Self-serving dictators and economic growth
A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We present a model, a laboratory experiment, and a simple cross-country regression supporting this view. We model an economy with an unequal distribution of property rights, in which indiv...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Munich
Univ., Center for Economic Studies u.a.
2003
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Schriftenreihe: | CESifo working paper series Public finance
1105 |
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