The Cost of Political Corruption

Meera Mahadevan. 2024. “The Price of Power: Costs of Political Corruption in Indian Electricity.” American Economic Review 114 (10): 3314-3344. [Copyright American Economic Association; reproduced with permission of the American Economic Review] https://www.aeaweb.org/articles?id=10... Check the author’s website for the posted paper: https://sites.google.com/view/meeram/... What is the social cost of political corruption? This paper studies corruption in the Indian electricity sector and estimates its welfare consequences. About this channel: econimate® is a YouTube channel aimed at making economics research accessible and engaging. What questions are economists asking, how are they tackling them, and how does this research help us understand the world around us? http://www.econimate.com/ Created by Hoai-Luu Nguyen Video uses “WritingMarker” by fastson licensed under https://creativecommons.org/licenses/...