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| Tekijä: | Dewatripont, M. Seabright, P. |
| Otsikko: | "Wasteful" public spending and state aid control |
| Lehti: | Journal of the European Economic Association
2006 : MAY, VOL. 4:2-3, p. 513-522 |
| Asiasana: | |
| Vapaa asiasana: | politicians state aid spending |
| Kieli: | eng |
| Tiivistelmä: | This paper dicusses that wastedul state spending in the form of state sids may be a product of accountability, not a symptom of its absence. The authors describe a model in which politicians fund projects that are wasteful as a way to signal their diligence, and voters rationally reward them for this. |
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