Showing 1 - 10 of 17
This paper studies the design of law-making and law enforcement institutions based on the premise that law is inherently incomplete. Under incomplete law, law enforcement by courts may suffer from deterrence failure, defined as the socialwelfare loss that results from the regime's inability to...
Persistent link: https://www.econbiz.de/10010746149
This article introduces our project on the relationship between railways and real income levels across European regions between 1870 and 1910. While similar relationships have been analysed for the USA, India and individual European countries, our project is the first to take a pan-European...
Persistent link: https://www.econbiz.de/10011126372
In this paper we implement a powerful empirical approach than has not previously been applied to rail transport evaluation to ascertain how much consumers value rail access. We study the effects on house prices of a transport innovation that altered the distance to the nearest station for some...
Persistent link: https://www.econbiz.de/10010745709
We investigate the causal relationship between judicial efficiency and firm size across Italian municipalities, exploiting spatial discontinuities in tribunals' jurisdiction for identification. Results show that halving the length of civil proceedings, average firm size would increase by around...
Persistent link: https://www.econbiz.de/10011125883
The 2004 Presidential Election in Mozambique was marred by allegations of fraud. We assess the validity of these allegations by testing whether or not qualitative descriptions of the methods and locations of misconduct are consistent with a series of simple quantitative tests. Most studies of...
Persistent link: https://www.econbiz.de/10010745221
Abstract Commentators on the `East Asian Miracle' of inclusive growth have often pointed toward shared rural growth policies. But why were these policies not chosen elsewhere? This paper models voters who invest in either subsistence or a complex technology in which public goods complement...
Persistent link: https://www.econbiz.de/10011126587
We consider the influence that mobile pupils have on the academic achievements of other pupils in English primary schools. We find that immobile pupils in year-groups (à la US “grades”) that experience high pupil entry rates progress less well academically between ages 8 and 11 than pupils...
Persistent link: https://www.econbiz.de/10011071223
This paper analyzes the role of public and private responsibility in the provision of public goods. We emphasize that a typical public good will require many different inputs which raises the possibility of partnerships to exploit comparative advantages of different parties. But hold-up problems...
Persistent link: https://www.econbiz.de/10011071469
There has been a growing literature in both the US (for example Haurin and Brasington 1996, and Black 1999) and the UK (for example Gibbons & Machin, 2003) that estimates the way in which school quality is capitalised into house prices. Cheshire and Sheppard 1995 and 1999 estimated hedonic...
Persistent link: https://www.econbiz.de/10010928693
We introduce the papers in this volume and put them into the context of the literature on land use regulation. We then synthesise and draw some conclusions from existing research on land use regulation and interpret the evidence currently available. In the light of this review we then identify...
Persistent link: https://www.econbiz.de/10010745368