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This is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Most of the results of the former intra-country studies could be confirmed. On the basis of some 30 countries, a higher degree of direct democracy leads to lower total...
Persistent link: https://www.econbiz.de/10005086888
Empirical research on the determinants of corruption has made substantial progress over the last decade. To date, the consequences of different structures of the legal enforcement institutions have only played a marginal role. This contribution deals both with the determinants of corruption...
Persistent link: https://www.econbiz.de/10005579580
This paper explores the conditions under which compliance with a social contract establishes an equilibrium in a society. It is assumed that society consists of two groups, one of which has a comparative advantage in using violence, whereas the other one has a comparative advantage in producing...
Persistent link: https://www.econbiz.de/10005246193