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Doing more for less? : new evidence on lobbying and government contracts

Agca, Senay; Igan, Deniz; Li, Fuhong; Mishra, Prachi - 2019

Why do firms lobby? This paper exploits the unanticipated sequestration of federal budget accounts in March 2013 that reduced the availability of government funds disbursed through procurement contracts to shed light on this question. Following this event, firms with little or no prior exposure...

Persistent link: https://www.econbiz.de/10012103562

Lessons from two public sector reforms in Italy

Belhocine, Nazim; Jirasavetakul, La-Bhus Fah - 2020

The reform of the Italian public administration has been a priority for at least two decades, with several major initiatives undertaken toward modernization and simplification. Notwithstanding laudable intentions, however, progress remains limited. This analysis is a case study of two reforms...

Persistent link: https://www.econbiz.de/10012177638

Can government demand stimulate private investment? : evidence from U.S. federal procurement

Hebous, Shafik; Zimmermann, Tom - 2016

We study the effects of federal purchases on firms' investment using a novel panel dataset that combines federal procurement contracts in the United States with key financial firm-level information. We find that 1 dollar of federal spending increases firms' capital investment by 7 to 11 cents....

Persistent link: https://www.econbiz.de/10011705453

Cyclical Effects of the Composition of Government Purchases

Aziz, Jahangir - 1997

This paper constructs a general equilibrium model with monopolistically competitive firms and endogenous markups where government spending consists of both consumption and investment goods. It is shown that when markups are countercyclical, increases in the share of investment goods in aggregate...

Persistent link: https://www.econbiz.de/10014400420

The Micro Basis of Budget System Reform : The Case of Transitional Economies

Diamond, Jack - 2002

In reviewing the means to strengthen public expenditure management (PEM) systems, there has been increased emphasis on the micro basis of broader budget system reforms, especially reforms of the internal financial management systems in government agencies. Specifically in transition economies,...

Persistent link: https://www.econbiz.de/10014401668

Public Spending Management and Macroeconomic Interdependence

Ganelli, Giovanni - 2004

This paper studies, in the context of a New Open Economy Macroeconomics (NOEM) model, the effects of ""public competition policies"" aimed at improving the efficiency of public spending. Such measures are modeled as an increase in the price elasticity of public consumption. The paper finds that...

Persistent link: https://www.econbiz.de/10014404144

Crypto, corruption, and capital controls : cross-country correlations

Alnasaa, Marwa; Georgiev, Nikolaj; Honda, Jiro; … - 2022

Persistent link: https://www.econbiz.de/10013169885

Governance for inclusive growth

Ivanyna, Maksym; Salerno, Andrea - 2021

discretion and hence the space for policy errors; (2) human resource policies, capacity building, effective anti-corruption …

Persistent link: https://www.econbiz.de/10012604784

A sentiment-enhanced corruption perception index

Cao, Yongquan; Fan, Yingjie; Hlatshwayo, Sandile; … - 2021

Direct measurement of corruption is difficult due to its hidden nature, and measuring the perceptions of corruption via … countries by applying sentiment analysis to Financial Times articles over 2005-18. This sentiment-enhanced corruption perception … index (SECPI) captures not only the frequncy of corruption related articles, but also the articles' sentiment towards …

Persistent link: https://www.econbiz.de/10012605593

Pooling fiscal risk in the ECCU : quantitative assessment of savings with a regional stabilization fund

Guerson, Alejandro - 2021

This paper quantifies the savings obtained from risk pooling with a Regional Stabilization Fund (RSF) for the Eastern Caribbean Currency Union. A Monte Carlo experiment is used to estimate the size of a RSF conditional on probabilities of depletion under specific saving-withdrawal rules. Results...

Persistent link: https://www.econbiz.de/10012605596