Showing 1 - 10 of 473
What are the incentives faced by local officials in China? Without democratic institutions, there is no mechanism for local residents to exercise "voice". Given the hukou registration system, local residents have little opportunity to threaten "exit" if they are unhappy with local taxes and...
Persistent link: https://www.econbiz.de/10013131309
This paper examines the post-war strategies of Liberia and Sierra Leone to generate revenues from their natural resources. We document the challenges faced by the government of the two countries, contrasting measures taken to address these challenges as well as the outcomes. We complement the...
Persistent link: https://www.econbiz.de/10013097782
the capital affects different accountability mechanisms over state politics: newspaper coverage, voter knowledge and … in state-level campaigns. Finally, we show that isolation is linked with worse public good provision …
Persistent link: https://www.econbiz.de/10013082070
Is greater trading liquidity good or bad for corporate governance? We address this question both theoretically and … information concerns her own plans for taking an active role in governance. We show that an increase in the liquidity of the firm … governance. Empirical tests using three distinct sources of exogenous variation in liquidity confirm the negative relation …
Persistent link: https://www.econbiz.de/10013072575
interest payments after the call date. We find that municipalities in states with poor governance generally destroy the most …
Persistent link: https://www.econbiz.de/10013075855
This paper develops a simple theoretical framework to study a set of regions, each with its own regional government, who share a union or central government. These governments must decide whether to implement or discard a large number of projects that produce local benefits for the region that...
Persistent link: https://www.econbiz.de/10012864805
decrease child mortality in sub-Saharan Africa. There is, however, widespread concern that poor governance and in particular …
Persistent link: https://www.econbiz.de/10013019515
. Our key innovation is to use changes in congressional committee chairmanship as a source of exogenous variation in state …
Persistent link: https://www.econbiz.de/10013146270
In this paper, I summarize the results of empirical studies in the areas of schooling and health, public programs and infant mortality, and government regulation of teenage smoking. My review is selective and is based on my own research. It is neutral with respect to the question of whether the...
Persistent link: https://www.econbiz.de/10013246530
Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to implement a particular task. We estimate the value of the informational advantage held by supervisors – middle managers – when ministerial leadership – the principal –...
Persistent link: https://www.econbiz.de/10012913385