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Election Results and Opportunistic Policies: A New Test of the Rational Political Business Cycle Model

Aidt, T.S.; Veiga, F.J.; Veiga, L.G. - Faculty of Economics, University of Cambridge - 2009

The literature on the rational political business cycle suggests that politicians systematically manipulate economic and fiscal conditions before elections to increase their chance of gaining reelection. Most tests of this theory look for evidence of pre- election distortions in fiscal policy....

Persistent link: https://www.econbiz.de/10008528489

The Restructuring and Privatisation of the CEGB: Was It Worth It?

Newbery, D.M.; Pollitt, M.G. - Faculty of Economics, University of Cambridge - 1996

The paper conducts a social cost benefit analysis of the privatisation and restructuring of state-owned Central Electricity Generating Board whichn generated and transmitted all publicly supplied electricity in England and Wales until 1990.

Persistent link: https://www.econbiz.de/10005489346

SOCIAL CORPORATISM AND LONG-TERM ECONOMIC PERFORMANCE.

LANDESMANN, M.; VARTIAINEN, J. - Faculty of Economics, University of Cambridge - 1989

Persistent link: https://www.econbiz.de/10005650518

Learning by Observation within the Firm.

Dutta, J.; Prasad, K. - Faculty of Economics, University of Cambridge - 1993

Persistent link: https://www.econbiz.de/10005478563

Anticipation and Aggrgation of Idiosyncratic Risks.

Donaldson, J.; Dutta, J. - Faculty of Economics, University of Cambridge - 1991

Persistent link: https://www.econbiz.de/10005478565

Can general purpose technology theory explain economic growth? Electrical Power as a case study

Ristuccia, Cristiano Andrea; Solomou, Solomos - Faculty of Economics, University of Cambridge - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010760474

Was Brazil's recent growth acceleration the world's most overrated boom?

Palma, J.G. - Faculty of Economics, University of Cambridge - 2012

economy has been unable to deliver sustainable productivity-growth since the beginning of economic reforms (just a few short …

Persistent link: https://www.econbiz.de/10010699816

Electricity Diffusion and Trend Acceleration in Inter-War Manufacturing Productivity

Ristuccia, C.A.; Solomou, S. - Faculty of Economics, University of Cambridge - 2002

This paper evaluates the link between the diffusion of electricity and the increase in labour productivity growth in … that the trend acceleration in labour productivity is common to all these countries except Germany and is correlated with … electricity diffusion. Germany’s labour productivity growth was nevertheless sustained in 1925 - 1938. The USA saw an earlier …

Persistent link: https://www.econbiz.de/10005783739

General Purpose Technologies and Economic Growth: Electricity Diffusion in the Manufacturing Sector Before WWII

Ristuccia, C.A.; Solomou, S. - Faculty of Economics, University of Cambridge - 2010

proceeds to evaluate the hypotheses of a productivity slowdown and of a productivity bonus as postulated by many existing GPT …

Persistent link: https://www.econbiz.de/10008642853

The Restructuring and Privatisation of Electricity Distribution and Supply Businesses in England and Wales: A Social Cost Benefit Analysis

Domah, P.; Pollitt, M.G. - Faculty of Economics, University of Cambridge - 2000

In December 1990, the twelve regional electricity companies responsible for the distribution and supply of electricity in England and Wales were privatised. For the first few years following privatisation, real prices, profits and costs in the industry rose. Following two price control reviews,...

Persistent link: https://www.econbiz.de/10005113875