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Performance rating and yardstick competition in social service provision : presented at TAPES Conference on Fiscal Federalism, May 2004
Revelli, Federico - 2004
This paper investigates whether national evaluation of decentralised government performance tends, by lessening local information spill-overs, to reduce the scope for local performance comparisons and consequently to lower the extent of spatial auto-correlation among local government...
Persistent link: https://www.econbiz.de/10011450696
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Migration, local fiscal variables and local economic conditions
Carlsen, Fredrik - 2001
The paper examines the effects of local fiscal variables and local economic conditions on exit decisions of Norwegian households. The study takes advantage of a unique survey data set in which respondents evaluate a range of local amenities and report whether they intend to relocate. We find...
Persistent link: https://www.econbiz.de/10011399727
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How communication makes the difference between a cartel and tacit collusion : a machine learning approach
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2022
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free … cartel formation and indirect attempts to collude tacitly. We document that firms are less likely to communicate explicitly … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013418834
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Yardstick competition, corruption, and electoral incentives
Long, Ngo Van (contributor);  … - 2008
This paper investigates the relationship between electoral incentives, institutions and corruption. We assume that voters use a yardstick criterion. The incumbent provides a public good and extracts rent, which are financed by imposing a distortionary tax. We demonstrate the possibility that...
Persistent link: https://www.econbiz.de/10003730296
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Regulatory risk under optimal incentive regulation
Strausz, Roland - 2009
The paper provides a tractable, analytical framework to study regulatory risk. Regulatory risk is captured by uncertainty about the policy variables in the regulator's objective function: weights attached to profits and costs of public funds. Results are as follows: 1) The regulator's reaction...
Persistent link: https://www.econbiz.de/10003850166
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Incentive regulation, investments and technological change
Vogelsang, Ingo - 2010
Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...
Persistent link: https://www.econbiz.de/10003939937
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Exit and voice : yardstick versus fiscal competition across governments
Bordignon, Massimo (contributor) - 2007
Persistent link: https://www.econbiz.de/10003597974
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Political yardstick competition, economic integration, and constitutional choice in a federation
Bodenstein, Martin; Ursprung, Heinrich W. - 2001
This paper investigates the behavior of rent-seeking politicians in an environment of increasing economic integration. The focus of the paper is on the implications of globalization-induced political yardstick competition for constitutional design with a view to the current discussion in the...
Persistent link: https://www.econbiz.de/10011398918
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Price regulation and parallel imports of pharmaceuticals
Brekke, Kurt R.; Holmås, Tor Helge; Straume, Odd Rune - 2015
theory model where the producer price is subject to bargaining between the brand-name producer and a distributor, we show …
Persistent link: https://www.econbiz.de/10011305382
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Investment size and firm's value under profit sharing regulation
Moretto, Michele; Panteghini, Paolo; Scarpa, Carlo - 2003
In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm s start-up decision relative to a pure price cap...
Persistent link: https://www.econbiz.de/10011509471