Institutions, Factor Prices, and Taxation: Virtues of Strong States?
While in a few societies economic institutions are designed to provide property rights protection, a level playing field, and basic public goods necessary for economic growth, in many they are structured to maximize the rents captured by the “elite,” the individuals or social groups monopolizi...
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| Format: | Article |
| Language: | en_US |
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American Economic Association
2011
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| Online Access: | http://hdl.handle.net/1721.1/61632 https://orcid.org/0000-0003-0908-7491 |