This paper takes advantage of unique intra-country variation in the Philippines power sector to examine under what conditions politicians have an incentive to "capture" an electric utility and use it for the purposes of rent-seeking. The authors hypothesize that the level of capture is determined by the incentives of, and the interactions between, local and national politicians, where the concepts of "local" and "national" are context specific. A...
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详细
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2011/06/01
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政策研究报告
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WPS5704
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1
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1
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2011/06/01
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Disclosed
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The politics of power : the political economy of rent-seeking in electric utilities in the Philippines
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local politician