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This study contains further evidence on the economic effects of direct democratic institutions. A first study found that countries with national initiatives have higher government expenditure and are characterized by more rent-seeking activity, that the effects of direct democratic institutions...
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There are three positions concerning the economic effects of human rights discussed among economists. Some economists argue that only property rights matter for economic growth and basic human rights can even make the legal system less efficient. Others argue that negative rights are generally...
Persistent link: https://www.econbiz.de/10005217514
This is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Most of the results of the former intra-country studies could be confirmed. On the basis of some 30 countries, a higher degree of direct democracy leads to lower total...
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Most German states amended their local constitutions during the 1990s and now allow for the direct election of mayors, initiatives and référendums, and vote aggregation, as well as vote splitting. In this paper, it is asked whether these reforms had any effects on local fiscal policies. It is...
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