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Antiquity and capitalism : the finance-growth perspective
Dombi, Akos; Grigoriadis, Theocharis; Zhu, Junbing - 2020
This paper explores the impact of antiquity on capitalism through the finance-growth nexus. We define antiquity as the length of established statehood (i.e., state history) and agricultural years. We argue that extractive institutions and deeply entrenched interest groups may prevail in...
Persistent link: https://www.econbiz.de/10012214952
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Enrichment with growth
Klein, Michael - 2011
Persistent link: https://www.econbiz.de/10009427832
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Enrichment with Growth
Klein, Michael U. - 2017
This essay first sets out the "business model" problems entailed by corruption and their effects as well as … corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro … resemble fairly orthodox economic policy prescriptions. Eventually the abolition of corruption holds the greatest promise to …
Persistent link: https://www.econbiz.de/10012975682
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Enrichment with Growth
Klein, Michael - 2012
This essay first sets out the "business model" problems entailed by corruption and their effects as well as … corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro … resemble fairly orthodox economic policy prescriptions. Eventually the abolition of corruption holds the greatest promise to …
Persistent link: https://www.econbiz.de/10012551353
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Is there a fiscal resource curse? : resource rents, fiscal capacity, and political institutions in developing economies
Masi, Tania; Savoia, Antonio; Sen, Kunal - 2020
States' fiscal capacity plays a pivotal role in developing economies, but it is less clear what its determinants are or what explains cross-country differences. We focus on the impact of natural resources. Standard arguments suggest that natural resources rents may reduce incentives to invest in...
Persistent link: https://www.econbiz.de/10012165580
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The revolving door : state connections and inequality of influence in the US banking sector
Brezis, Elise S.; Cariolle, Joël - 2017
This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
Persistent link: https://www.econbiz.de/10011729453
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Political corruption and minority capture
Giannoccolo, Pierpaolo; Lisciandra, Maurizio - 2014
This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies …. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a … involved into the illicit activity and, eventually, spread the corruption disease. …
Persistent link: https://www.econbiz.de/10011725698
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Varieties of collusion : state-business relations and economic development in the Middle East and North Africa
Matzke, Torsten - 2018
Persistent link: https://www.econbiz.de/10012173108
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Political connections and firms : network dimensions
Bussolo, Maurizio; Commander, Simon; Poupakis, Stavros - 2018
Business and politician interaction is pervasive but has mostly been analysed with a binary approach. Yet the network dimensions of such connections are ubiquitous. We use a unique dataset for seven economies that documents politically exposed persons (PEPs) and their links to companies,...
Persistent link: https://www.econbiz.de/10011853617
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Making sense of corruption : Hobbesian jungle, bribery as an auction, and DUP activities
Beckmann, Klaus; Gerrits, Carsten - 2007
Persistent link: https://www.econbiz.de/10003609969