Showing 1 - 10 of 18
We study the allocation of investment projects by municipal governments across groups of voters using data from a fiscal stimulus program carried out in Spain between 2009 and 2011. This program provided municipalities with a large endowment to spend in public investments and required the...
Persistent link: https://www.econbiz.de/10012013531
This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman "protection for sale" (PFS) model of political economy might arise from a simpler setting. A model of imports and quotas with protection occuring in response to import...
Persistent link: https://www.econbiz.de/10011940728
This paper critically and selectively surveys the literature on protection for sale and discusses directions for future research in this area. It suggests that the standard approach needs to be augmented to provide more compelling tests of this model.
Persistent link: https://www.econbiz.de/10011940765
We present a model of growth and distributional conflict that implies a non-monotonic relationship between average wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class are small at low stages of development, a shift towards...
Persistent link: https://www.econbiz.de/10011430034
We present a model of growth and distributional conflict that implies a non-monotonic relationship between average wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class are small at low stages of development, a shift towards...
Persistent link: https://www.econbiz.de/10011397749
Persistent link: https://www.econbiz.de/10009726281
Persistent link: https://www.econbiz.de/10009793128
Persistent link: https://www.econbiz.de/10011654148
We study the allocation of investment projects by municipal governments across groups of voters using data from a fiscal stimulus program carried out in Spain between 2009 and 2011. This program provided municipalities with a large endowment to spend in public investments and required the...
Persistent link: https://www.econbiz.de/10011578245
Persistent link: https://www.econbiz.de/10012119142