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Human Capital: Infrastructural and Superstructural Constraints to Economic Performance across U.S. Native American Reservations and Trust Lands

Amavilah, Voxi Heinrich S - EconWPA - 2004

The current research emphasis on institutions as key determinants of economic performance, rather than on resources and resource productivity, has uncovered important questions for further research. For example, if institutions are central to economic performance, then what explains observed...

Persistent link: https://www.econbiz.de/10005125631

Economic Performance in a Cross-Section of U.S. Native American Economies

Amavilah, Voxi Heinrich S - EconWPA - 2004

Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at addressing a small part of these questions. It...

Persistent link: https://www.econbiz.de/10005125690

Apparent Solow- and Solow-like Technological Residuals and the Economic Performance of U.S. Native American Economies

Amavilah, Voxi Heinrich - EconWPA - 2004

This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...

Persistent link: https://www.econbiz.de/10005118791

Asynchronous Evolution of Pairs - How spatial evolution leads to inequality

Kirchkamp, Oliver - EconWPA - 1995

We present a simple model of spatial evolution that avoids several problems that arise with more complex networks of players. We consider a world where pairs of players are matched forever. These players learn from the whole population but they are more likely to learn to strategies used by...

Persistent link: https://www.econbiz.de/10005118522

The Uneasy Case for the Flat Tax

Buckley, Francis; Rasmusen, Eric - EconWPA - 1999

security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence … plundered themselves in the state of nature. Thus the social contract always leaves subjects worse off, unless Leviathan can … taxes give Leviathan an equity claim in his state's economy, and progressive taxes give him a greater residual interest in …

Persistent link: https://www.econbiz.de/10005076588

Expressive and Instrumental Voting: The Scylla and Charybdis of Constitutional Political Economy

Crampton, Eric; Farrant, Andrew - EconWPA - 2004

Brennan and Hamlin (2002) note that expressive voting still holds at the constitutional phase. The argument, when taken to its necessary conclusion, proves quite problematic for Constitutional Political Economy. Veil mechanisms following Buchanan induce expressive voting at the constitutional...

Persistent link: https://www.econbiz.de/10005076626

Welfare Analysis of the Number and Locations of Local Public Facilities

Berliant, Marcus; Peng, Shin-Kun; Wang, Ping - EconWPA - 2004

We develop a model with a finite number of households and congestable local public goods where the level of provision, the number of facilities and their locations are all endogenously determined. We prove that an equal-treatment identical-provision second-best optimum exists, where all...

Persistent link: https://www.econbiz.de/10005560984

Equilibrium and the Core in Alonso's Discrete Population Model of Land Use

Berliant, Marcus; Raa, Thijs ten - EconWPA - 2004

Conventional wisdom tells us that with no market failure and local non- satiation of preferences, the core is at least as large as the collection of competitive equilibrium allocations. We confirm this for a standard model featuring land. Next we consider the public land ownership version of the...

Persistent link: https://www.econbiz.de/10005560986

Hedonism vs. Nihilism: No Arbitrage and Tests of Urban Economic Models

Berliant, Marcus; McMillen, Daniel P. - EconWPA - 2004

We present two notions of “no arbitrage” in urban economic models and show that there is no model satisfying both. The standard hedonic housing model of urban economics and its generalizations are consistent with the first of these, but inconsistent with the second. We present a model...

Persistent link: https://www.econbiz.de/10005124890

Space in General Equilibrium

Berliant, Marcus; LaFountain, Courtney - EconWPA - 2004

The goal of this essay is to introduce advanced undergraduates to urban general equilibrium theory.

Persistent link: https://www.econbiz.de/10005118992

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