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Institutions and Economic Growth in Historical Perspective: Part 1
Ogilvie, Sheilagh; Carus, A. W. - CESifo - 2014
This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...
Persistent link: https://www.econbiz.de/10010877698
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Institutions and Economic Growth in Historical Perspective: Part 2
Ogilvie, Sheilagh; Carus, A. W. - CESifo - 2014
This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...
Persistent link: https://www.econbiz.de/10010877727
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Size and Development of Tax Evasion in 38 OECD Countries: What do we (not) know?
Bühn, Andreas; Schneider, Friedrich - CESifo - 2012
For the first time we develop a time series of tax evasion (in % of official GDP) for 38 OECD countries over the period 1999 to 2010 based on MIMIC model estimations of the shadow economy. Considering indirect taxation and self-employment as the driving forces of tax evasion, we observe a...
Persistent link: https://www.econbiz.de/10010877780
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Beyond the Veil of Ignorance: The Influence of Direct Democracy on the Shadow Economy
Schneider, Friedrich; Teobaldelli, Désirée - CESifo - 2012
In this paper we analyze the influence of direct democratic institutions on the size and development of the shadow economies. The framework developed predicts a negative relationship between the degree of direct democracy and the size of the shadow economy. Countries where direct democratic...
Persistent link: https://www.econbiz.de/10009651856
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Product Quality, Informality, and Child Labour
Fotoniata, Eugenia; Moutos, Thomas - CESifo - 2011
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10009224869
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Decentralization and the Shadow Economy: Oates Meets Allingham-Sandmo
Bühn, Andreas; Lessmann, Christian; Markwardt, Gunther - CESifo - 2011
This paper studies the impact of decentralization on the shadow economy. We argue that decentralization may decrease the size of the shadow economy mainly through two transmission channels: (1) Decentralization enhancing public sector efficiency (efficiency effect), and (2) decentralization...
Persistent link: https://www.econbiz.de/10009278126
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The Political Competition-Economic Performance Puzzle: Evidence from the OECD Countries and the Italian Regions
Padovano, Fabio; Ricciuti, Roberto - CESifo - 2008
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10005765637
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Contract Enforcement, Institutions and Social Capital: the Maghribi Traders Reappraised
Edwards, Jeremy; Ogilvie, Sheilagh - CESifo - 2008
Economists draw important lessons for modern development from the medieval Maghribi traders who, according to Greif, enforced contracts multilaterally through a closed, private-order ‘coalition’. We show that this view is untenable. The Maghribis used formal legal mechanisms and entered...
Persistent link: https://www.econbiz.de/10005766208
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The Economics of Terrorism and Counter-Terrorism: A Survey (Part I)
Schneider, Friedrich; Brück, Tilman; Meierrieks, Daniel - CESifo - 2010
survey presents the existing knowledge on the interrelation between the economy and the issue of security and it incorporates … analysis the level of knowledge about the causal chains between security and the economy. Also it focuses on perspective and …). It also assembles the knowledge on the impact of terrorism on the economy as reflected in macro-economic variables and …
Persistent link: https://www.econbiz.de/10008533989
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The Economics of Terrorism and Counter-Terrorism: A Survey (Part II)
Schneider, Friedrich; Brück, Tilman; Meierrieks, Daniel - CESifo - 2010
survey presents the existing knowledge on the interrelation between the economy and the issue of security and it incorporates … analysis the level of knowledge about the causal chains between security and the economy. Also it focuses on perspective and …). It also assembles the knowledge on the impact of terrorism on the economy as reflected in macro-economic variables and …
Persistent link: https://www.econbiz.de/10008534044