Showing 1 - 10 of 83
what the conjectured waning of political parties may imply for the effectiveness of elections in disciplining politicians …
Persistent link: https://www.econbiz.de/10010684816
Fiscal decentralization is high on the agenda in policy fora. This paper empirically investigates the underlying causes … of fiscal decentralization, based on the predictions of a simple political economy model. We argue that the likeliness … that a central government engages in devolution of powers depends in important ways on the political forces that it faces …
Persistent link: https://www.econbiz.de/10009283226
This paper examines the consequences of slow judiciaries on firms' contracting behaviour in India. After deriving testable implications from a game theoretical model, I examine how case pendency rates in India's state courts affect the contracting behaviour of 170,000 small non-agricultural...
Persistent link: https://www.econbiz.de/10005015318
This paper investigates the impact of judiciaries on firms' contracting behaviour and economic performance. In 2002, the Code of Civil Procedure Amendment Act was enacted in India to facilitate speedy disposal of civil suits. Some State High Courts hal already enacted some of the amendments...
Persistent link: https://www.econbiz.de/10005015327
This paper analyses the dynamic problem faced by a monopolist …rm that produces a durable good (in the primary market) and also participates in the market for complementary goods and services (the aftermarket). Considering the possibility of network effects in both markets, we investigate the...
Persistent link: https://www.econbiz.de/10010927915
In a social network, agents have their own reference group that may influence their behavior. In turn, the agents' attributes and their behavior affect the formation and the structure of the social network. We survey the econometric literature on both aspects of social networks and discuss the...
Persistent link: https://www.econbiz.de/10005015238
We provide new results regarding the identification of peer effects. We consider an extended version of the linear-in-means model where each individual has his own specific reference group. Interactions are thus structured through a social network. We assume that correlated unobservables are...
Persistent link: https://www.econbiz.de/10005015298
I analyze monopoly pricing and quality decisions under network effects. High quality premium and low quality punishment are found to depend on how the impact of marginal costs on quality relates to the intensity of the network effect and the optimism of the producer about final demand. More...
Persistent link: https://www.econbiz.de/10009651231
This paper provides an analysis of screening contracts in a complete but imperfect information environment as opposed …
Persistent link: https://www.econbiz.de/10005796018
We study the impact of transfer pricing rules on sales prices, firms’ organizational structure, and consumers’ utility within a two-country monopolistic competition model featuring source-based profit taxes that differ across countries. Firms can either become multinationals, i.e., they...
Persistent link: https://www.econbiz.de/10008477211