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We take a garden-variety instance of distributive politics-- a divide-the-cake stage game -- and explore dynamic extensions in different institutional settings: (i) repeated play of the stage game in a simultaneous-term unicameral legislature; (ii) repeated play in a staggered-term unicameral...
Persistent link: https://www.econbiz.de/10005260158
The paper aims to describe the evolution part of the economy and power to tax in Colombia. It also explains the failure of the government and the problems that have expanded public sector expenditures. Furthermore, we identify the aspects of political economy have influenced the evolution of the...
Persistent link: https://www.econbiz.de/10009652920
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10009220107
Recent research has demonstrated that while government expenditures are countercyclical in most industrialized countries, they tend to be procyclical in developing countries. We develop a dynamic political-economy model to explain this phenomenon. Simulations of the model allow us to...
Persistent link: https://www.econbiz.de/10005836967
We consider a Barro-type endogenous growth model in which the government’s purchases of goods and services enter into the production function. The provision of government services is financed by flat-rate (linear) income or lump-sum taxes. It is assumed that individuals differing in their...
Persistent link: https://www.econbiz.de/10008764721
The world’s most expensive motor fuel (gasoline, diesel and LPG) is sold most likely in the Republic of Turkey. This paper investigates the key issues related to the motor fuel prices in Turkey. First of all, the paper analyses the main reason behind high prices, namely motor fuel taxes in...
Persistent link: https://www.econbiz.de/10011107524
The article examines the ideological and political-economic impact of the strategies of the Danish Prime Ministers Anders Fogh Rasmussen and Lars Løkke Rasmussen as leaders of the liberal/conservative coalition governments 2001-2011.
Persistent link: https://www.econbiz.de/10011108694
The author defines terms and concepts discussed in an Expert Group Meeting on Civil Society Participation in Fiscal Policy held at UN headquarters in New York City. He addresses first the question, What is civil society? The term is used in varied ways by different writers, which makes...
Persistent link: https://www.econbiz.de/10011108970
The incentives of political agents to enforce tax collection are key determinants of the levels of compliance. We study the electoral response to the Ghost Buildings program, a nationwide anti-tax evasion policy in Italy that used innovative monitoring technologies to target buildings hidden...
Persistent link: https://www.econbiz.de/10011109955
Recent literature on Political Budget Cycles has provided appealing evidence that their existence is conditional to country specific characteristics. In this paper we hypothesize that the level of social capital prevailing in a country might be an underlying fundamental reason that might be...
Persistent link: https://www.econbiz.de/10011113690