Showing 1 - 10 of 646
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
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
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
This paper is concerned with economic consequences of unethical governance. A framework is set out, based on principles of Friedrich Nietzsche, that ties poverty and inequality to unethical behavior of the strong toward the weak. The paper contributes to an understanding of why poverty and...
Persistent link: https://www.econbiz.de/10014400240
At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of firms' decision making. The relatively high level of resource misallocation in India's formal manufacturing sector is well documented. We build on this research to further...
Persistent link: https://www.econbiz.de/10012518715
We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and productivity, while import liberalization has ambiguous effects....
Persistent link: https://www.econbiz.de/10012301837
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
Can a government reduce income inequality by changing the composition of public spending while keeping the total level …-term impact of health spending, and particularly education spending, helps to better capture the equalizing effects of these …
Persistent link: https://www.econbiz.de/10012103675
The legacy of non-performing loans and high opportunity cost of government financing of bank recapitalization impeded … array of factors, including the tightness of the government budget and the decision maker's concern for the favored sector …
Persistent link: https://www.econbiz.de/10012103676
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