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Privatisation and Public Ownership in Finland

Willner, Johan - CESifo - 2003

Finland’s state-enterprise sector has been larger than in most countries and included several manufacturing companies … revenues and achieving industrial restructuring. But the state-owned companies have also been fairly successful, so there is no …

Persistent link: https://www.econbiz.de/10005405945

The (Economic) Effects of Lay Participation in Courts – A Cross-Country Analysis

Voigt, Stefan - CESifo - 2008

Legal philosophers like Montesquieu, Hegel and Tocqueville have argued that lay participation in judicial decision-making would have benefits reaching far beyond the realm of the legal system narrowly understood. From an economic point of view, lay participation in judicial decision-making can...

Persistent link: https://www.econbiz.de/10005094207

Does Public Governance always Matter? How Experience of Poor Institutional Quality Influences FDI to the South

Darby, Julia; Desbordes, Rodolphe; Wooton, Ian - CESifo - 2010

This paper investigates whether the higher prevalence of South multinational enterprises (MNEs) in risky developing countries may be explained by the experience that they have acquired of poor institutional quality at home. We confirm the intuition provided by our analytical model by empirically...

Persistent link: https://www.econbiz.de/10008833879

Why does Environmental Policy in Representative Democracies Tend to be Inadequate? A Preliminary Public Choice Analysis

Kollmann, Andrea; Schneider, Friedrich - CESifo - 2010

There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...

Persistent link: https://www.econbiz.de/10008727290

Political Competition, Tax Salience and Accountability: Theory and Some Evidence from Italy

Bracco, Emanuele; Porcelli, Francesco; Redoano, Michela - CESifo - 2013

This paper argues that high political competition does not necessarily induce policy makers to perform better as previous research has shown. We develop a political economy model and we show that when political competition is tight, and elected politicians can rely on more tax instruments, they...

Persistent link: https://www.econbiz.de/10010877811

The Market for Protection and the Origin of the State

Konrad, Kai A.; Skaperdas, Stergios - CESifo - 2005

low as, or even lower than, in the absence of the state. …

Persistent link: https://www.econbiz.de/10005765642

Comparative Venture Capital Governance. Private versus Labour Sponsored Venture Capital Funds

Cumming, Douglas J.; MacIntosh, Jeffrey G. - CESifo - 2003

Private independent limited partnership venture capital funds receive capital from institutional investors, without tax incentives. Limited partnership investment activities are governed by restrictive covenants that are determined by negotiated contract between the fund managers (general...

Persistent link: https://www.econbiz.de/10005406303

State Visits and International Trade

Nitsch, Volker - CESifo - 2005

economic relations. In this paper, I examine the effect of state visits on international trade. I use a large data set covering … the travel activities of the heads of state of France, Germany and the United States between 1948 and 2003. My results … indicate that state and official visits are indeed positively correlated with exports. A typical visit is associated with …

Persistent link: https://www.econbiz.de/10005406336

Leaders as Role Models for the Voluntary Provision of Public Goods

Gaechter, Simon; Renner, Elke - CESifo - 2014

We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people’s behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...

Persistent link: https://www.econbiz.de/10010948862

Public Policy for Venture Capital

Keuschnigg, Christian; Nielsen, Søren Bo - CESifo - 2001

This paper proposes a simple partial equilibrium model to investigate the effects of government policy on venture … measures addressed at venture capital activity: government spending on entrepreneurial training, subsidies to equipment …-effective government services can improve welfare. …

Persistent link: https://www.econbiz.de/10005765815