Showing 1 - 10 of 693
among European subnational governments. We use political variables describing the fiscal attitudes of the central government … is, large differences in revenue and spending assignments across the different levels of government. These findings imply …
Persistent link: https://www.econbiz.de/10011705636
Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average … countries, and small low-income economies tend to have lower central government wage expenditures as a percent of GDP. Access to … foreign financing is not; the public and publicly guaranteed foreign financing is often provided for government capital …
Persistent link: https://www.econbiz.de/10014398730
emerging market economies to examine perceptions of government performance in managing the health and economic crisis, beliefs … non-teleworkable jobs systematically have less favorable perceptions of government responses. Personally experiencing … provide social safety nets for vulnerable individuals and firms by those who have a more favorable perception of government …
Persistent link: https://www.econbiz.de/10012518743
This paper examines interactions between self-interested agents in a two-tier government hierarchy, consisting of a …
Persistent link: https://www.econbiz.de/10014399923
Trends in the size of U.S. government are examined. In the postwar period, general government primary spending rose by … defense spending, expansion reflected a baby-boom driven rise in education spending. The parallel improvement in tax … view of the size of government. Looking forward, the retirement of baby boomers appears likely to expand government and …
Persistent link: https://www.econbiz.de/10014400885
The COVID-19 crisis has a severe impact on education and employment and exposed the many social inequities that make … on education, social protection coverage, natural resource endowments, and countries' fragility are strong predictors of …
Persistent link: https://www.econbiz.de/10012605120
The paper discusses the case against a laissez faire approach to resource allocation and develops a model of supply bottlenecks. It argues that: (1) once budget constraints are hardened and credit markets begin to function appropriately, externalities associated with production bottlenecks and...
Persistent link: https://www.econbiz.de/10014398709
We examine the effect of size-dependent policies in developing economies by focusing on a set of regulations that are applicable to firms with 20 or more formal employees in Peru. Firms can adjust to the regulations by (a) reducing their size, (b) shifting employment composition, or (c)...
Persistent link: https://www.econbiz.de/10011905879
Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap,...
Persistent link: https://www.econbiz.de/10011715589
We analyze the impact of rising import competition from China on U.S. innovative activities. Using Compustat data, we find that import competition induces R and D expenditures to be reallocated towards more productive and more profitable firms within each industry. Such reallocation effect has...
Persistent link: https://www.econbiz.de/10011763631