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We develop a model of Schumpeterian growth where political connections with long-term politicians can be exploited by low-quality producers to defend their monopoly position and prevent innovation and entry of high-quality competitors. Through personal relationships developed with the incumbent...
Persistent link: https://www.econbiz.de/10008824493
In this paper we investigate the effect of family connections to politicians on individuals' labor market outcomes. We combine data for Italy over almost three decades from longitudinal social security records on a random sample of around 1 million private sector employees with the universe of...
Persistent link: https://www.econbiz.de/10011442303
Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...
Persistent link: https://www.econbiz.de/10011544875
This paper highlights the institutions, actors and processes that have driven social policy provision and health care in Venezuela during distinct political periods. The historical detail contextualises a protracted struggle over the distribution of the countryś oil wealth. The paper concurs...
Persistent link: https://www.econbiz.de/10011484960
their patronage powers. We support this conclusion with new evidence from many countries, allowing us to rule out …
Persistent link: https://www.econbiz.de/10011292966
effective secret vote, shaped the nature of party politics in Brazil. Engaging the literature on political clientelism, the …
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