Inequality, Lobbying, and Resource Allocation.

This paper describes how wealth inequality may distort public resource allocation. A government seeks to allocate limited resources to productive sectors, but sectoral productivity is privately known by agents with vested interests in those sectors. They lobby the government for preferential treatme...

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Detalles Bibliográficos
Publicado en:American Economic Review Vol. 96; no. 1; pp. 257 - 280
Autores principales: Esteban, Joan, Ray, Debraj
Formato: Artículo
Publicado: American Economic Association March 2006
Materias:
Acceso en línea:Ver este registro en EBSCOhost