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This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a … political economy model where the effect of democracy on corruption is conditional on income distribution and property rights … equality which shows that corruption is a nonlinear function of these variables. The results indicate that democracy will work …
Persistent link: https://www.econbiz.de/10010279523
We analyze when, and to a lesser extent how, privatization occurred in a group of thirty-five low or middle-income developing countries. The theoretical perspective turns on the concept of net political benefits, which in our model is the primary determinant of privatization policies....
Persistent link: https://www.econbiz.de/10011335774
In this paper, we assume that redistribution modifies the community structure of an economy and generates both intra and intergenerational mobility. In a world in which neighbourhood attributes and family backgrounds are important to determine the investment effort and the productivity of...
Persistent link: https://www.econbiz.de/10011608803
The aim of this paper is to provide an assessment of the potential for resource curse in the renewable energy sector. Taking a political economy approach, we analyze the link between public support schemes for renewable energy and the potential scope for rent seeking and corruption. The insights...
Persistent link: https://www.econbiz.de/10010279506
Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have done remarkably well, others such as the Latin American...
Persistent link: https://www.econbiz.de/10010279576
In this review we synthetize the existing contributions that use econometric approaches to examine the influence of institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the relationship between institutions and various response...
Persistent link: https://www.econbiz.de/10011492409
Natural resources are generally associated to negative effects on the political environment of a country. This paper explores the impact that oil revenues have on the establishment of a given political system. Based on previous literature, a political economy perspective is employed. A simple...
Persistent link: https://www.econbiz.de/10010282974
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848-2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...
Persistent link: https://www.econbiz.de/10010294291
This paper proposes different methods to aggregate heterogeneous policies for renewable energy. We compare time-varying indicators built using principal component analysis with average-based indicators. The main goal of the paper is to account for the evolution of both types of policy indicators...
Persistent link: https://www.econbiz.de/10010294301
The scientific community is now developing a new set of scenarios, referred to as Shared Socio-economic Pathways (SSPs) to replace the SRES scenarios. To be used to investigate adaptation and mitigation, SSPs need to be contrasted along two axes: challenges to mitigation, and challenges to...
Persistent link: https://www.econbiz.de/10010294311