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AA00260492-20050001-0025.pdf
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Download
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:879.2 KB
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| Last updated |
:Dec 16, 2009 |
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: 1465 |
Total downloads since Dec 16, 2009 : 1465
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| Title |
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Political institutions, jurisdictional boundaries, and rent creation
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Hillman, Arye L.
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Department of Economics, Bar-Ilan University, Ramat Gan, Israel, CEPR, London, UK, CES-ifo, Munich, Germany
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Keio Economic Society, Keio University
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2005
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Keio economic studies
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42
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1/2
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2005
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| Start page |
25
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37
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| Abstract |
Jurisdictional boundaries have retained greater economic significance under autocratic than democratic regimes. The different forms taken by rents under democracy and autocracy underlie willingness to diminish the significance of jurisdictional boundaries as economic barriers to trade and investment. The differences in the forms of rents also underlie incentives for creation of new jurisdictional boundaries.
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Special issue in honor of Prpfessor Michihiro Ohyama
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