Fillable A Political Economy Model of Resource Pricing with ... - Mafhoum

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A Political Economy Model of Resource Pricing with Evidence from the Fuel Market Hadi Salehi Esfahani* Department of Economics, University of Illinois at Urbana-Champaign August 2002 Abstract This paper suggests that institutional developments may not have monotone effects on the efficiency of economic policy. The paper develops a model and offers evidence from fuel pricing across countries to show that...
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