This paper uses an original database of 469 politically connected firms under the Mubarak regime in Egypt to explore the economic effects of close state-business relations. Previous research has shown that political connections are lucrative. The paper addresses several questions raised by this research. Do connected firms receive favorable regulatory treatment? They do: connected firms are more likely to benefit from trade protection, energy subsidies...
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2015/07/02
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Documento de trabalho sobre pesquisa de políticas
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WPS7354
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1
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1
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2015/07/02
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Disclosed
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Pyramid capitalism : political connections, regulation, and firm productivity in Egypt
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Oil and Gas Sector
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