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This paper develops a model of political regulation in which politicians set the regulated price in order to maximize electoral support by signaling to voters a pro-consumer behavior. Political incentives and welfare constraints interact in the model, yielding an equilibrium in which the real...
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objectives and targets. The paper reviews various general options in this regard, and, using the case of Brazil as an example …
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-related finance declined sharply. However, trade may also be affected by other variables such as world demand, domestic demand …
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efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure …, in light of past investment trends and various quality and quantity indicators. Brazil's infrastructure stock and its …
Persistent link: https://www.econbiz.de/10011373918