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Corruption, privatisation and the distribution of income in Latin America Author info | Abstract | Publisher info | Download info | Related research | Statistics Antonio Rodriguez () (Universidad Católica del Norte, Chile)
Carlyn Ramlogan () (University of Otago, New Zealand)
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registered author(s):
This paper presents some new evidence on income inequality in Latin America over the period 1980-1999, examining in particular the relationship between corruption, privatisation and inequality. Using a panel data methodology, we find that a reduction in corruption is associated with a rise in inequality. This suggests that while privatisation removes industries from government influence and government corruption, it worsens income inequality as new owners strive for efficiency and profits. The paper highlights the fact that structural reform policies aimed primarily at achieving positive and increasing growth rates do not adequately address the income distribution problem.
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Paper provided by Institute for Advanced Development Studies in its series Development Research Working Paper Series with number
09/2007.
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Length: 32 pages
Date of creation: Nov 2007Date of revision:
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Keywords: Población ; income inequality ; corruption ; privatisation ; panel data ; Latin America ; instrumental variables. ; Other versions of this item:
Find related papers by JEL classification: O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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