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Media Freedom, Bureaucratic Incentives and the Resource Curse

Egorov, Georgy; Guriev, Sergei; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2006

How can a non-democratic ruler provide proper incentives for state bureaucracy? In the absence of competitive elections …

Persistent link: https://www.econbiz.de/10005123655

Bureaucracy as a Mechanism to Generate Information

Novaes, Walter; Zingales, Luigi - C.E.P.R. Discussion Papers - 2003

Paper argues that the thin line between efficient management practices and inefficient bureaucracy is crossed to curb … managerial agency costs in a multi-layer hierarchy. The model predicts that bureaucracy increases with the frequency of … managerial turnover, and it establishes a link between bureaucracy, incentive schemes, and leverage in a cross-section of firms. …

Persistent link: https://www.econbiz.de/10005504447

Optimal Patronage

Drugov, Mikhail - C.E.P.R. Discussion Papers - 2015

We study the design of promotions in an organization where agents belong to groups that advance their cause. Examples and applications include political groups, ethnicities, agents motivated by the work in the public sector and corruption. In an overlapping generations model, juniors compete for...

Persistent link: https://www.econbiz.de/10011145475

Industrial Policy and Competition

Aghion, Philippe; Dewatripont, Mathias; Du, Liqun; … - C.E.P.R. Discussion Papers - 2011

The economic slowdown in the 70s in Latin America and Japan in the late 90s, generated a growing skepticism about the role of industrial policy in the process of economic development. Yet, new considerations have emerged over the recent period, which invite us to revisit the issue. This paper...

Persistent link: https://www.econbiz.de/10009359485

Industrial Policy and Firm Heterogeneity

Barros, Pedro Luis Pita; Nilssen, Tore - C.E.P.R. Discussion Papers - 1998

Our concern is about a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyse a situation where firms differ in their R&D technologies in two distinct ways: they differ...

Persistent link: https://www.econbiz.de/10005124475

Industrial Organization and the New Industrial Policy

Audretsch, David B - C.E.P.R. Discussion Papers - 1998

The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...

Persistent link: https://www.econbiz.de/10005136586

Economic Development as Self Discovery

Hausmann, Ricardo; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002

In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...

Persistent link: https://www.econbiz.de/10005136685

Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions

Markusen, James R.; Venables, Anthony J - C.E.P.R. Discussion Papers - 1986

A number of recent papers reach different conclusions concerning the effects of trade and industrial policy on imperfectly competitive industries; the implications for policy are therefore sensitive to assumptions concerning both firm behaviour and market structure. This paper sets out a single...

Persistent link: https://www.econbiz.de/10005067593

Industrial Clusters: Equilibrium, Welfare and Policy

Norman, Victor D; Venables, Anthony J - C.E.P.R. Discussion Papers - 2001

This Paper studies the size and number of industrial clusters that will arise in a multi-country world in which, because of increasing returns to scale, one sector has a propensity to cluster. It compares the equilibrium with the world welfare maximum, showing that the equilibrium will generally...

Persistent link: https://www.econbiz.de/10005067646

Cost Asymmetries in International Subsidy Games: Should Governments Help Winners or Losers?

Neary, J Peter - C.E.P.R. Discussion Papers - 1991

This paper examines the optimality of export subsidies in oligopolistic markets, when home and foreign firms have different costs and there is an opportunity cost to public funds. Subsidies are found to be optimal only for surprisingly low values of the shadow price of government funds, and if...

Persistent link: https://www.econbiz.de/10005497959