Calendrier du 25 mai 2020
Roy Seminar (ADRES)
Du 25/05/2020 de 17:00 à 18:30
salle R1-09, campus Jourdan - 75014 Paris
NEEMAN Zvika (Tel Aviv)
ANNULE
Régulation et Environnement
Du 25/05/2020 de 14:00 à 15:00
online
MELINDI-GHIDI Paolo (Université de Nanterre)
Particularism, dominant minorities and institutional change
écrit avec Raouf Boucekkine, Rodolphe Desbordes
We develop a theory of institutional transition from dictatorship to minority dominant-based regimes in resource-dependent economies. We depart from the standard political transition framework à la Acemoglu-Robinson in four essential ways: (i) population is heterogeneous, there is a minority/majority split, heterogeneity being generic, simply reflecting subgroup size; (ii) there is no median voter in the post-dictatorship period, political and economic competition is favorable to the minority (fiscal particularism); (iii) (windfall) natural resources are introduced, and (iv) we distinguish between labor income and resources, and labor supply is endogenous. We first document empirically fiscal particularism, its connection with natural resource endowment, and the impact of both on revolutionary bursts. Second, we construct a full-fledged model incorporating the four characteristics outlined above. We show, among others, that polarization is a sufficient condition for revolutions, while natural resource rents are not although they do matter when polarization is low. In agreement with our empirical facts, countries engaging in revolutions tend to be slightly less resource-rich than other countries. We also outline the interplay between natural resource rents, polarization and labor market conditions at the dawn of institutional change. Our theory is appropriate to understand the institutional dynamics of highly homogeneous resource-rich countries which, after a post-independence autocratic regime, turn to be dominated by minorities.
Paris Game Theory Seminar
Du 25/05/2020 de 11:00 à 12:00
Institut Henri Poincaré - 11 rue Pierre et Marie Curie - 75005 Paris
SHMAYA Eran ()
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