IDEAS home Printed from
   My bibliography  Save this article

Economics of Corruption. The Equilibrium, Political and Social Determinations


  • Ani Matei
  • Lucica Matei

    (Scoala Nationala de Studii Universitare Politice si Administrative Bucuresti)


The paper starts, on one hand, from the statement unanimously accepted that corruption exists in all societies, and on the other hand, from the preoccupations existent in the international literature about proving scientifically the models of analysis of corruption and determining on this basis some relevant corruption indicators. In essence, the paper focuses on the sphere of the theoretical preoccupations, trying to offer an interpretation based on extended economic and social analysis, mechanisms that structure and describe a genuine system of the corruption actions. Most frequently, corruption occurs in the common public-private activities and it has determinations in the central or local governmental structures. The binom corruption - anticorruption has its origin in distinct social actions, with different actors and different logic constructions, aiming to destroy or strengthen the systems of public integrity. In the context of the theoretical approaches, this paper presents for exemplification relevant aspects concerning social perception on corruption and comparisons of the situations in Romania with those in Central and Eastern Europe or the states newly admitted into the European Union. The paper aims a new way for approaching the nonlinear relationship between political stability/instability and corruption, as well as its economic effects. An extended space is granted to the model of corruption market and conditions of balance within its framework. As it is conceived, the paper enables the enlargement of the theoretical and empirical researches concerning the corruption phenomena.

Suggested Citation

  • Ani Matei & Lucica Matei, 2006. "Economics of Corruption. The Equilibrium, Political and Social Determinations," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 6(6(501)), pages 39-46, August.
  • Handle: RePEc:agr:journl:v:6(501):y:2006:i:6(501):p:39-46

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Chang, Youngho, 2007. "The New Electricity Market of Singapore: Regulatory framework, market power and competition," Energy Policy, Elsevier, vol. 35(1), pages 403-412, January.
    2. Robinson, Sherman & Cattaneo, Andrea & El-Said, Moataz, 1998. "Estimating a social accounting matrix using cross entropy methods:," TMD discussion papers 33, International Food Policy Research Institute (IFPRI).
    3. Chang, Youngho & Hin Tay, Tuan, 2006. "Efficiency and deregulation of the electricity market in Singapore," Energy Policy, Elsevier, vol. 34(16), pages 2498-2508, November.
    4. Hosoe, Nobuhiro, 2006. "The deregulation of Japan's electricity industry," Japan and the World Economy, Elsevier, vol. 18(2), pages 230-246, March.
    5. Akkemik, K. Ali & O─čuz, Fuat, 2011. "Regulation, efficiency and equilibrium: A general equilibrium analysis of liberalization in the Turkish electricity market," Energy, Elsevier, vol. 36(5), pages 3282-3292.
    6. Timothy Brennan & Karen Palmer & Salvador Martinez, 2002. "Implementing Electricity Restructuring," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 99-132, June.
    Full references (including those not matched with items on IDEAS)


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:6(501):y:2006:i:6(501):p:39-46. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marin Dinu). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.