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Politically Connected Polluters Under Smog
SSRN Electronic Journal, 2013I conduct an event study of an exogenous pollution shock-smog in the winter of 2013 to examine how the market values of firms in polluting industries and environmental protecting industries, respectively, responded in “the world's worst polluter”: China.
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Connecting the Media and Politics
2007Few observers nowadays would fail to acknowledge that the mass media are central to the way modern democracies are constituted. However, there is less of a consensus about whether the media are living up to our expectations or, indeed, what role they ought to play in modern politics.
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Political persistence, connections and economic growth [PDF]
, 2009 Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast with previous contributions, we develop a model of growth
Giorgio Bellettini +2 more
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