Showing 1 - 10 of 43
China has shifted control over resources and decision making to local governments and enterprises as the result of the economic reforms over the past three decades. This devolution of decision-making to local levels and enterprises has placed environmental stewardship in the hands of local...
Persistent link: https://www.econbiz.de/10009002683
Natural resources are generally associated to negative effects on the political environment of a country. This paper explores the impact that oil revenues have on the establishment of a given political system. Based on previous literature, a political economy perspective is employed. A simple...
Persistent link: https://www.econbiz.de/10010541202
The aim of this paper is to provide an assessment of the potential for resource curse in the renewable energy sector. Taking a political economy approach, we analyze the link between public support schemes for renewable energy and the potential scope for rent seeking and corruption. The insights...
Persistent link: https://www.econbiz.de/10009320990
Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have done remarkably well, others such as the Latin American...
Persistent link: https://www.econbiz.de/10009320995
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 protection. Our empirical analysis with...
Persistent link: https://www.econbiz.de/10008828379
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...
Persistent link: https://www.econbiz.de/10010904923
-take-all election. Investments in the two public goods create a linkage across periods and parties have different specialities. We show …
Persistent link: https://www.econbiz.de/10005385348
We consider the class of proper monotonic simple games and study coalition formation when an exogenous share vector and a solution concept are combined to guide the distribution of coalitional worth. Using a multiplicative composite solution, we induce players' preferences over coalitions in a...
Persistent link: https://www.econbiz.de/10005385389
predicts, right wing executives with re-election concerns design privatization to spread share ownership among domestic voters. …
Persistent link: https://www.econbiz.de/10005385457
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10005385474