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This paper reviews three arguments why government should not directly finance public goods provision in the countryside: (1) sorting and voting of residents leads to efficient local public goods provision, (2) community governance better copes with incomplete contracting in public goods, and (3)...
Persistent link: https://www.econbiz.de/10003356389
Der demographische Wandel ist seit über 40 Jahren gesamteuropäische Realität. Relativ geringe Geburtenzahlen und eine immer weiter steigende Lebenserwartung verändern die Altersgliederung der Bevölkerung nachhaltig. In Ostdeutschland wird dieser Prozess spätestens seit der...
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The article contributes to the understanding of neo-endogenous rural development from the perspective of evolutionary game theory. Rural development is modelled as the increasing realisation over time of gains from interaction by rural stakeholders. The model exhibits two dynamically stable...
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Differences in farm structures between Russia and western market economies can hardly be made consistent with the neoclassical textbook idea of a technologically determined farm size operating in a perfect market environment. The main aim of the paper is to identify embedded institutions that...
Persistent link: https://www.econbiz.de/10008901313