Showing 1 - 10 of 597
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
This paper sets up a model of trade, in which two countries with differing levels of technology specialize in the production of sub-stages of the global value chain. In the open economy, the technologically backward country exports intermediates in exchange for imports of a homogeneous...
Persistent link: https://www.econbiz.de/10014240317
This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012823148
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …
Persistent link: https://www.econbiz.de/10012892099
general democracy index for 87 countries shows that a higher degree of direct democracy leads to lower budget deficits and …
Persistent link: https://www.econbiz.de/10013316691
This paper investigates on the demographic, economic, political and cultural determinants of direct democracy in 87 … countries using an index of direct democracy. The test is interesting since there are important variations across these … the estimation technique. Political rights and stability also work as prerequisites to direct democracy. Direct democracy …
Persistent link: https://www.econbiz.de/10013316998
difficulties of particular democracies to function properly confront democracy with a new series of challenges and opportunities … democracy. We survey a long period in the quest for such new forms and point to next inventions for such forms. We suggest to … experiment with new ways for democracy to extend the choice of democratic processes that can be implemented in real …
Persistent link: https://www.econbiz.de/10014240320
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual …-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include … models accounting for several confounders, regional and cohort fixed effects. We document that democracy - or its quality …
Persistent link: https://www.econbiz.de/10013310764
In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy …
Persistent link: https://www.econbiz.de/10012889683
A growing share of modern trade policy instruments is shaped by non-tariff barriers (NTBs). Based on a structural gravity equation and the recently updated Global Trade Alert database, we empirically investigate the effect of NTBs on imports. Our analysis reveals that the implementation of NTBs...
Persistent link: https://www.econbiz.de/10012892167