Showing 1 - 10 of 296
We examine the impact of political turnover on economic performance in a setting of largely unanticipated political change and profoundly weak institutions: the 2004 Orange Revolution in Ukraine. Exploiting census-type panel data on over 7,000 manufacturing enterprises, we find that the...
Persistent link: https://www.econbiz.de/10010959672
We exploit a discontinuity in Brazilian municipal election rules to investigate whether political competition has a causal impact on policy choices. In municipalities with less than 200,000 voters mayors are elected with a plurality of the vote. In municipalities with more than 200,000 voters a...
Persistent link: https://www.econbiz.de/10008497585
We compare single round vs runoff elections under plurality rule, allowing for partly endogenous party formation. Under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility are smaller, because the...
Persistent link: https://www.econbiz.de/10010688397
This paper analyzes the occurrence of political budget cycles in 604 West German cities between 1975 and 2007. Due to the idiosyncratic timing of state and local elections, the budgetary changes before elections at two tiers of the federalist government can be separately estimated and can also...
Persistent link: https://www.econbiz.de/10011156469
We document that trust in public institutions – and particularly trust in banks, business and government – has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...
Persistent link: https://www.econbiz.de/10008868129
in Albania. Although parents' migration usually benefits children economically, the lack of parental care may cause … –mainly by fathers – is very relevant in Albania where migration has represented the only viable way to cope with increasing … poverty and the absence of public resources for sustaining households’ incomes. Between 1990 and 2005 in Albania 21.7% of …
Persistent link: https://www.econbiz.de/10008536010
' access to electricity in Lebanon. Using quantitative and qualitative methods we find that political connections significantly … entrepreneurs engage in bribery, and who obtain government contracts alleviate electricity problems and perform better. …
Persistent link: https://www.econbiz.de/10010884305
Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of Poland’s economy has been outstanding if we take GDP growth as our measure. It is not specific reforms that can explain this performance but the radical (“big bang”) reforms...
Persistent link: https://www.econbiz.de/10010544320
This paper provides an illustration of the changing tolerance for inequality in a context of radical political and economic transformation and rapid economic growth. We focus on the Polish transition experience, and explore individuals' self-reported attitudes. Using unusually long and frequent...
Persistent link: https://www.econbiz.de/10005761970
Although the development of a new private sector is generally considered crucial to economic transition, there has been rather little empirical research on the determinants of startup firm growth. This paper uses panel data techniques to analyze a survey of 297 new small enterprises in Romania...
Persistent link: https://www.econbiz.de/10005762176