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Does size matter? : evidence from municipality break-ups

Erlingsson, Gissur Ó.; Klarin, Jonas; Mörk, Eva - 2021

across the globe. This paper estimates how seven voluntary splits of Swedish municipalities affected municipal current costs … norm minimization. Our results do not support the standard view, that smaller municipalities imply higher per capita costs …. Instead, we find an intriguing heterogeneity: costs increase in some municipalities, are unaffected in others and decrease …

Persistent link: https://www.econbiz.de/10012509342

Insecure property rights and growth : the roles of appropriation costs, wealth effects, and heterogeneity

Long, Ngo Van; Sorger, Gerhard - 2004

We extend the model of insecure property rights by Tornell and Velasco (1992) and Tornell and Lane (1999) by adding three features: (i) extracting the common property asset involves a private appropriation cost, (ii) agents derive utility from wealth as well as from consumption, and (iii) agents...

Persistent link: https://www.econbiz.de/10011450350

Pampered bureaucracy, political stability, and trade integration

Stroup, Caleb; Zissimos, Benjamin - 2017

This paper examines the effect of trade integration and comparative advantage on one of a country's institutions, which in turn inuences its economic efficiency. The environment we explore is one in which a country's lower classes may revolt and appropriate wealth owned by a ruling elite. The...

Persistent link: https://www.econbiz.de/10011615513

Oil wealth and property rights

De Soysa, Indra; Krieger, Tim; Meierrieks, Daniel - 2020

We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to different instrumental-variable approaches and...

Persistent link: https://www.econbiz.de/10012219700

Insecure property rights and the missing middle

Grigoryan, Aram; Polborn, Mattias - 2018

We analyze a theoretical model in which entrepreneurs' property rights are threatened by "raiders" who can challenge them to a contest for control of their firms. Entrepreneurs have heterogeneous productivity, and decide how much capital to invest before raiders decide whom to attack. In...

Persistent link: https://www.econbiz.de/10011897580

Mine, Ours or Yours? Unintended Framing Effects in Dictator Games

Bergh, Andreas; Wichardt, Philipp C. - 2018 - This Version: April 16, 2018

This paper reports results from a classroom dictator game comparing the effects of three different sets of standard instructions. The results show that seemingly small differences in instructions induce fundamentally different perceptions regarding entitlement. Behavior is affected accordingly,...

Persistent link: https://www.econbiz.de/10011847573

Deforestation, production intensity and land use under insecure property rights

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - 2004

We propose a framework with endogenous allocation of land between agricultural production, sustainable forest management, and unsustainable forest exploitation in the form of illegal logging to explore deforestation and agricultural and timber supplies when property rights are insecure....

Persistent link: https://www.econbiz.de/10011402690

Institutions and economic growth in historical perspective : part 2

Ogilvie, Sheilagh C.; Carus, A. W. - 2014

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010371915

Institutions and economic growth in historical perspective : part 1

Ogilvie, Sheilagh C.; Carus, A. W. - 2014

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010371916

The effects of land redistribution : evidence from the French Revolution

Finley, Theresa; Franck, Raphaël; Johnson, Noel D. - 2020

This study exploits the confiscation and auctioning off of Church property that occurred during the French Revolution to assess the role played by transaction costs in delaying the reallocation of property rights in the aftermath of fundamental institutional reform. French districts with a...

Persistent link: https://www.econbiz.de/10012299758