The Privatization Origins of Political Corporations: Evidence from the Pinochet Regime
We 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 fir...
|Autores Principales:||, ,|
Cambridge University Press
|Acceso en línea:||https://repository.urosario.edu.co/handle/10336/22334|