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The Privatization Origins of Political Corporations: Evidence from the Pinochet Regime

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dc.creatorGonzález F.spa
dc.creatorPrem M.spa
dc.creatorUrzúa I F.spa
dc.date.accessioned2020-05-25T23:56:08Z
dc.date.available2020-05-25T23:56:08Z
dc.date.created2020spa
dc.description.abstractWe show that the sale of state-owned firms in dictatorships can help political corporations to emerge and persist over time. Using new data, we characterize Pinochet's privatizations in Chile and find that some firms were sold underpriced to politically connected buyers. These newly private firms benefited financially from the Pinochet regime. Once democracy arrived, they formed connections with the new government, financed political campaigns, and were more likely to appear in the Panama Papers. These findings reveal how dictatorships can influence young democracies using privatization reforms. © The Economic History Association 2020.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.1017/S0022050719000780
dc.identifier.issn14716372
dc.identifier.issn00220507
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/22334
dc.language.isoengspa
dc.publisherCambridge University Pressspa
dc.relation.citationTitleJournal of Economic History
dc.relation.ispartofJournal of Economic History, ISSN:14716372, 00220507,(2020)spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85079215310&doi=10.1017%2fS0022050719000780&partnerID=40&md5=084bff3084e1cb7307bea76a6cb53312spa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordPrivatizationspa
dc.subject.keywordOriginsspa
dc.subject.keywordPoliticalspa
dc.subject.keywordCorporationsspa
dc.subject.keywordEvidencespa
dc.subject.keywordfromspa
dc.subject.keywordPinochetspa
dc.subject.keywordRegimespa
dc.titleThe Privatization Origins of Political Corporations: Evidence from the Pinochet Regimespa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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