Endogenous Property Rights, Conflict Intensity and Inequality in Asymmetric Rent-seeking Contest
Economics. EC. Высшая школа экономики , 2014. No. 72.
Does less inequality in wealth distribution imply better property rights protection? In this paper we show that this impact is non monotonous and is conditional on a) equilibrium type: conflict (rent-seeking) or peace, b) the reasons of changes in wealth distribution, and c) the size of the ruling class, “elite”. In the conflict stage, institutional quality positively depends on the wealth of the elite, but negatively – on the size of the elite class. However, the transition from conflict to peace stage (with no rent-seeking and fast growth) requires the reduction of inequality. This generates an institutional trap. Moreover, the intensity of rent-seeking behavior increases both with progressive redistribution of wealth and with widening of the ruling class. Our results allow characterizing wealth distributions, wherein it is better to redistribute wealth or to expand the ruling class in order to improve institutions and limit rent-seeking incentives.
Research target: Economics and Management
Priority areas: economics
, Экономический журнал Высшей школы экономики 2015 Т. 19 № 1 С. 45-80
This paper analyses the impact of inequality in wealth distribution on the strength of property rights in non-democratic countries. We construct the model with asymmetric rent-seeking contest and endogenous institutions to demonstrate that the impact of inequality on property rights is non monotonous and conditional on a) what the inequality is driven by: higher aggregate ...
Added: October 6, 2014
, Журнал Новой экономической ассоциации 2014 № Специальный выпуск С. 19-34
This paper presents the game-theoretic model of production and conflict (rent-seeking). It attempts to explain the empirically observed non monotonous relationship between, on the one hand, the rent-seeking intensity and, on the other hand, heterogeneity in asset ownership and quality of property rights protection. We show that there exists an “inverted-U” relationship between the aggregate ...
Added: September 15, 2014
, , Научные труды Вольного экономического общества России 2021 Т. 227 С. 92-114
The article discusses the problems of spatial development of modern Russia: the growth of interregional inequality, the increase of center-periphery differences and the disintegration of the economic space. It is argued that the key component of the government spatial policy should be institutional support for the synergy of interregional interaction. The necessary practical steps are ...
Added: October 23, 2021
, Публичная политика 2018 Т. 2 № 2 С. 114-128
The key message of this paper is a differentiation problem of teachers remuneration in the multi-regional context. Additionally to the historical and monitoring data analysis of the teachers' remuneration, some opinions, that hadn't reached conventional level, are proposed for further discussion: about the formality of the performance-based contract of employment effects as a legal fiction; ...
Added: February 28, 2019
, , Социальная психология и общество 2021 Т. 12 № 4 С. 5-19
Objective. To analyze and summarize the results obtained in various social sciences regarding the emergence and spread of prejudice. Background. Prejudice is a complex issue, which is represented in different spheres of social science. In psychology, researchers analyzed individual or group-based factors, while in economics and sociology they investigate objective indicators of the socioeconomic development at ...
Added: September 22, 2020
, Экономическая социология 2014 Т. 15 № 5 С. 104-112
The author presents a review of “In the Shadow of Regulation: Informality in the Russian Labor Market” edited by V. Gimpelson and R. Kapeliushnikov (HSE Publishing House, 2014). This book is designed as a collection of texts devoted to various aspects of informal employment in the Russian labor market. The book review attempts to explore ...
Added: October 17, 2015
, Общественные науки и современность 2019 № 3 С. 79-93
This paper is devoted to the study of the degree of trust (and distrust) in Russia, and to the assessment of the possible impact of trust on the level of the economic development of Russia. The level of social trust in Russia is lower than in many developed countries. The armed forces and the church ...
Added: June 4, 2019
Globalización financiera y sus efectos sobre el desarrollo financiero [Financial globalization and its effects on financial development]
, Ensayos Sobre Política Económica 2011 Vol. 29 No. 66 P. 80-127
This paper shows the empirical evidence about the nexus financial globalization-financial development, and the theoretical relationship between both, because this is important for the process of economic growth and development. A new empirical test is elaborated, with new indicators of financial globalization and financial development closer to theoretical and conceptual framework, and with a different ...
Added: January 23, 2014
The regional distribution of foreign investment in Russia. Are Russians more appealing to multinationals as consumers or as natural resource holders?
, , Economics of Transition and Institutional Change 2014 Vol. 22 No. 4 P. 605-634
This article conducts a plant-level study of the factors affecting foreign direct investment (FDI) inflow to a large openning economy endowed with specific factor advantages. We conclude that the distribution of FDI in the Russian regions depends on market access and can be most notably by the knowledge-capital framework. Factor endowments built by natural resources ...
Added: August 25, 2014
, Географический вестник 2020 Т. 1 № 52 С. 96-107
The article is devoted to the issue of accessibility of higher education in terms of the author's understanding of spatial accessibility. According to this view, the indicator of low spatial accessibility of higher education within the region is more intense migration flows of 18-year-olds from the region of permanent residence. Young people aged 17-25 are ...
Added: May 7, 2019
, , Азия и Африка сегодня 2019 № 10 С. 52-54
The Centre for Sociological and Political Sciences Studies of the Institute for African Studies of the Russian Academy of Sciences held the Round Table “Tourism in Africa: Prospects for Development”. Participants of the round table placed considerable emphasis on the fact that African countries that have committed to developing tourism industry face both old problems – ...
