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this paper we investigate whether an aggregate health production function can help to explain the annual time …-series behavior of U.S. longevity since 1960. We view longevity as the output of the health production function, and output … annual U.S. time-series data on life expectancy, health expenditure, and medical innovation. Reliable annual data are …
Persistent link: https://www.econbiz.de/10011397757
We distinguish between ideational and interest-based appeals to voters on the supply side of politics, and integrate the Keynes-Hayek perspective on the importance of ideas with the Stigler-Becker approach emphasizing vested interests. In our model, political entrepreneurs discover identity and...
Persistent link: https://www.econbiz.de/10012797019
We develop a tax competition model that allows for the setting of both an origin-based and a destination-based commodity tax rate in the presence of avoidance and evasion. In the presence of evasion, jurisdictions will give cross-border shoppers tax preferential treatment, thus not fully...
Persistent link: https://www.econbiz.de/10011933901
This paper describes the role of government ideology on economic policy-making in the United States. I consider studies using data for the national, state and local level and elaborate on checks and balances, especially divided government, measurement of government ideology and empirical...
Persistent link: https://www.econbiz.de/10011646733
Higher economic growth was generated during Democratic presidencies compared to Republican presidencies in the United States. The question is why. Blinder and Watson (2016) explain that the Democratic-Republican presidential growth gap (D-R growth gap) can hardly be attributed to the policies...
Persistent link: https://www.econbiz.de/10011663552
We study the consequences of franchise extension and ballot reform for the size of government in Western Europe between 1820 and 1913. We find that franchise extension exhibits a U-shaped association with revenue per capita and a positive association with spending per capita. Instrumental...
Persistent link: https://www.econbiz.de/10009709428
Theory and evidence suggest that in an environment of well-anchored expectations, temporary news or shocks to economic variables, should not affect agents ́expectations of inflation in the long term. Our estimated structural VARs show that both long- and short-term inflation expectations are...
Persistent link: https://www.econbiz.de/10009764421
mental and physical health of the population creates psychological stress. Focusing on the bellwether indicators of economic … the deterioration of mental health, by the propensity to relieve the pain through the use of illicit drugs, by deaths of …
Persistent link: https://www.econbiz.de/10013383434
In this paper we investigate the effect of Donald Trump's campaign for coal in his successful race for the White House in 2016. Using a spatial Durbin model we estimate the effect of coal production on the Republicans vote share in the US Presidential Election of 2016 on the county level. To...
Persistent link: https://www.econbiz.de/10013266083
When traditional methods for measuring economic welfare are scarce or unreliable, heights and BMIs are now well accepted measurements that represent biological conditions during economic development. Weight, after controlling for height, is an alternative measure to BMI for current net...
Persistent link: https://www.econbiz.de/10011374201