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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023
empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … estimate the effect of decentralization on public sector efficiency and how extreme natural disasters mediate this relationship …. The sample covers 36 OECD countries between 2006 and 2019. Our results show that tax revenue decentralization decreases …
Persistent link: https://www.econbiz.de/10014356487
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Government decentralization as a disincentive for transnational terror? : an empirical analysis
Dreher, Axel; Fischer, Justina A. V. - 2009
decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of … control variables and method of estimation. -- Terrorism ; decentralization ; federalism ; governance quality ; government …
Persistent link: https://www.econbiz.de/10003866216
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Do middle classes bring institutional reforms?
Loayza, Norman; Rigolini, Jamele; Llorente, Gonzalo - 2012
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10009535062
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The rise of China's global middle class in international perspective
Sicular, Terry; Yang, Xiuna; Gustafsson, Björn - 2021
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective. China's global middle class has grown rapidly and has...
Persistent link: https://www.econbiz.de/10012588683
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Inequality of opportunity and economic growth : a cross-country analysis
Ferreira, Francisco H. G.; Lakner, Christoph; Ana Lugo, … - 2014
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
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Euroskepticism in the crisis : more mood than economy
Ritzen, Jozef M. M.; Zimmermann, Klaus F.; Wehner, Caroline - 2014
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010252653
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Does wealth inequality matter for growth? : the effect of billionaire wealth, income distribution, and poverty
Bagchi, Sutirtha; Švejnar, Jan - 2013
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...
Persistent link: https://www.econbiz.de/10010211159
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Education, income and happiness : panel evidence for the UK
FitzRoy, Felix R.; Nolan, Michael A. - 2017
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...
Persistent link: https://www.econbiz.de/10011770417
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Structural reforms, growth and inequality : an overview of theory, measurement and evidence
Campos, Nauro; De Grauwe, Paul; Ji, Yuemei - 2017
This chapter provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between...
Persistent link: https://www.econbiz.de/10011763836
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The great happiness moderation
Clark, Andrew E.; Flèche, Sarah; Senik-Leygonie, Claudia - 2012
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10009575162