Séminaire Cournot – Jean-Philippe PLATTEAU (U. Namur)

Détails de l'événement :

Nous avons le plaisir d’accueillir pour la première séance du séminaire Cournot du BETA organisé avec le soutien de la FSEG le vendredi 11 octobre à 14h

Jean-Philippe PLATTEAU (U. Namur)

qui présentera son article intitulé :

Political liberalisation and State Capture by Business Interests

coécrit avec François Bourguignon et Perrin Lefebvre

A widespread view holds that political liberalisation should help improve a country’s governance. Motivated by observations from three African countries, we question this view by relaxing the implicit assumption that the state is immune to the influence of wealthy business leaders. We explore the relationship between political competition and state capture when these leaders can make campaign donations to political candidates and thereby obtain an easier access to the rents of political power. We find that, when the business sector is unified, the risk of state capture increases with the number of candidates, though beyond a certain point it starts to decrease. If the benefits from capture are large enough, however, the relationship becomes unambiguously positive for the range of relevant parameters. When the business sector is broken down into independent firms which must share the rent, state capture is attenuated. And vice-versa if the firms are in harsh competition to appropriate it. Finally, a coalition of corruptible candidates gives rise to a monotonous positive relationship between political competition and capture regardless of the magnitude of state rents. A major policy implication of the analysis is that economic and political liberalisation reforms should be designed sequentially.

Lien vers l’article : https://seafile.unistra.fr/f/752df01b911d43f48a40/

Si vous souhaitez rencontrer ou déjeuner avec Jean-Philippe Platteau le jeudi 10/10 après midi ou le vendredi matin 11/10 : merci de contacter Marie Boltz : m.boltz@unistra.fr

Pour en savoir plus sur J.P Platteau : https://directory.unamur.be/staff/jpplatte

Programme de l’année : https://www.beta-economics.fr/seminaires-cournot-2024-2025/