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Persistent link: https://www.econbiz.de/10003397282
We consider the redistributive effects of privatizing a resource previously exploited under free access. We assume that illegal extraction is punished but that the sanction is bounded by individual's wealth. First, we show that a segment of intermediate-wealth individuals is the most adversely...
Persistent link: https://www.econbiz.de/10014075083
Persistent link: https://www.econbiz.de/10002103434
Persistent link: https://www.econbiz.de/10003916546
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10003983610
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10011394323
This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … determinants of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10012462530
This paper studies the cycles of nationalization and privatization in resource-rich economies as a prime instance of … unstable institutional reform. The authors discuss the available evidence on the drivers and consequences of privatization and … identifies the determinants of the observed cycles of privatization and nationalization. …
Persistent link: https://www.econbiz.de/10012551959
This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … determinants of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10013141855
This paper studies the cycles of nationalization and privatization in resource-rich economies as a prime instance of … unstable institutional reform. The authors discuss the available evidence on the drivers and consequences of privatization and … identifies the determinants of the observed cycles of privatization and nationalization …
Persistent link: https://www.econbiz.de/10013009152