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Persson, Torsten; Roland, Gérard; Tabellini, Guido - C.E.P.R. Discussion Papers - 1997

endogenous incentives for legislative cohesion, but this allows for a clearer separation of powers. These features lead to clear …

Persistent link: https://www.econbiz.de/10005136516

Separation of Powers and Accountability: Towards a Formal Approach to Comparative Politics

Persson, Torsten; Roland, Gérard; Tabellini, Guido - C.E.P.R. Discussion Papers - 1996

A political constitution is like an incomplete contract: it spells out a procedure for making decisions and for … for disciplining public officials. But elections are not sufficient. Separation of powers between executive and … pool'' problem. These advantages of separation of powers are present both in Presidential and in Parliamentary democracies …

Persistent link: https://www.econbiz.de/10005498040

Political Institutions and Policy Outcomes: What are the Stylized Facts?

Persson, Torsten; Tabellini, Guido - C.E.P.R. Discussion Papers - 2001

We investigate the effect of electoral rules and political regimes on fiscal policy outcomes in a panel of 61 democracies from 1960 onwards. In presidential regimes, the size of government is smaller and less responsive to income shocks, compared to parliamentary regimes. Under majoritarian...

Persistent link: https://www.econbiz.de/10005281371

The Limits of Career Concerns in Federalism: Evidence from China

Persson, Petra; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2015

Performance-based promotion schemes in administrative hierarchies have limitations. Chinese provincial leaders, despite facing strong career concerns, make different policy decisions depending on their career backgrounds. Provincial party secretaries who rose from low to high positions within...

Persistent link: https://www.econbiz.de/10011165652

International Unions

Alesina, Alberto F; Angeloni, Ignazio; Etro, Federico - C.E.P.R. Discussion Papers - 2003

We model an international union as a group of countries deciding together on the provision of public goods or policies that generate spillovers across members. The trade-off between benefits of coordination and loss of independent policy-making endogenously determines size, composition and scope...

Persistent link: https://www.econbiz.de/10005791323

From Federalism, Chinese Style, to Privatization, Chinese Style

Yuanzheng, Cao; Qian, Yingyi; Weingast, Barry - C.E.P.R. Discussion Papers - 1998

– federalism, Chinese style. We suggest a range of incentives that propel local governments toward SOE reform, including their … harder budget constraints and increased competition from the non-state sector. In this sense, Chinese style federalism, has …

Persistent link: https://www.econbiz.de/10005792177

Provincial Protectionism

Sonin, Konstantin - C.E.P.R. Discussion Papers - 2003

In a federal state, political leaders of constituent units might protect their enterprises from the federal center (e.g., allowing them not to pay federal taxes). The effectiveness of such protection depends crucially on the ability of local authorities to extract rents from enterprises. They...

Persistent link: https://www.econbiz.de/10005792438

The Institutional Foundations of China’s Reforms and Development

Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010

China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper analyses China’s institution - a regionally...

Persistent link: https://www.econbiz.de/10008468688

Trade as an Engine of Political Change. A Parable

Casella, Alessandra - C.E.P.R. Discussion Papers - 1993

If efficient economic activity requires appropriate public goods, then changes in the volume and flow of trade will induce changes in the demand for these public goods. In general, if people disagree over their preferred levels of public goods, the expansion of trade may affect the structure of...

Persistent link: https://www.econbiz.de/10005123727

Regional Decentralization and the Soft Budget Constraint: The Case of China

Qian, Yingyi; Roland, Gérard - C.E.P.R. Discussion Papers - 1994

enterprises. Fiscal decentralization combined with monetary centralization (i.e. fiscal federalism) may achieve not only hard …

Persistent link: https://www.econbiz.de/10005124311