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• W3123291475 abstract "This article analyzes an understudied and contested form of government taking, transfer restriction, which has supplanted expropriation as the most ubiquitous and costly type of international property rights violation. Veto-player-type constraints curtail governments’ ability to engage in outright and (nontransfer related) creeping expropriation but have little impact on their ability to generate wealth via transfer restrictions. We use a formal model to derive testable implications regarding the effect of political institutions and domestic politics on governments’ ability to collect these two types of rent. Empirically, we use novel time-series cross-sectional data to show that while veto-player-type political constraints diminish expropriation risk, transfer risk is much less affected: even constrained governments impose transfer restrictions." @default.
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• W3123291475 date "2017-04-19" @default.
• W3123291475 modified "2023-09-26" @default.
• W3123291475 title "Even Constrained Governments Take" @default.
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• W3123291475 doi "https://doi.org/10.1177/0022002717701181" @default.
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