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- July 1997
- Article
National Champions and Corruption: Some Unpleasant Interventionist Arithmetic
By: Alberto Ades and Rafael Di Tella
We present a hold-up model of investment where active industrial policy promotes both corruption and investment. Since corruption deters investment, the effect of industrial policy on investment is lower than when corruption is absent. We find evidence suggesting that... View Details
Keywords: Crime and Corruption
- summer 1997
- Article
The New Economics of Corruption: A Survey and Some New Results
By: Alberto Ades and Rafael Di Tella
- 1995
- Article
Competitiveness and the New Industrial Policy
By: Rafael Di Tella, Alberto Ades and Mark Carney
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