Showing 1 - 10 of 36
Both theoretical and empirical studies have shown that democracy and corruption have substantial influence on … environmental policy. In this paper, we empirically analyse whether both democracy and corruption are equally important determinants …. When these variables are jointly included as explanatory variables, we find that corruption stands out as an important …
Persistent link: https://www.econbiz.de/10005570316
This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a … political economy model where the effect of democracy on corruption is conditional on income distribution and property rights … equality which shows that corruption is a nonlinear function of these variables. The results indicate that democracy will work …
Persistent link: https://www.econbiz.de/10008828379
Are natural resources a source of conflict or stability? Empirical studies demonstrate that rents from natural resources, and in particular oil, are an important source of civil war. Allegedly, resource rents attract rent seekers, which destabilize society. However, there is a large literature...
Persistent link: https://www.econbiz.de/10008467319
The paper analyzes the welfare properties of voluntary agreements (VA) with polluters, when they are obtained under the legislative threat of an alternative stricter policy option. In the model, the threat is an abatement quota. Both the threat and its probability of implementation are...
Persistent link: https://www.econbiz.de/10005570358
in former European colonies. Where European colonizers settled, they replicated the investment-conducive institutions … the formation of institutions. We find the presence of precious metals, gold and silver, to imply an increase in …
Persistent link: https://www.econbiz.de/10005385335
This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional … highest priority is given to the role of legal and political institutions and second priority to environmental, economic and …
Persistent link: https://www.econbiz.de/10010671479
this paper we frame our starting question within the general debate about the importance of good/bad institutions as … are in fact driven by the presence of growth enhancing institutions. Our empirical analysis exploits newly available … institutions is important for growth. Yet our results strongly suggest that the weight of tourism in an economy is an independent …
Persistent link: https://www.econbiz.de/10008489588
I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions …
Persistent link: https://www.econbiz.de/10004987238
of institutions. In this paper, I consider the case of firm concentration in Italy and its impact on local development. A … large and growing literature has argued in favour of persisting effects of past institutions on current outcomes. Hence, in …
Persistent link: https://www.econbiz.de/10008642141
We analyse whether migration is an adaptation that households employ to cope with climate in Ghana and Nigeria. If … migration is part of the present adaptation portfolio of households in developing countries, it is reasonable to expect that it … generated by General Circulation model reveal that, ceteris paribus, migration may decline in Ghana and in Nigeria. …
Persistent link: https://www.econbiz.de/10011268591