haku: @indexterm property rights / yhteensä: 78
viite: 8 / 78
| Tekijä: | Katz, B.G. Owen, J. |
| Otsikko: | Are property rights enough? Re-evaluating a big-bang claim |
| Lehti: | Economics of transition
2009 : VOL. 17:1, p. 75-96 |
| Asiasana: | property rights transition economies crime government |
| Vapaa asiasana: | rule of law big-bang |
| Kieli: | eng |
| Tiivistelmä: | This article investigates the claim that the establishment of property rights in an economy in transition creates its own demand for the enforcement of laws to protect those rights. This article presents a model that contains a government engaging in activities to accomplish objectives that depend on public support for the enforcement of the rule of law and agents who interpret the level of activities of the government as indications of the government's intent to enforce the rule of law. This paper establishes conditions under which the level of activities chosen by the government maximizes its benefits and simultaneously induces the constituency to support enforcement of the rule of law. The level of activities that maximizes the government's benefits may have only a minor impact on support for the enforcement of the rule of law when these conditions do not hold. Initial level of crime and types of activities the government choose to undertake play an important role in these conditions. |
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