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The Impact of the First Professional Police Forces on Crime
Bindler, Anna; Hjalmarsson, Randi - 2021
This paper evaluates the effect on crime of creating a fundamental modern-day institution: centralized professional … police forces tasked with preventing crime. We study the 1829 formation of the London Metropolitan Police - the first … professional force worldwide. Using newly digitized and geocoded crime and police data together with difference-indifferences and …
Persistent link: https://www.econbiz.de/10012420375
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Unbundling the Relationship between Economic Shocks and Crime
Ferraz, Eduardo; Soares, Rodrigo R.; Vargas, Juan - 2021
reduce crime. However, the empirical evidence on the relationship between economic shocks and criminal behavior is at best … economic shocks on crime, this chapter proposes a simple conceptual framework to understand this nuanced relationship. We posit … puzzles as well as areas where additional research on the relationship between economic shocks and crime would be welcome. …
Persistent link: https://www.econbiz.de/10012882530
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What lures cross-border venture capital inflows?
Schertler, Andrea; Tykvová, Tereza - 2010
The change in the business model of venture capitalists from investing locally towards investing across borders started to intensify in the late 1990s. According to a dataset of European and North-American countries, we find that countries with higher expected growth and higher lagged stock...
Persistent link: https://www.econbiz.de/10010299936
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Development of military spending determinants in Baltic countries: Empirical analysis
Odehnal, Jakub; Neubauer, Jiří; Dyčka, Lukáš; … - In: Economies 8 (2020) 3, pp. 1-18
The article presents the use of the ARDL model to identify military expenditure determinants of the Baltic States (Lithuania, Latvia, and Estonia). Factors influencing military expenditure include the variables characterizing the economic environment of the analyzed countries (GDP per Capita,...
Persistent link: https://www.econbiz.de/10013199697
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Multilateral resistance to migration
Bertoli, Simone; Fernández-Huertas Moraga, Jesús - 2011
The rate of migration observed between two countries does not depend solely on their relative attractiveness, but also on the one of alternative destinations. Following the trade literature, we term the influence exerted by other destinations on bilateral flows as Multilateral Resistance to...
Persistent link: https://www.econbiz.de/10010280696
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Institutions, the cost of capital, and long-run economic growth: Evidence from the 19th century capital market
Alquist, Ron; Cha, Ben - 2012
estimate the country-specific cost of capital. We find a negative relationship between institutions that protect property … rights and capital costs. Firms located in countries with weak institutions were charged a premium compared to similarly … risky firms located in countries with strong institutions, and this penalty appeared to be costly in terms of future growth …
Persistent link: https://www.econbiz.de/10010292144
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Migration, trade and income
Ortega, Francesc; Peri, Giovanni - 2013
institutions and early development. Our instrumental-variables estimates provide evidence of a robust, positive effect of openness …
Persistent link: https://www.econbiz.de/10010293104
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Large-Scale Agricultural Investments under Poor Land Governance Systems: Actors and Institutions in the Case of Zambia
Nolte, Kerstin - 2013
This paper reveals how the outcomes of large-scale land acquisitions made by foreign investors in Zambia are determined by the characteristics of the country's land governance system. Proposing a conceptual framework adapted from Williamson (1998), and using evidence constituted by expert...
Persistent link: https://www.econbiz.de/10010293899
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Social Unrest in the Wake of IMF Structural Adjustment Programs
Stroup, Caleb; Zissimos, Benjamin - 2013
This paper proposes an answer to the question of why social unrest sometimes occurs in the wake of an IMF Structural Adjustment Program (SAP). Under certain circumstances, partly determined by a country’s comparative advantage, a nation’s elite may have an incentive to make transfers to the...
Persistent link: https://www.econbiz.de/10010293907
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The Historical Roots of Corruption and Economic Development in Italy
Petrarca, Ilaria; Ricciuti, Roberto - 2013
We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...
Persistent link: https://www.econbiz.de/10010293919