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When the State Changes its Mind: The Puzzle of Discontinuity in Government Control of Economic Activity

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Type: Conference Paper
Author: Eggertsson, Thráinn
Conference: Privatization at the Turn of the Century
Location: Budapest
Conf. Date: Sept. 6-7, 1996
Date: 1996
URI: https://hdl.handle.net/10535/452
Sector: Social Organization
Region:
Subject(s): institutional economics
regulation
institutional analysis
Abstract: "By its allocation of the right to control scarce resources, the state shapes the distribution of wealth, economic organization, and economic performance over time. The locus of control within the state itself, for instance on the local-central axis, can have significant impact on economic systems, but here I am concerned with the public-private divide."

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