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Assessing the impact of Mali’s water privatization across stakeholders

Estache, Antonio; Grifell-Tatjé, Emili - C.E.P.R. Discussion Papers - 2011

This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … indicator duality and production theory. The paper shows that users benefited through lower real water prices -although users in … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also …

Persistent link: https://www.econbiz.de/10009399719

Privatization, Efficiency and Economic Growth

Gylfason, Thorvaldur - C.E.P.R. Discussion Papers - 1998

Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model … by enhancing efficiency as if a relative price distortion were being removed through price reform, trade liberalization …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …

Persistent link: https://www.econbiz.de/10005504670

Globalization and Cooperative Relations

Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2002

Globalization – improved access to integrated, anonymous markets – is claimed to crowd out cooperative relations: from reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents’ intertemporal preferences and their access to markets...

Persistent link: https://www.econbiz.de/10005136656

Making Democracy Work: Culture, Social Capital and Elections in China

Padró i Miquel, Gerard; Qian, Nancy; Xu, Yiqing; Yao, Yang - C.E.P.R. Discussion Papers - 2015

This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of electoral reforms in Chinese villages. We use the...

Persistent link: https://www.econbiz.de/10011213313

Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies

López, Ramón; Palacios, Amparo - C.E.P.R. Discussion Papers - 2011

This paper systematically examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe using disaggregated data for 12 European countries over the 1995-2008 period. It uses a methodology that obtains estimates mostly free of time-varying omitted variable biases....

Persistent link: https://www.econbiz.de/10009278172

Debt-sensitive Majority Rules

Becker, Johannes Gerd; Gersbach, Hans; Grimm, Oliver - C.E.P.R. Discussion Papers - 2010

We examine debt-sensitive majority rules. According to such a rule, the higher a planned public debt, the higher the parliamentary majority required to approve it. In a two-period model we compare debt-sensitive majority rules with the simple majority rule when individuals differ regarding their...

Persistent link: https://www.econbiz.de/10008468567

Civil War, Public Goods and the Social Wealth of Nations

Kanbur, Ravi; Pottebaum, David - C.E.P.R. Discussion Papers - 2002

This Paper establishes and explores the implications of a somewhat surprising empirical finding. Although civil war adversely affects the performance of social indicators in general, poorer countries lose less, in absolute and relative terms, than richer countries. It is argued that the...

Persistent link: https://www.econbiz.de/10005123856

Strategic Experimentation with Exponential Bandits

Cripps, Martin William; Keller, R Godfrey; Rady, Sven - C.E.P.R. Discussion Papers - 2003

acquisition; the efficiency of these equilibria depends on the way players share the burden of experimentation among them. In …

Persistent link: https://www.econbiz.de/10005124141

Where Are the Real Bottlenecks? Evidence from 20,000 Firms in 60 Countries About the Shadow Costs of Constraints to Firm Performance

Carlin, Wendy; Schaffer, Mark E; Seabright, Paul - C.E.P.R. Discussion Papers - 2006

We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers’ answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...

Persistent link: https://www.econbiz.de/10005124336

Party Discipline and Pork-Barrel Politics

Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2005

decision-making. We find that the rhetoric and reality of pork-barrel spending, and also the efficiency of the spending regime …

Persistent link: https://www.econbiz.de/10005136600

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