Publications
Detailed Information
Politicians, Firms and the State of Institutional Environment
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 2010-07
- Citation
- Seoul Journal of Economics, Vol.23 No.3, pp. 391-406
- Keywords
- Institutional environment ; Transition economies ; Rent-seeking
- Abstract
- The model we develop analyses how the state of an institutional
environment influences resources allocation in a transition economy.
We capture the interaction between politicians who influence
firms decisions regarding resources allocation and managers, introducing
a parameter which measures the strength of institutions.
The results of our model confirm that building up strong institutions
in a transition economy can play a central role in privatisation
and restructuring processes and motivate agents to agree on
a better resources allocation.
- ISSN
- 1225-0279
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.