Showing 1 - 10 of 93
or internal to the state? When are large states associated with higher income levels and growth rates than small states …
Persistent link: https://www.econbiz.de/10010884656
Disadvantaged groups tend also to constitute population minorities. One consequence of this is that the policies implemented by electorally accountable governments often fail to reflect minority interests. A policy solution is to enhance the political power of minority groups as a vehicle for...
Persistent link: https://www.econbiz.de/10010928746
One of the key goals of political economy is to understand how institutional arrangements shape policy outcomes. This paper studies a comparatively neglected aspect of this - the forces that shape heterogeneous performance of autocracies. The paper develops a simple theoretical model of...
Persistent link: https://www.econbiz.de/10010884658
This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10010884745
between marketization and democracy. The first is more direct, stemming from the fact of both systems sharing certain values … and attitudes in common. But there is also a second more indirect chain from marketization to democracy, which is … predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and …
Persistent link: https://www.econbiz.de/10011126279
Governments frequently intervene to support domestic industries, but a surprising amount of this support goes to ailing sectors. We explain this with a lobbying model that allows for entry and sunk costs. Specifically, policy is influenced by pressure groups that incur lobbying expenses to...
Persistent link: https://www.econbiz.de/10010884692
This paper exploits data on the pattern of violence across regions and over time to estimate the impact of the peace process in Northern Ireland on house prices. We begin with a linear model that estimates the average treatment effect of a conflictrelated killing on house prices - showing a...
Persistent link: https://www.econbiz.de/10010746053
This paper explores the impact of trade on growth when firms are heterogeneous. We find that greater openness produces … anti-and pro-growth effects. The Melitz-model selection effects raises the expected cost of introducing a new variety and … this tends to slow the rate of new-variety introduction and hence growth. The pro-growth effect stems from the impact that …
Persistent link: https://www.econbiz.de/10010746195
democracy can be combined. Ever since the publication of Esping-Andersen’s Three Worlds of Welfare Capitalism in 1990, the … different question for the political economy of welfare, namely how capitalism and democracy can be kept distinct. …
Persistent link: https://www.econbiz.de/10010746273
Formal analysis of the political economy of trade policy was substantially redirected by the appearance of Gene Grossman and Elhanan Helpman’s 1994 paper, “Protection for Sale”. Before that article a fairly wide range of approaches were favoured by various authors on various issues, but...
Persistent link: https://www.econbiz.de/10011071115