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State ownership and control in the Czech Republic
Kočenda, Evžen; Hanousek, Jan - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …
Persistent link: https://www.econbiz.de/10003887481
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Activists versus captured regulators
Daubanes, Julien; Rochet, Jean-Charles - 2013
We analyze the consequences of activism in a regulated industry where the regulator has been captured by the industry. Unlike ordinary economic agents, activists are insensitive to monetary incentives. Moreover, they are less well informed than regulators and their actions generate dead-weight...
Persistent link: https://www.econbiz.de/10010199716
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Different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach
Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich; … - 2005
larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …
Persistent link: https://www.econbiz.de/10003204038
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After … defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform … industry-specific SOE reform trends as well as the latest reform developments. Until today, a stable, successful, longterm …
Persistent link: https://www.econbiz.de/10012026451
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Emotions and political unrest
Passarelli, Francesco; Tabellini, Guido Enrico - 2013
This paper formulates a general theory of how political unrest influences public policy. Political unrest is motivated by emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This reaction is predictable because individuals have a...
Persistent link: https://www.econbiz.de/10009722397
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Democracy and development : the devil in the details
Persson, Torsten (contributor);  … - 2006
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political...
Persistent link: https://www.econbiz.de/10003301122
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The role of government in anti-social redistributive activities
Angelopoulos, Konstantinos (contributor);  … - 2005
It is known that anti-social redistributive activities (rent seeking, tax evasion, corruption, violation of property rights, delay of socially beneficial reforms, etc) hurt the macroeconomy. But it is less known what is the role of government size as a determinant of such activities. We use data...
Persistent link: https://www.econbiz.de/10002746122
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Shadow economies around the world : size, causes, and consequences
Schneider, Friedrich; Enste, Dominik - 1999
Using various methods (currency demand, physical input (electricity) method, model approach), which are discussed and criticized, estimates of the size of the shadow economy in 76 developing, transition and OECD-countries are presented. The average size of a shadow economy varies from 12 percent...
Persistent link: https://www.econbiz.de/10009781691
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The impact of economic globalization on the shadow economy in Egypt
Farzanegan, Mohammad Reza; Hassan, Mai - 2017 - This version: 24.03.2017
This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 … to 2013, the impulse response analysis shows that the response of the shadow economy in Egypt to positive shocks in … globalization by reducing the costs of doing business and trade in dealing with sizable shadow economy in Egypt. …
Persistent link: https://www.econbiz.de/10011645904
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Political persistence, connections and economic growth
Bellettini, Giorgio; Berti Ceroni, Carlotta; Prarolo, … - 2009
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10003808628