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How should a policy-maker prioritize interventions to improve the public infrastructure with which firms operate and … public input character of physical infrastructure and institutions, and uses an O-ring production function to model the … impact of poor quality infrastructure on output. Using survey data from over 72,000 firms in 95 countries, we verify the …
Persistent link: https://www.econbiz.de/10008468531
investment expenditures in public infrastructure in the sectors of education, health, and physical infrastructure is examined …
Persistent link: https://www.econbiz.de/10010945288
We develop a model that captures the basic characteristics of competitively authoritarian regimes. An incumbent (government) faces a challenge from a rival (opposition). There is also an agent (bureaucracy) who can shirk and can interfere in this contest. Shirking is costly to the incumbent. The...
Persistent link: https://www.econbiz.de/10009352381
the data set and the empirical methods used to test for the presence of election-influenced spending, and presents the …
Persistent link: https://www.econbiz.de/10011245020
In this study, we examine the voting behavior in Indonesian parliamentary elections from 1999 to 2014. After … preference to abstention over the parties in some elections. From the point of view of retrospective economic voting, we found …
Persistent link: https://www.econbiz.de/10011227997
Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...
Persistent link: https://www.econbiz.de/10010956071
Persistent link: https://www.econbiz.de/10005767349
behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that …
Persistent link: https://www.econbiz.de/10005605269
effort so that performance becomes a more accurate signal of her ability. Elections reduce the experimentation effect, and … the reduction in this effect may more than offset the positive "career-concerns" effect of elections on effort. Moreover …, when this occurs, appointment of officeholders may Pareto-dominate elections. …
Persistent link: https://www.econbiz.de/10005605403
Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...
Persistent link: https://www.econbiz.de/10005264039