Institutional quality and the wealth of autocrats

One frequently given explanation for why autocrats maintain corrupt and inefficient institutions is that the autocrats benefit personally even though the citizens of their countries are worse off. The empirical evidence does not support this hypothesis. Autocrats in countries with low-quality instit...

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Bibliographic Details
Main Authors: Christopher J Boudreaux, Randall Holcombe
Format: Article
Language:English
Published: University of A Coruna 2017-12-01
Series:European Journal of Government and Economics
Subjects:
Online Access:http://revistas.udc.es/index.php/ejge/article/view/4325