{"id":"https://openalex.org/W1583330658","doi":null,"title":"Towards a Property Rights View of Government Ownership","display_name":"Towards a Property Rights View of Government Ownership","publication_year":1999,"publication_date":"1999-10-22","ids":{"openalex":"https://openalex.org/W1583330658","mag":"1583330658"},"language":"en","primary_location":{"id":"mag:1583330658","doi":null,"is_oa":false,"landing_page_url":"https://www.researchgate.net/profile/David_Robinson18/publication/228142854_Towards_a_Property_Rights_View_of_Government_Ownership/links/0deec51e7e9883e3a9000000.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5056581911","display_name":"David T. Robinson","orcid":"https://orcid.org/0000-0003-3687-5186","observed_orcids":["https://orcid.org/0000-0003-3687-5186"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I170897317","display_name":"Duke University","ror":"https://ror.org/00py81415","country_code":"US","type":"education","lineage":["https://openalex.org/I170897317"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"David T. Robinson","raw_affiliation_strings":["Fuqua School of Business, Duke University","National Bureau of Economic Research (NBER)"],"raw_orcid":"https://orcid.org/0000-0003-3687-5186","affiliations":[{"raw_affiliation_string":"Fuqua School of Business, Duke University","institution_ids":["https://openalex.org/I170897317"]},{"raw_affiliation_string":"National Bureau of Economic Research (NBER)","institution_ids":["https://openalex.org/I1321305853"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5066035235","display_name":"Kewei Hou","orcid":"https://orcid.org/0000-0002-8638-1777","observed_orcids":["https://orcid.org/0000-0002-8638-1777"]},"institutions":[{"id":"https://openalex.org/I52357470","display_name":"The Ohio State University","ror":"https://ror.org/00rs6vg23","country_code":"US","type":"education","lineage":["https://openalex.org/I52357470"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Kewei Hou","raw_affiliation_strings":["Ohio State University (OSU) - Department of Finance"],"raw_orcid":"https://orcid.org/0000-0002-8638-1777","affiliations":[{"raw_affiliation_string":"Ohio State University (OSU) - Department of Finance","institution_ids":["https://openalex.org/I52357470"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":3,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.4832000136375427,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.4832000136375427,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13901","display_name":"State Capitalism and Financial Governance","score":0.08780000358819962,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11042","display_name":"Corruption and Economic Development","score":0.06459999829530716,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/state-ownership","display_name":"state ownership","score":0.8999999761581421},{"id":"https://openalex.org/keywords/public-ownership","display_name":"public ownership","score":0.7129999995231628},{"id":"https://openalex.org/keywords/hold-up-problem","display_name":"hold-up problem","score":0.7829999923706055},{"id":"https://openalex.org/keywords/credible-commitment","display_name":"credible commitment","score":0.5789999961853027},{"id":"https://openalex.org/keywords/government-credibility","display_name":"government credibility","score":0.6850000023841858},{"id":"https://openalex.org/keywords/property-rights","display_name":"property rights","score":0.6700000166893005},{"id":"https://openalex.org/keywords/public-expenditure","display_name":"government spending","score":0.5619999766349792},{"id":"https://openalex.org/keywords/legal-origins","display_name":"legal origins","score":0.5649999976158142}],"concepts":[{"id":"https://openalex.org/C2780224610","wikidata":"https://www.wikidata.org/wiki/Q1530061","display_name":"Credibility","level":2,"score":0.9074840545654297},{"id":"https://openalex.org/C153180980","wikidata":"https://www.wikidata.org/wiki/Q19776675","display_name":"Commit","level":2,"score":0.7955412864685059},{"id":"https://openalex.org/C86511162","wikidata":"https://www.wikidata.org/wiki/Q8799101","display_name":"Property