Hashi, Iraj; Hajdukovic, Darko; Luci, Erjon - In: Zagreb International Review of Economics and Business 8 (2005) 2, pp. 1-22
Government intervention in support of a particular firm or industry has generally been justified on the grounds of market failure. Theoretical and empirical developments in the last thirty years, particularly the concepts of ‘regulatory capture’, ‘government failure’ and...