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Vertical Integration, Institutional Determinants and Impact : Evidence from China
Fan, Joseph P.H. - 2009
transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption …
Persistent link: https://www.econbiz.de/10012463999
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Corruption, Inequality and Fairness
Alesina, Alberto - 2005
Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …
Persistent link: https://www.econbiz.de/10012467282
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Horizontal and Vertical Conflict : Experimental Evidence
Galiani, Sebastian - 2016
Two types of political conflicts of interest pervade many of the world's societies. A horizontal conflict of interest arises when different constituencies support different policies, while a vertical conflict of interest emerges when those in charge of running the government acquire and retain...
Persistent link: https://www.econbiz.de/10012456815
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Kleptocracy and Divide-and-Rule : A Model of Personal Rule
Acemoglu, Daron - 2003
Many developing countries have suffered under the personal rule of kleptocrats', who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part,...
Persistent link: https://www.econbiz.de/10012468558
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On the Political Economy of Land Value Capitalization and Local Public Sector Rent-Seeking in a Tiebout Model
Gyourko, Joseph - 1986
In this paper we examine the political economy. of capitalization in a Tiebout model when there is a rent-seeking public bureaucracy. A new approach is suggested for testing for the influence of successful local public sector rent-seeking on local property values. We present empirical evidence...
Persistent link: https://www.econbiz.de/10012477155
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Rent-Seeking and Trade Policy : An Industry Approach
Baldwin, Robert E. - 1984
The model of rent-seeking presented in this paper is consistent with the observation that labor and management in an industry almost always adopt the same position concerning the desirability of import protection versus trade liberalization. The paper also discusses the size of the returns to...
Persistent link: https://www.econbiz.de/10012477587
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Whitelashing : Black Politicians, Taxes, and Violence
Logan, Trevon D. - 2019
This paper provides the first evidence of the effect of tax policy on the likelihood of violent attacks against black politicians. I find a strong positive effect of local tax revenue on subsequent violence against black politicians. A dollar increase in per capita county taxes increases the...
Persistent link: https://www.econbiz.de/10012479963
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Entry vs. Rents
Baqaee, David - 2020
A tension between entry and rents lies at the core of a general theory of aggregation with scale effects. This paper characterizes the responses of macro aggregates to micro shocks in disaggregated economies with general forms of entry, internal or external returns to scale, input-output...
Persistent link: https://www.econbiz.de/10012481723
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Beaches, Sunshine, and Public-Sector Pay : Theory and Evidence on Amenities and Rent Extraction by Government Workers
Brueckner, Jan K. - 2011
The absence of a competitive market may enable public-sector workers to extract rents from taxpayers in the form of high pay, especially when public-sector workers are unionized. On the other hand, this rent extraction may be suppressed by the ability of taxpayers to vote with their feet,...
Persistent link: https://www.econbiz.de/10012461860
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Informational Rents, Macroeconomic Rents, and Efficient Bailouts
Philippon, Thomas - 2011
We analyze government interventions to alleviate debt overhang among banks. Interventions generate two types of rents. Informational rents arise from opportunistic participation based on private information while macroeconomic rents arise from free riding. Minimizing informational rents is a...
Persistent link: https://www.econbiz.de/10012461931