Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10003712517
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10003872219
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO. The instruments used include export taxes, price...
Persistent link: https://www.econbiz.de/10009518238
This paper provides an introduction into the estimation of Marginal Treatment Effects (MTE). Compared to the existing … econometric techniques who would like to use MTE estimation. Our framework of analysis is a generalized Roy model based on the … IV estimation with a discrete instrument resulting in a local average treatment effect (LATE). Turning to IV estimation …
Persistent link: https://www.econbiz.de/10011499992
producer behaviour, public policy, as well as terrorist responses to these policies. Finally a European perspective on the …
Persistent link: https://www.econbiz.de/10003956021
producer behaviour, public policy, as well as terrorist responses to these policies. Finally a European perspective on the …
Persistent link: https://www.econbiz.de/10003956028
. -- testing and estimation of neoclassical trade theory … data. Three lessons stand out. First, competitive and new trade theory models are complementary rather than competing ways … for structural estimation regarding the pattern of international specialization. Third, empirical confirmations of the …
Persistent link: https://www.econbiz.de/10008732327
The 2008 Nobel prize for economics was awarded to Paul Krugman for three papers - Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present - a summary of - the papers using a unified framework. Central in the discussion is the...
Persistent link: https://www.econbiz.de/10003806736
Political Economy and Public Choice have studied the interactions between the economy and the polity for over 60 years now. The present paper endeavours to provide a critical discussion of this literature and its achievements. In particular, it starts with the different approaches based on...
Persistent link: https://www.econbiz.de/10009412374
of democracies in unitary and federal states are investigated. The dynamics of public choice are considered in the theory …
Persistent link: https://www.econbiz.de/10009702887