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Determinants of Expropriation in the Oil Sector: A Theory and Evidence from Panel Data

Guriev, Sergei; Kolotilin, Anton; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2008

In this paper we study nationalizations in the oil industry around the world in 1960-2002. We show, both theoretically and empirically, that governments are more likely to nationalize when oil prices are high and when political institutions are weak. We consider a simple dynamic model of the...

Persistent link: https://www.econbiz.de/10005662343

Optimal Campaigning in Presidential Elections: The Probability of Being Florida

Strömberg, David - C.E.P.R. Discussion Papers - 2002

This Paper delivers a precise recommendation for how presidential candidates should allocate their resources to maximize the probability of gaining a majority in the Electoral College. A two-candidate, probabilistic-voting model reveals that more resources should be devoted to states which are...

Persistent link: https://www.econbiz.de/10005792233

Structural and Stabilization Aspects of Fiscal and Financial Policy in the Dependent Economy

Buiter, Willem H. - C.E.P.R. Discussion Papers - 1986

The paper considers the response of a small, open dependent economy to a variety of fiscal and financial shocks. It also examines the influence of alternative budget-balancing rules on the response of the economy to external shocks, such as a change in the world interest rate. The approach...

Persistent link: https://www.econbiz.de/10005498001

The Ghost of PAR? Public Expenditure Planning Beyond Plowden

Bosanquet, Nicholas - C.E.P.R. Discussion Papers - 1988

The current control system for public expenditure in the United Kingdom dates from the Plowden Report in 1961 and was developed for a public utilities model. This paper presents detailed evidence on changes in the composition of public expenditure. A new control system is proposed that is better...

Persistent link: https://www.econbiz.de/10005281370

Growth, Colonization, and Institutional Development: In and Out of Africa

Bertocchi, Graziella - C.E.P.R. Discussion Papers - 2011

This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …

Persistent link: https://www.econbiz.de/10009225960

Human Development in Africa: A Long-run Perspective

Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 2011

Long-run trends in Africa’s well-being are provided on the basis of a new index of human development, alternative to … experienced in other developing regions. Within Africa, Sub-Saharan Africa has fallen steadily behind the North since mid-20th …

Persistent link: https://www.econbiz.de/10009322973

Evidence on the impact of minimum wage laws in an informal sector: Domestic workers in South Africa

Dinkelman, Taryn; Ranchhod, Vimal - C.E.P.R. Discussion Papers - 2011

South Africa and variation in the intensity of this law to identify increases in wages for domestic workers and find no …

Persistent link: https://www.econbiz.de/10009365006

Land deals in Africa: pioneers and speculators

Collier, Paul; Venables, Anthony J - C.E.P.R. Discussion Papers - 2011

Much African land currently has low productivity and has attracted investors purchasing (or leasing) land as a speculative option on higher future prices or productivity. If land deals are to be beneficial they need to induce productivity enhancing investments. Some of these will be publicly...

Persistent link: https://www.econbiz.de/10009367429

Did Colonization Matter for Growth? An Empirical Exploration into the Historical Causes of Africa's Underdevelopment

Bertocchi, Graziella; Canova, Fabio - C.E.P.R. Discussion Papers - 1996

for sub-Saharan Africa becomes less significant in a cross section of 98 countries after controlling for colonial …

Persistent link: https://www.econbiz.de/10005791768

Growth, History, or Institutions? What Explains State Fragility in Sub-Saharan Africa

Bertocchi, Graziella; Guerzoni, Andrea - C.E.P.R. Discussion Papers - 2010

We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …

Persistent link: https://www.econbiz.de/10008468636