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This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
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Explanations are provided for why governments do as they do in agriculture. Alternative frameworks are assessed to explain government policy including collective action and politician-voter interaction models. Several key patterns of policies are analyzed including the “developmental...
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This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies …. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a … involved into the illicit activity and, eventually, spread the corruption disease. …
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