Showing 1 - 10 of 48,811
accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so … that shape infrastructure policy. Our empirical findings on a panel of France's regions over 1985-91 suggest that influence …This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure …
Persistent link: https://www.econbiz.de/10005666545
) electoral mechanisms, the (ii) lobbying institutions, and the (iii) legislative bargaining that affect its supply. A recent … the other. Areas ripe for more exploration include informational lobbying, the role of the media, firm-level analysis of … lobbying and more realistic approaches to labor markets. …
Persistent link: https://www.econbiz.de/10014023458
maker does not react unless all of them are actively lobbying. In a ‘mutual discipline’ or high-trust equilibrium, by …
Persistent link: https://www.econbiz.de/10005792452
We study the effects of unequal representation in the interest-group system on the degree of information transmission between a lobbyist and a policy-maker. Employing a dynamic cheap-talk model in which the lobbyist cares instrumentally about his reputation for truth telling, we show that the...
Persistent link: https://www.econbiz.de/10005792547
In this note, we use the technique of option sets to sort out the implications of coalitional strategyproofness in the spatial setting. We also discuss related issues and open problems. -- social choice ; strategyproofness ; voting
Persistent link: https://www.econbiz.de/10009505653
This paper studies the interaction between different actors in the policy-making process of fiscal transfer reform in Colombia. To analyse this reform, we use the “life cycle of reform” framework. In that context, we follow critical phases in the reform process: planning, dialogue and...
Persistent link: https://www.econbiz.de/10011276696
This paper contributes to literature on the process of reform in Latin America. We study political economy aspects and the policy making process of reforms in what we identify as the five critical steps through the "life cycle" of a policy reform: the Planning, Dialogue, Adoption,...
Persistent link: https://www.econbiz.de/10009319142
Politicians frequently undertake projects whose budgetary costs are disproportionate to the benefits they create for the voters or shareholders those decision-makers represent. When they are not the result of simple random mistakes, such wasteful projects are often attributed to weak mechanisms...
Persistent link: https://www.econbiz.de/10008468681
This Paper analyses an overlapping generation model of public good provision under repeated voting. The public good is financed through age-dependent taxation that distorts human capital investment. Taxes redistribute income both across different skill groups and across generations. We contrast...
Persistent link: https://www.econbiz.de/10005123612
In this Paper we argue that the political incentives that resource endowments generate are the key to understanding whether or not they are a curse. We show: (1) politicians tend to over-extract natural resources relative to the efficient extraction path because they discount the future too...
Persistent link: https://www.econbiz.de/10005067503