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This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We …
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This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We …
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We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...
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