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building is integrated and the hypothesis of state fragility being a function of rent seeking and/or lobbying by de facto power … holders is tested. Findings The resulting interesting finding is that political interference, rent seeking and lobbying … are two main policy implications. First, political interference, rent seeking and lobbying are likely to increase the …
Persistent link: https://www.econbiz.de/10014807857
Abstract The paper shows that corruption at the federal level may be contagious for regional governments suggesting that federal structure of the government may be one of the reasons for persistence of corruption. The analysis reveals that well-informed voters may rationally forego their chance...
Persistent link: https://www.econbiz.de/10014587610
This essay offers some lessons from the history of the United States Constitution for constitutions for emerging democracies in Eastern Europe. The United States Constitution declined in efficacy over time because special interests eroded its restraints on rent-seeking. This essay seeks to...
Persistent link: https://www.econbiz.de/10014612379
Transition has not always been a success story. In some cases failure was due to the introduction of topdown legislature, which was not always compatible with the existing informal rules of the game. In other cases transition was just a euphemism for a fight for power with little substantial...
Persistent link: https://www.econbiz.de/10014612381
Purpose – The purpose of this paper is to use a case study of Liverpool, UK, to perform a public choice analysis of the governance of Chinatown. This case study is a theoretical application of clubs and interest group theory to ethnic economies. Design/methodology/approach – The paper is...
Persistent link: https://www.econbiz.de/10014857915
Purpose – This paper seeks to examine how productive entrepreneurial activities, such as innovation, influence unproductive entrepreneurial activities, such as regulatory rent seeking. Design/methodology/approach – To investigate the argument the authors consider Bavaria's brewing industry...
Persistent link: https://www.econbiz.de/10014862341
Purpose – The purpose of this paper is to stimulate researchers’ interest by acquainting them with some aspects of the entrepreneurship literature they may not have known. Design/methodology/approach – The paper is a non‐meta‐analytic literature review of several literatures in...
Persistent link: https://www.econbiz.de/10014862350
Purpose – The purpose of this paper is to clarify the distinctions and complementary of William Baumol and Israel Kirzner’s classifications of and insights into entrepreneurship, and thus providing a more complete taxonomy of the substance of entrepreneurial activity. This paper also...
Persistent link: https://www.econbiz.de/10014862546
Purpose – The purpose of this paper is to argue that entrepreneurs are motivated not only by the desire to maximize profits but also by the desire for mastery. It then attempts to analyze the implications of mastery seeking for the economics and politics of government privileges and favors for...
Persistent link: https://www.econbiz.de/10014862548
Purpose – The purpose of this paper is to examine the correlation between the degree of economic freedom in state institutions and industry employment and then determine how these correlations relate to economic growth. Design/methodology/approach – The authors find the correlation between...
Persistent link: https://www.econbiz.de/10014862561