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Do oil windfalls improve living standards?: evidence from Brazil
Caselli, Francesco; Michaels, Guy - London School of Economics (LSE) - 2013
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls on government behavior. Oil-rich municipalities experience increases in revenues and report corresponding increases in spending on public goods and services. However, survey data and...
Persistent link: https://www.econbiz.de/10011125909
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Carbon taxes, path dependency and directed technical change: evidence from the auto industry
Aghion, Philippe; Dechezlepretre, Antoine; Hemous, David; … - London School of Economics (LSE) - 2012
innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10011071158
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The unequal effects of liberalization: evidence from dismantling the License Raj in India
Aghion, Philippe; Burgess, Robin; Redding, Stephen; … - London School of Economics (LSE) - 2006
This paper investigates whether the effects, on registered manufacturing out-put, employment, entry and investment, of dismantling the ‘license raj’ - a system of central controls regulating entry and production activity in this sector - vary across Indian states with different labor market...
Persistent link: https://www.econbiz.de/10010746413
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Specialization and regional economic development
Kemeny, Thomas; Storper, Michael - London School of Economics (LSE) - 2012
Debates about urban growth and change often center on specialization.However, arguments linking specialization to metropolitan economic development contain diverse, and sometimes conflicting, claims. Is it better to be highly specialized or diversified? Does specialization refer to the absolute...
Persistent link: https://www.econbiz.de/10011126149
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Money for nothing: how firms have financed R&D-projects since the industrial revolution
Bakker, Gerben - London School of Economics (LSE) - 2013
We investigate the long-run historical pattern of R&D-outlays by reviewing aggregate growth rates and historical cases of particular R&D projects, following the historical-institutional approach of Chandler (1962), North (1981) and Williamson (1985). We find that even the earliest R&D-projects...
Persistent link: https://www.econbiz.de/10011126334
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Respect
Manning, Alan - London School of Economics (LSE) - 2007
Becker (1974) introduced to modern economics the idea that others care about what others think about them and derived many useful insights from this assumption. But he did not provide a very complete description of the general equilibrium of an economy in which people both demand respect from...
Persistent link: https://www.econbiz.de/10010744827
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A general method for valuing non-market goods using wellbeing data: three-stage wellbeing valuation
Fujiwara, Daniel - London School of Economics (LSE) - 2013
Subjective wellbeing data is becoming increasingly popular in economics research. The wellbeing valuation approach uses wellbeing data instead of data gleaned from preferences to attach monetary values to non-market goods. This method could be an important alternative to preference-based...
Persistent link: https://www.econbiz.de/10010744987
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Famine, suicide and photovoltaics: narratives from the Greek crisis
Knight, Daniel M. - London School of Economics (LSE) - 2013
The Greek crisis has become the most eminent example of neoliberal economic meltdown over the past five years. In towns across Greece people try to come to terms with drastic changes in their everyday lives and grapple with the the complex mixture of politics, economy, history and culture that...
Persistent link: https://www.econbiz.de/10010745036
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Lags and leads in life satisfaction: a test of the baseline hypothesis
Clark, Andrew E.; Diener, Ed; Georgellis, Yannis; … - London School of Economics (LSE) - 2007
We look for evidence of habituation in twenty waves of German panel data: do individuals, after life and labour market events, tend to return to some baseline level of well-being? Although the strongest life satisfaction effect is often at the time of the event, we find significant lag and lead...
Persistent link: https://www.econbiz.de/10010745154
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The objective benefits of subjective well-being
De Neve, Jan-Emmanuel; Diener, Ed; Tay, Louis; Xuereb, Cody - London School of Economics (LSE) - 2013
The aim of this paper is to survey the 'hard' evidence on the effects of subjective well-being. In doing so, we complement the evidence on the determinants of well-being by showing that human well-being also affects outcomes of interest such as health, income, and social behaviour. Generally, we...
Persistent link: https://www.econbiz.de/10010745197