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Using a panel of 97 mostly developing and transitional countries for the period 1990-2011, this paper explores fiscal implications of membership in the World Trade Organization (WTO). Em-ploying robust difference-in-difference specifications as well as semi-parametric methods, we find that...
Persistent link: https://www.econbiz.de/10011522137
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small …
Persistent link: https://www.econbiz.de/10012287974
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
We present a theory to explain government procrastination as a consequence of its present-bias resulting from the political uncertainty in a two-party political system. We show that under a two-party political system the party in office tends to be present-biased. This may lead to inefficient...
Persistent link: https://www.econbiz.de/10009412378
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Conventional wisdom has it that policy innovation is better promoted in a federal rather than in a unitary system. Recent research, however, has provided theoretical evidence to the contrary: a multi-jurisdictional system is characterized - due to the existence of a horizontal information...
Persistent link: https://www.econbiz.de/10003203360
Can digital information and communication technology (ICT) foster mass political mobilization? We use a novel geo-referenced dataset for the entire African continent between 1998 and 2012 on the coverage of mobile phone signal together with georeferenced data from multiple sources on the...
Persistent link: https://www.econbiz.de/10011476010
This paper discusses political and economic aspects of Turkish accession. Under present rules, Turkey would have the greatest number of council votes within twenty years, and receive the largest budget transfer. Free migration may increase the Turkish immigrant population in Germany from 2 to...
Persistent link: https://www.econbiz.de/10011506471