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State capture, income and institutional quality

Macha Kemperman and Robert Lensink

Applied Economics Letters, 2008, vol. 15, issue 6, 423-426

Abstract: This article argues that the impact of income on institutional quality depends on state capture, and that a rise in income contributes to institutional development only if the degree of state capture is low.

Date: 2008
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DOI: 10.1080/13504850600706172

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