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From One to Many Central Plans: Drug Advertising Inspections and Intra-National Protectionism in China

Eberhardt, Markus; Wang, Zheng; Yu, Zhihong - CESifo - 2014

This paper provides the first micro-level evidence for the existence and patterns of intra-national protectionism in China. We demonstrate that drug advertising inspections are used by provincial governments to discriminate against firms from outside the province and document how the degree of...

Persistent link: https://www.econbiz.de/10010877945

Towards Behavioral Political Economy of Institutional Change: With Field Facts from China

Zhang, Yongjing; Wang, Mei - CESifo - 2014

This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...

Persistent link: https://www.econbiz.de/10010948883

Membership has its Privileges - The Effect of Membership in International Organizations on FDI

Dreher, Axel; Mikosch, Heiner; Voigt, Stefan - CESifo - 2010

We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...

Persistent link: https://www.econbiz.de/10008727297

Reforming Pensions in Europe: Economic Fundamentals and Political Factors

Schneider, Ondrej - CESifo - 2009

This paper analyzes pension reforms in Europe and their determinants. As pension reforms are intrinsically difficult to define and pinpoint, we introduce an alternative measure of pension reforms by comparing long-term forecasts of pension expenditures for seventeen European countries. The...

Persistent link: https://www.econbiz.de/10005051528

Does Membership in International Organizations Increase Governments’ Credibility? Testing the Effects of Delegating Powers

Dreher, Axel; Voigt, Stefan - CESifo - 2008

This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...

Persistent link: https://www.econbiz.de/10005181427

Financial Devlopment, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries?

Omri, Anis; Daly, Saida; Rault, Christophe; Chaibi, Anissa - CESifo - 2015

This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...

Persistent link: https://www.econbiz.de/10011165503

Centralized Fiscal Spending by Supranational Unions

Simon, Jenny; Valasek, Justin Mattias - CESifo - 2013

We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations’ contributions that occurs since bargaining power is endogenous, and...

Persistent link: https://www.econbiz.de/10010877969

Environmental Tax Reform in a Federation with Rent-Induced Migration

Garon, Jean-Denis; Séguin, Charles - CESifo - 2015

We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...

Persistent link: https://www.econbiz.de/10011210783

Government Decentralization as a Disincentive for Transnational Terror? An Empirical Analysis

Dreher, Axel; Fischer, Justina A.V. - CESifo - 2009

Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of transnational terror events in a country, while...

Persistent link: https://www.econbiz.de/10005013064

The Economic Effects of Federalism and Decentralization - A Cross-Country Assessment

Voigt, Stefan; Blume, Lorenz - CESifo - 2009

federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal … component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This …

Persistent link: https://www.econbiz.de/10005013947