay between transfer policies, R\&D, corruption, and economic development using a general equilibrium model with heterogeneous agents and a government. The government collects taxes, redistributes fiscal revenues, and undertakes public investment (in R\&D, infrastructure, etc.). Corruption is modeled as a fraction of tax revenues that is siphoned off and removed from the economy. We first establish the existence of a political-economic equilibrium. Then, using an analytically tractable framework with two private agents, we examine the effects of corruption and evaluate the impact of various policies, including redistribution and innovation-led strategies. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2507_13099 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | Governance, productivity and economic development Van, Cuong Le Pham, Ngoc-Sang Pham, Thi Kim Cuong Tran-Nam, Binh Computational Finance This paper explores the interplay between transfer policies, R\&D, corruption, and economic development using a general equilibrium model with heterogeneous agents and a government. The government collects taxes, redistributes fiscal revenues, and undertakes public investment (in R\&D, infrastructure, etc.). Corruption is modeled as a fraction of tax revenues that is siphoned off and removed from the economy. We first establish the existence of a political-economic equilibrium. Then, using an analytically tractable framework with two private agents, we examine the effects of corruption and evaluate the impact of various policies, including redistribution and innovation-led strategies. |
| title | Governance, productivity and economic development |
| topic | Computational Finance |
| url | https://arxiv.org/abs/2507.13099 |