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Privatisation and Institutions: A Cross Country Analysis

Bortolotti, Bernardo; Siniscalco, Domenico; Fantini, … - CESifo - 2000

Privatisation, i.e. the transfer of ownership and control of state-owned enterprises, is a worldwide phenomenon. Which political, economic and institutional factors are shaping this process? This paper addresses the issue presenting new evidence from a sample of 49 countries. From an empirical...

Persistent link: https://www.econbiz.de/10005765761

Elections, Fiscal Policy and Growth: Revisiting the Mechanism

Economides, George; Philippopoulos, Apostolis; Price, Simon - CESifo - 2002

This short paper reconsiders the popular result that the lower the probability of getting reelected, the stronger the incumbent politicians’ incentive to follow short-sighted, inefficient policies. The set-up is a general equilibrium model of endogenous growth and optimal fiscal policy, in...

Persistent link: https://www.econbiz.de/10005765948

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

Persson, Torsten; Tabellini, Guido - CESifo - 2001

We investigate the effect of electoral rules and political regimes on fiscal policy outcomes in a panel of 61 democracies from 1960 and 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/10005405877

Bureaucrats or Politicians?

Alesina, Alberto; Tabellini, Guido - CESifo - 2004

Persistent link: https://www.econbiz.de/10005405896

Do Social Policies Harm Employment and Growth?

Ploeg, Frederick Van der - CESifo - 2003

In economies with competitive labour markets social policies harm employment and output. In Europe, in particular, non-competitive labour markets with trade unions, efficiency wages and/or costly search and mismatch seem more realistic. Social policies such as progressive taxation or...

Persistent link: https://www.econbiz.de/10005406257

State Visits and International Trade

Nitsch, Volker - CESifo - 2005

Politicians travel extensively abroad, for various reasons. One purpose of external visits is to improve bilateral 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...

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

Walk the Line: Conflict, State Capacity and the Political Dynamics of Reform

Jain, Sanjay; Majumdar, Sumon; Mukand, Sharun - CESifo - 2014

This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform’s initial success having a negative impact...

Persistent link: https://www.econbiz.de/10010743449

Competition for Viewers and Advertisers in a TV Oligopoly

Kind, Hans Jarle; Nilssen, Tore; Sørgard, Lars - CESifo - 2006

We consider a model of a TV oligopoly where TV channels transmit advertising and viewers dislike such commercials. We … substitutes, there will be underprovision of advertising relative to social optimum. We also find that the more viewers dislike … ads, the more likely it is that welfare is increasing in the number of advertising financed TV channels. A publicly owned …

Persistent link: https://www.econbiz.de/10005766150

Platform Intermediation in a Market for Differentiated Products

Galeotti, Andrea; Gonzales, José Luis Moraga - CESifo - 2008

We study a two-sided market where a platform attracts firms selling differentiated products and buyers interested in those products. In the unique subgame perfect equilibrium of the game, the platform fully internalizes the network externalities present in the market and firms and consumers all...

Persistent link: https://www.econbiz.de/10005181272

Spilling Over and Crowding Out: The Effects of Public Sector/Private Sector Convergence and Competition, in the Provision of Public Goods

Barrowclough, Diana - CESifo - 2001

becomes lessdistinctive; and or it introduces advertising.These are timely issues, given the extent to which public … broadcasters are increasingly criticised forseeking popularity, losing distinctiveness, and in many cases, introducing advertising … parallels to other sectors where services are also offered free at the point of access, butfinanced by advertising. The most …

Persistent link: https://www.econbiz.de/10005181355