Added: October 15, 2020
, Вопросы статистики 2013 № 3 С. 70-75
Жилье - важнейший атрибут благополучия отдельного человека и его семьи, оно влияет не только на уровень благосостояния и удовлетворенности жизнью сегодня, но и на будущие успехи индивидов, прежде всего - детей. Статья основана на данных Обследований бюджетов домашних хозяйств и освещает положение российских семей в жилищной сфере в зависимости от числа детей в них, неравенство ...
Added: March 12, 2013
, Вестник Удмуртского университета. Серия 2: Экономика и право 2014 № 1 С. 40-47
The article discusses the global competitiveness of Russia inside BRICS . As compiled by the World Economic Forum (WEF ) experts Global Competitiveness Report Russia fifth consecutive time is behind the other countries in this group. Analysis of the main components of the overall index of competitiveness shows that this lag occurs mainly due ...
Added: November 2, 2014
, Экономическая социология 2020 Т. 21 № 2 С. 76-90
This paper is a review of Radical Markets: Uprooting Capitalism and Democracy for a Just Society, the book by Eric A. Posner and Glen E. Weyl and published in 2018. Prof. Posner works at the University of Chicago, where his scholarship is dedicated to international law, foreign relations law, contracts, and game theory and the ...
Added: July 4, 2020
, Бизнес-журнал 2006 № 16(100)
Усилия российских предприятий направлены не на реализацию инновационных прорывов с перспективой создания новых рынков, а преимущественно на имитацию чужих инноваций и сохранение прежней ниши на локальных рынках. Все это обрекает экономику на движение по «догоняющему» пути развития и растущее технологическое отставание. ...
Added: January 16, 2013
Turku : [б.и.], 2012
The Pan-European Institute publishes a quarterly discussion forum Baltic Rim Economies (BRE) which focuses on the development of the Baltic Sea region. In BRE, high level public and corporate decision makers, representatives of Academia, and several other experts contribute to the discussion. ...
Added: June 20, 2013
, , Post-Communist Economies 2010 Vol. 22 No. 3 P. 283-302
Despite the impressive economic growth in Russia between 1999 and 2007, there is a fear that Russia may suffer the Dutch disease, which predicts that a country with large natural resource rents may experience a de-industrialisation and a lower long term economic growth. In this paper we study if there are any symptoms of the ...
Added: October 4, 2012
, , Post-Communist Economies 2012 Vol. 24 No. 2 P. 191-217
In spite of a growing body of literature investigating the determinants of youth unemployment, studies at sub-national level are still scarce, especially for Russian regions. This article is an innovative attempt to analyse econometrically the key factors affecting the youth unemployment rate and the ratio between youth and total unemployment rates for 75 Russian regions ...
Added: September 3, 2012
, , Журнал Новой экономической ассоциации 2016 Т. 32 № 4 С. 30-60
We propose a two-sector unified growth model, in which the speed of industrialization depends on the outcome of political conflict between the heterogeneous interest groups differing with respect to capital and land ownership. The distribution of capital and land determines agents’ political preferences and their incentives to invest in lobbying for development or blocking modern ...
Added: September 12, 2016
, Человек и труд 2000 № 11 С. 81-84
Успехи мировых научно-технологических лидеров во многом определяются эффективной интеграцией науки, образования и бизнеса, выступающей действенным инструментом устойчивого развития и конкурентоспособности этих стран в условиях глобализации и становления экономики, основанной на знаниях. ...
Added: January 17, 2013
, , Общество и экономика 2016 № 1 С. 78-114
Drawing on the broad statistical data, we document that both poverty and inequality in BRICS are based on varying fundamentals. Different definitions of poverty applied in the paper have resulted in defining four types of poverty, such as pre-industrial poverty of the modernized societies (India and South Africa), early industrial poverty of urban lumpen (Brazil), industrial ...
Added: April 4, 2016
, Вестник Института экономики Российской академии наук 2015 № 1 С. 149-162
The 19th century saw an explosive growth of the gap between the “First” and the “Third” World as regards per capita incomes and levels of life that has become to be known as the “Great Divergence”. In the 20th century the Great Divergence continued up to the early 1970s, and then – in the late ...
Added: December 3, 2015
, , Russian Journal of Economics 2020 Vol. 6 No. 4 P. 437-462
The international community has become increasingly concerned with sustainable development and particularly with preventing climate change. The COVID-19 pandemic and global recession of 2020 will exacerbate the situation not just for 2020–2021, but for many years to come. Sadly, it is a game-changer. The necessity to solve problems of poverty (energy poverty) and inequality, as ...
Added: December 14, 2020
, Экономический журнал Высшей школы экономики 2016 Т. 20 № 3 С. 415-441
The paper studies the evolution of inequality in the distribution of work between Russian households using data from RLMS HSE for 1994–2014. Following [Gregg, Wadsworth, 2008], I estimate disparities between individual and household-based measures of joblessness and compare actual household workless rates with counterfactuals based on a random distribution of work. My findings show that ...
Added: October 28, 2016