Esfahani, H.S. - Economic Research Forum (ERF) - 1999
This paper develops a model of government policy toward industrial control and regulation that sheds light on the … the model developed by Shleifer and Vishny (1994 and 1998), which suggests that government controls over firms come about …-motivated redistribution of rents, the present model shows that it may be the ability to use the government's regulatory powers at discretion …