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We analyze land use regulations in cities with traffic congestion and production spillovers. Land is allocated between residential and industrial uses inside the city boundary or between urban and rural uses at the city boundary. The production is dispersed over the city, and people and firms...
Persistent link: https://www.econbiz.de/10010738121
Persistent link: https://www.econbiz.de/10014317508
the optimal harvesting rate that allows for sustained long-run optimal growth, which is upper-bounded by the biological …
Persistent link: https://www.econbiz.de/10005731243
We study a two-sector economy with investments in human and physical capital and imperfect labor markets. Human and physical capital are heterogeneous. Workers and firms endogenously select the sector they are active in, and choose the amount of their sector-specific investments in human and...
Persistent link: https://www.econbiz.de/10011739811
This paper proposes an approach to measure efficiency of a set of units operating in an administrative public service … efficiency levels of these offices. Subsequently, a second stage model based on bootstrap techniques is applied in order to … affect the estimated efficiency measures. …
Persistent link: https://www.econbiz.de/10008509536
effectiveness. For this purpose we examine a commonly used empirical growth model, considering different measures of fiscal …. -- Foreign Aid ; Growth ; Interjurisdictional Competition …
Persistent link: https://www.econbiz.de/10009229025
public goods, and applying a fully non-parametric approach to estimate local government overall efficiency, the analysis … shows that more direct democratic activity is associated with higher government efficiency. This result suggests that more …
Persistent link: https://www.econbiz.de/10010249630
Should a social program be run at a higher or lower level of government? We consider a government-run program supplying a private good to consumers. We focus on a tradeoff between the advantage of a high level of government in resource allocation and its disadvantage in consumer information. We...
Persistent link: https://www.econbiz.de/10012728983
Local governments spend roughly $1.6 trillion per year to provide a variety of public services ranging from police and fire protection to public schools and public transit. However, we know little about public sector's productivity in delivering key services. To understand the productivity both...
Persistent link: https://www.econbiz.de/10012969702
This paper provides an efficiency rationale for expenditure equalization in federations. It does so by developing a … provides an efficiency rationale for expenditure equalization. Using examples it is shown that Australian equalization gets … expenditure equalization in the 'right' direction from an efficiency perspective; from low to high cost states. This is not to say …
Persistent link: https://www.econbiz.de/10013063859