A theory of misgovernance.
This paper tries to explain why government bureaucracies are often associated with red tape, corruption, and lack of incentives. The paper identifies two specific ingredients that together can provide an explanation: the fact that governments often act precisely in situations where markets fail and...
| Publicado en: | Quarterly Journal of Economics Vol. 112; pp. 1289 - 1333 |
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| Formato: | Artículo |
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Oxford University Press / UK
November 1997
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| Acceso en línea: | Ver este registro en EBSCOhost |