Showing 1 - 10 of 78
Merit-based selection of bureaucrats is central to state capacity building, yet rare in developing countries. Most executives instead favor patronage -political discretion- in public employment. This paper proposes and tests an original theory to explain when executives forsake patronage for...
Persistent link: https://www.econbiz.de/10011457360
Introducing financial incentives to increase productivity in the public sector tends to be politically and bureaucratically cumbersome, particularly in developing countries. Behavioral interventions could be a low-cost alternative, both politically and financially, although evidence of their...
Persistent link: https://www.econbiz.de/10012668506
Citizens confront multiple challenges when attempting to access public services. This article focuses on an aspect yet unaddressed by existing literature on administrative burdens: the complexity of the written language used by government agencies in Latin America. It presents an impact...
Persistent link: https://www.econbiz.de/10012008401
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/10008808082
This paper argues that where institutions are strong, actors are more likely to participate in the political process through institutionalized arenas, while where they are weak, protests and other unconventional means of participation become more appealing. This relationship is explored...
Persistent link: https://www.econbiz.de/10010247932
Persistent link: https://www.econbiz.de/10011966879
International organizations promote privatization as precondition for economic development. But is there really too little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state-owned firm. Different government types are compared to...
Persistent link: https://www.econbiz.de/10011606637
The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...
Persistent link: https://www.econbiz.de/10011606658
This paper applies real options theory to establish an overseas oil investment evaluation model that is based on Monte Carlo simulation and is solved by the Least Squares Monte-Carlo method. To better reflect the reality of overseas oil investment, our model has incorporated not only the...
Persistent link: https://www.econbiz.de/10009379748
Management is an important input into agricultural production, as it a determinant of the uptake and proper implementation of productive technologies and practices. While there is a large literature on evaluations of extension programs meant to improve management practices in agricultural...
Persistent link: https://www.econbiz.de/10011285055