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The Privatization Origins of Political Corporations

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dc.contributor.gruplacFacultad de Economía spa
dc.creatorGonzález, Felipe
dc.creatorPrem, Mounu
dc.creatorUrzúa I., Francisco
dc.date.accessioned2018-06-21T14:08:18Z
dc.date.available2018-06-21T14:08:18Z
dc.date.created2018-06-18
dc.date.issued2018
dc.description.abstractWe show how the sale of state owned firms in dictatorships may lead to the creation of political corporations operating in democracies. Using several novel datasets, we characterize the privatizations of the Pinochet regime in Chile using a data driven algorithm, confirming that some state owned firms were sold underpriced to politically connected individuals. We then show how firms with crooked privatization processes grew and benefited from Pinochet and in democracy formed political connections, financed political campaigns, and were more likely to appear in the Panama Papers. These results reveal how authoritarian regimes can influence a subsequent democracy and document a way in which political corporations are created.eng
dc.format.extent46spa
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.48713/10336_18094
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/18094
dc.language.isoeng
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.urihttps://ideas.repec.org/p/col/000092/016357.html
dc.rightsAtribución-NoComercial-CompartirIgual 2.5 Colombiaspa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/2.5/co/
dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subjectCorporaciónspa
dc.subjectPrivatizaciónspa
dc.subjectBúsqueda de rentasspa
dc.subjectDictaduraspa
dc.subjectDemocraciaspa
dc.subject.jelD2
dc.subject.jelG2
dc.subject.jelG3
dc.subject.jelM2
dc.subject.jelN86
dc.subject.keywordCorporationeng
dc.subject.keywordPrivatizationeng
dc.subject.keywordRent seekingeng
dc.subject.keywordDictatorshipeng
dc.subject.keywordDemocracyeng
dc.subject.lembPrivatizaciónspa
dc.subject.lembEconomía gerencialspa
dc.subject.lembAlgoritmosspa
dc.subject.lembCorrupción políticaspa
dc.subject.lembChile::Política y gobierno::1973-1990spa
dc.subject.lembMicroeconomíaspa
dc.subject.lembProductividad industrialspa
dc.titleThe Privatization Origins of Political Corporationsspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaDocumento de trabajospa
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