Corruption and Development in Indian Economy

The book examines how corruption is viewed in theoretical and empirical literature and how various macro- and micro-level approaches have been followed to study the issue. It offers an inter-country comparison of corruption, indicating the role of governance in the context of growth. The volume attempts to work out the extent of understatement of personal income, resulting in the loss of government revenue from personal income tax. It also examines the impact of corruption on performance, and studies determinants of bribery in an attempt to understand why some firms pay bribes while others do not, despite being subject to the same macroeconomic environment, policy and regulations.

List of tables and figures; Preface; 1. Issues in corruption: theoretical and empirical; 2. Corruption in India: a comparison with the rest of the world; 3. Estimation of personal income tax evasion in India: evidence from household survey; 4. Effects of corruption on firms' performance: evidence from firm level data; 5. Determinants of bribery in Indian firms: who must pay bribes?; 6. Labour market flexibility and corruption: issues related to labour contractualization and business subcontracting; 7. Corruption in innovation: effect of innovation on performance; References; Index.