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De-Monopolization toward Long-Term Prosperity in China

De-Monopolization toward Long-Term Prosperity in China »

Volume/Issue: 2012/75

Series: IMF Working Papers

Author(s): Ashvin Ahuja

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

DOI: http://dx.doi.org/10.5089/9781475502275.001

ISBN: 9781475502275

Keywords: Aggregate Productivity, monopoly, tfp, gdp per capita, competitive equilibrium, Macroeconomic Analyses of Economic Development, Economic Growth And Aggregate Productivity,

During the past decade, the average Chinese earns roughly 9 times less and is 10 times less productive than the average American at purchasing power parity. Current consensus attributes large differences in output...

On the Buyability of Voting Bodies

On the Buyability of Voting Bodies »

Volume/Issue: 2007/165

Series: IMF Working Papers

Author(s): Felix Vardy , and John Morgan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

DOI: http://dx.doi.org/10.5089/9781451867299.001

ISBN: 9781451867299

Keywords: Vote buying, lobbying, elections, voters, voting, voter, election,

We study vote buying by competing interest groups in a variety of electoral and contractual settings. While increasing the size of a voting body reduces its buyability in the absence of competition, we show that la...