haku: @author Meijaard, J. / yhteensä: 2
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| Tekijä: | Young, W. Meijaard, J. |
| Otsikko: | Political Culture, Economic Structure and Policy: The Laffont-Tirole Model Extended to Modern Japan |
| Lehti: | American Journal of Economics and Sociology
2002 : JAN, VOL. 61:1, p. 301-328 |
| Asiasana: | POLITICS CULTURE ECONOMETRIC MODELS STRUCTURAL ANALYSIS POLICY JAPAN |
| Kieli: | eng |
| Tiivistelmä: | This piper deals with two issues. By linking culture and political systems, we develop alternatives to the Developmental State approach and propose among other types the 'Bureaucratic State' for explaining the case of Japan. The authors extend the Laffont-Tirole (L-T) model of regulatory capture and propose a bureaucratic capture model. Variations of capture are shown to apply given particular cultural predispositions. The case of atomic energy in Japan and the United States is then studied to assess the predictive efficacy of the extended L -Ò model. The authors conclude that cultural predispositions and the corresponding state types affect the degree to which capture takes place. |
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