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that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10013129862
diverse individuals lived far apart, have higher-quality government, higher incomes and higher levels of trust …
Persistent link: https://www.econbiz.de/10012930690
around the world, pondering the question whether an abundance of natural resources is a blessing or a curse. Second, an … article discusses the experience of Norway, the world's third largest oil exporter. To date, Norway has appeared to be mostly …
Persistent link: https://www.econbiz.de/10013317038
We study how the shadow economy affects pollution and how this effect depends on corruption levels in public … be accompanied by higher pollution levels. Our theoretical model predicts that controlling the levels of corruption can … levels of pollution are dependent on the levels of corruption. Our results hold when we control for the effects of other …
Persistent link: https://www.econbiz.de/10013092159
. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … intermediaries make portfolio decisions on behalf of agents, and bureaucrats collect tax revenues on behalf of the government …
Persistent link: https://www.econbiz.de/10013316495
We show that political booms, measured by the rise in governments' popularity, predict financial crises above and beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in emerging economies. We show that governments in emerging...
Persistent link: https://www.econbiz.de/10013047326
Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of transnational terror events in a country, while...
Persistent link: https://www.econbiz.de/10013316345
We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...
Persistent link: https://www.econbiz.de/10013317395
Do budget institutions play a role in explaining why government effectiveness is higher in some advanced countries than … budget centralization has a negative and significant effect on government effectiveness in OECD countries after accounting … for a list of control variables such as GDP per capita and government expenditure in addition to country and year fixed …
Persistent link: https://www.econbiz.de/10012965640
This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...
Persistent link: https://www.econbiz.de/10012772030