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link between crime and growth based on the theory of rational choice and empirical data. Exogenous and endogenous growth … significance. In other words, crime imposes the costs of prosecution and punishment on the citizens and country, which influences …Crime is a major impediment to economic growth and development in Nigeria despite measures taken to reduce it. There is …
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” technology. We characterize optimal equilibrium within collusion contracts, under which the central government will allow … collusion when the cost to eliminate collusion is high. We also characterize the optimal collusion-proof contract, under which …. Our predictions on collusion and growth are supported by an empirical study on the coal industry …
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