Ítem
Solo Metadatos

Losing your dictator: firms during political transition

Mostrar el registro sencillo de la publicación
dc.creatorGonzález, F.spa
dc.creatorPrem, M.spa
dc.date.accessioned2020-06-11T13:21:43Z
dc.date.available2020-06-11T13:21:43Z
dc.date.created2020spa
dc.description.abstractWe use new firm-level data from Chile to document resource misallocation in favor of politically connected firms during the transition from dictatorship to democracy. We find that firms with links to the Pinochet regime (1973–1990) were relatively unproductive and benefited from resource misallocation under dictatorship, and those distortions persisted into democracy. We show that, after learning that the dictatorship was going to end, firms in the dictator’s network increased their productive capacity, experienced higher profits, and obtained more loans from the main state-owned bank. We test for different explanations and provide suggestive evidence consistent with connected firms aiming to shield their market position for the transition to democracy. © 2020, Springer Science+Business Media, LLC, part of Springer Nature.eng
dc.format.mimetypeapplication/pdf
dc.identifier.issn13814338
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/24878
dc.language.isoeng
dc.publisherSpringerspa
dc.relation.citationTitleJournal of Economic Growth
dc.relation.ispartofJournal of Economic Growth, ISBN: 13814338, Vol., No. (2020); pp. -spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85084325491&doi=10.1007%2fs10887-020-09176-5&partnerID=40&md5=462fad146289a77007265bba4434d892spa
dc.rights.accesRightsinfo:eu-repo/semantics/closedAccess
dc.rights.accesoBloqueado (Texto referencial)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordD2spa
dc.subject.keywordDistortionsspa
dc.subject.keywordFirmsspa
dc.subject.keywordG2spa
dc.subject.keywordG3spa
dc.subject.keywordM2spa
dc.subject.keywordN86spa
dc.subject.keywordNetworksspa
dc.subject.keywordTransitionspa
dc.titleLosing your dictator: firms during political transitionspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
Archivos
Colecciones
Artículos