Showing 1 - 10 of 26
Coups d'etat continue to be common around the world, often leading to changes in leaders and institutions. We examine the relationship between military spending and coups and find that (i) successful coups increase military spending by more than failed attempts, and (ii) coups are more likely...
Persistent link: https://www.econbiz.de/10009651255
We provide strong evidence that there are significant human resource constraints which limit the scale and, hence, the scope and potential effectiveness of electricity/energy regulatory agencies in developing countries. We summarise the key findings in our earlier Domah, Pollitt and Stern paper...
Persistent link: https://www.econbiz.de/10005207827
Successful electricity industry reform depends on the presence of an appropriately staffed regulatory agency for the liberalised sector. However developing countries can have resource constraints that make the establishment of an effective regulatory agency difficult. This paper attempts an...
Persistent link: https://www.econbiz.de/10005647488
This paper examines how allowing individuals to emigrate to pay lower taxes changes the optimal non-linear income tax scheme in a Mirrleesian economy. Type-dependent participation constraints are borrowed from contract theory. An individual emigrates if his domestic utility is less than his...
Persistent link: https://www.econbiz.de/10005113774
This paper studies the relationship between corruption and sustainable development in a sample of 110 countries between 1996 and 2007. Sustainability is measured by growth in genuine wealth per capita. The empirical analysis consistently finds that cross-national measures of perceived and...
Persistent link: https://www.econbiz.de/10008727347
This paper examines repeated implementation of a social choice function (SCF) with infinitely-lived agents whose preferences are determined randomly in each period. An SCF is repeated-implementable in (Bayesian) Nash equilibrium if there exists a sequence of (possibly history-dependent)...
Persistent link: https://www.econbiz.de/10008558554
We study the e¢ cient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...
Persistent link: https://www.econbiz.de/10008552431
In this paper, we develop an agent-based model of a market game in order to evaluate the effectiveness of the UK government’s 2008-2010 policy on promoting smart metering. We also consider possible supplementary strategies. With the model, we test the effectiveness of four possible strategy...
Persistent link: https://www.econbiz.de/10005783766
Many scholarly articles on corruption give the impression that the world is populated by two types of people: the "sanders" and the "greasers". The "sanders" believe that corruption is an obstacle to development, while the "greasers" believe that corruption can (in some cases) foster...
Persistent link: https://www.econbiz.de/10005783825
This paper presents an argument in favor of foreign lobbying. We show how foreign lobbying can help internalize cross national externalities and promote social objectives.
Persistent link: https://www.econbiz.de/10005489333