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We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of...
Persistent link: https://www.econbiz.de/10013086983
This paper studies the effect of surveillance cameras on crime in the Stockholm subway. Beginning in 2006, surveillance cameras were installed in the subway stations at different points in time. Difference-in-difference analysis reveals that the introduction of the cameras reduced crime by...
Persistent link: https://www.econbiz.de/10013149000
Der Ausbruch der Coronapandemie 2020 hat die Abhängigkeit der deutschen Wirtschaft von globalen Lieferketten off engelegt. Verzögerungen bei der Zulieferung oder der Ausfall von Vorprodukten infolge eingeschränkter Logistikkapazitäten, geschlossener Grenzen oder einer gestörten Produktion...
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We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel …
Persistent link: https://www.econbiz.de/10013116573
faced and their business environment. The business environment includes physical infrastructure, the availability of an …
Persistent link: https://www.econbiz.de/10013100506
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … the links between infrastructure and growth and the role of public policies, reports the results on the links with growth … from a variety of econometric approaches. Time-series results reveal a positive impact of infrastructure investment on …
Persistent link: https://www.econbiz.de/10012764448
Current trends in the distribution of wealth trigger a social divide and threaten democracy. I propose to counter this evolution by enhancing the role of public capital as a redistribution and empowerment device. The governance of public capital requires two novel institutions: a socially...
Persistent link: https://www.econbiz.de/10012992603
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10013043210