Your quite right in as much as the main driver for producers using screwcaps (and plastic type corks) is economic.
Natural cork is becoming harder and more expensive to source (Roughly half the worlds cork comes from Portugal), it can be inconsistent in quality, and is costly to treat in order to prevent contamination to the wine.
To clarify my earlier answer, although you can get 'tainted' wines that have been in bottles closed with a screwcap or synthetic cork, the problem is greater when using 'natural' cork if it hasn't been correctly sterilised, as it will encourage growth of a mould which will 'taint' the wine.
So for producers the screwcap, and plastic cork, are both cheaper to buy, and cheaper and easier to sterilise. Additionally they will also see a 'slight' reduction in the return of contaminated wines, making savings all round.
Currently, I understand there is a great deal of investment in other types of synthetic closure methods, but at the moment only 'natural' cork allows the wine to "live", breathe and mature in the bottle.