000 01306naa a2200193uu 4500
001 7297
003 OSt
005 20200812114130.0
008 020926s2005 xx ||||gr |0|| 0 eng d
100 1 _aACEMOGLU, Daron
_916768
245 1 0 _aInefficient redistribution
260 _c2001
520 3 _aThere are many well-developed theories that explain why governments redistribute income, but very few can explain why this often is done in a socially ineffienct form. In the theory we develop, compared to efficient methods, inefficient redistribution makes it more attractive to stay in or enter a group that receives subsidies. When political institutions cannot credibly commint to future policy, and when the political influence of a group depends on its size, inefficient redistribution is a toll to sustain political power. Our model may account for the choice of inefficient redistributive policies in agriculture, trade, and the labor market. It also implies that when factors of production are less specific to a sector, inefficient redistribution may be more prevalent
700 1 _916769
_aRobinson, James A.
773 0 8 _tAmerican Political Science Review
_g95, 3, p. 649-662
_d, 2001
_w
942 _cS
998 _a20020926
_bCassio
_cCassio
998 _a20060515
_b1039^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c7450
_d7450
041 _aeng