IDEAS home Printed from https://ideas.repec.org/p/nbs/wpaper/2008-11.html
   My bibliography  Save this paper

Corruption, privatisation and the distribution of income in Latin America

Author

Listed:
  • Antonio Rodriguez Andres
  • Carlyn Ramlogan-Dobson

Abstract

This paper presents new evidence on income inequality in Latin America over the period 1981-2000. Using a panel data methodology, we find that a reduction in corruption is associated with a rise in inequality. This counterintuitive result can be explained by privatisation. Privatisation removes industries from government influence (and corruption) and worsens income inequality as new owners strive for efficiency and profits. The paper argues that structural reform policies aimed primarily at achieving positive and increasing growth rates do not adequately address the income distribution problem.

Suggested Citation

  • Antonio Rodriguez Andres & Carlyn Ramlogan-Dobson, 2008. "Corruption, privatisation and the distribution of income in Latin America," NBS Discussion Papers in Economics 2008/11, Economics, Nottingham Business School, Nottingham Trent University.
    • Handle: RePEc:nbs:wpaper:2008/11
    as

    Download full text from publisher

    File URL: http://www.ntu.ac.uk/__data/assets/pdf_file/0016/310255/Corruption-privatisation-and-the-distribution-of-income.pdf
    File Function: First version, 2008
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Corruption; Latin America; Income inequality; Instrumental variables; Panel data; Privatisation.;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:nbs:wpaper:2008/11. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: King Lim (email available below). General contact details of provider: http://www.ntu.ac.uk/nbs .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.