This paper examines the relationship between entry regulation and the business interests of former President Ben Ali's family using firm-level data from Tunisia. Connected firms account for a disproportionate share of aggregate employment, output and profits, especially in sectors subject to authorization and restrictions on FDI. Quantile regressions show that profit and market share premia from being connected increase along the firm-size distribution...
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INFORMATION
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2014/03/01
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Document de travail de recherche sur les politiques
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WPS6810
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1
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1
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2014/03/01
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Disclosed
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All in the family : state capture in Tunisia
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European Bank for Reconstruction and Development