We investigate whether corporatist governance negatively affects growth: a) directly through higher transaction costs involved in the policy decision making process; b) indirectly, yielding growth retarding policy decisions. We construct a more accurate data set for 18 OECD countries in the...

This paper empirically analyzes the demand for public goods in Italy over the period 1861-1913 in a political economy perspective and concentrates on fiscal illusion. The analysis suggests that the relationship between public expenditure and deficit is typically a long-run one. There is also a...

The paper investigates the efficiency of procurement for medical devices. Differentiation of products in this market, due to doctors' preferences for specific technologies, might reduce the number of suppliers and the potential positive impact of auctions relative to negotiations. Using a large...