rights","level":2,"score":0.6565507650375366},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.6167552471160889},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4606175124645233},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.46050378680229187},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.45689842104911804},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.44656282663345337},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.41879579424858093},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.16550403833389282},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.09333077073097229},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0789477527141571},{"id":"https://openalex.org/C77088390","wikidata":"https://www.wikidata.org/wiki/Q8513","display_name":"Database","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:1583330658","doi":null,"is_oa":false,"landing_page_url":"https://www.researchgate.net/profile/David_Robinson18/publication/228142854_Towards_a_Property_Rights_View_of_Government_Ownership/links/0deec51e7e9883e3a9000000.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions","score":0.9595999717712402}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":24,"referenced_works":["https://openalex.org/W1503687797","https://openalex.org/W1526669572","https://openalex.org/W1566344170","https://openalex.org/W1580191282","https://openalex.org/W1966635053","https://openalex.org/W1991128340","https://openalex.org/W2006885981","https://openalex.org/W2015930340","https://openalex.org/W2033856125","https://openalex.org/W2037304419","https://openalex.org/W2066823663","https://openalex.org/W2068893248","https://openalex.org/W2070639717","https://openalex.org/W2104795328","https://openalex.org/W2108818539","https://openalex.org/W2110718993","https://openalex.org/W2117455041","https://openalex.org/W2162448899","https://openalex.org/W2283303653","https://openalex.org/W2566856888","https://openalex.org/W2891290756","https://openalex.org/W3022337859","https://openalex.org/W3121420420","https://openalex.org/W3125898175"],"related_works":["https://openalex.org/W2171255082","https://openalex.org/W7097053936","https://openalex.org/W19568483","https://openalex.org/W3124611529","https://openalex.org/W2129741609","https://openalex.org/W7096953774","https://openalex.org/W2103097556","https://openalex.org/W3154402414","https://openalex.org/W2347512638","https://openalex.org/W2590852354"],"abstract_inverted_index":{"This":[0],"work":[1],"explores":[2],"the":[3,19,41,47,72,118,120],"idea":[4],"that":[5,23,44,63],"governments":[6,24,66,143],"use":[7],"direct":[8,34,69],"public":[9],"ownership":[10,35,70],"to":[11,15,51,80,144],"make":[12],"credible":[13,65],"commitments":[14],"other":[16,30,125],"agents":[17],"in":[18,105],"economy.":[20],"We":[21,127],"argue":[22],"exercise":[25],"indirect":[26],"control":[27],"rights":[28],"over":[29,97],"agents'":[31],"cash":[32],"flows:":[33],"is":[36,62],"a":[37,83,98,158],"means":[38],"of":[39,59,71,88,107,161],"mitigating":[40],"holdup":[42,78],"problems":[43,79],"arise":[45],"when":[46],"government":[48],"cannot":[49],"commit":[50],"avoid":[52],"abusing":[53],"these":[54],"rights.":[55],"The":[56,138],"empirical":[57],"implication":[58],"this":[60],"theory":[61],"more":[64,129,146],"take":[67],"lower":[68],"economy,":[73],"since":[74],"they":[75],"have":[76],"fewer":[77],"solve.":[81],"With":[82],"unique":[84],"panel":[85],"comprising":[86],"measures":[87],"ownership,":[89],"credibility,":[90],"and":[91,164],"expenditure,":[92],"for":[93,140,166],"nearly":[94],"100":[95],"countries":[96],"10-year":[99],"period,":[100],"we":[101,116],"find":[102,128],"strong":[103],"evidence":[104],"support":[106],"our":[108,112],"propositions.":[109],"To":[110],"distinguish":[111],"story":[113],"from":[114],"alternatives":[115],"study":[117],"how":[119],"credibility-ownership":[121],"relation":[122],"varies":[123],"with":[124,157],"measures.":[126],"pronounced":[130],"results":[131,152],"among":[132],"industrial":[133],"nations":[134],"than":[135],"developing":[136],"ones.":[137],"tendency":[139],"high":[141],"expenditure":[142],"own":[145],"diminishes":[147],"as":[148],"credibility":[149,156],"increases.":[150],"These":[151],"persist":[153],"after":[154],"instrumenting":[155],"country's":[159],"origin":[160],"legal":[162],"system":[163],"controlling":[165],"unobserved":[167],"country-specific":[168],"heterogeneity.":[169]},"counts_by_year":[],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2016-06-24T00:00:00"}