Democratization and Barriers to Entry in a Two-Dimensional Voting Model - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
Autre Publication Scientifique Année : 2015

Democratization and Barriers to Entry in a Two-Dimensional Voting Model

Résumé

We propose a simple quality-ladder model with heterogeneous agents differing in their skills and wealth endowment to explain the persistence of barriers to entry in new democracies. In the model agents vote for a rate of redistribution and for the level of barriers to entry, which protect the incumbent firms from competition with new entrants. We show that even if a society democratizes, under certain conditions this leads only to the rise of redistribution, rather than to the elimination of barriers to entry. We show that this argument is particularly relevant for countries with a low level of human capital and high inequality in incomes and in skills.
Fichier principal
Vignette du fichier
15004 (1).pdf (2.95 Mo) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

halshs-01158139 , version 1 (29-05-2015)

Identifiants

  • HAL Id : halshs-01158139 , version 1

Citer

Dmitry A. Veselov. Democratization and Barriers to Entry in a Two-Dimensional Voting Model. 2015. ⟨halshs-01158139⟩
88 Consultations
330 Téléchargements

Partager

Gmail Facebook X LinkedIn More