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The aim of this paper is to analyze the effect of revenue decentralization on the provision of infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the level of sub-national infrastructure investment in 20 European...
Persistent link: https://www.econbiz.de/10009579228
Spending on productive infrastructure is seen as an important contributor to long term economic growth. Several authors have documented a downward trend in public investment during the last three decades and warned about its possible detrimental effects on the economy. A not well-realized fact...
Persistent link: https://www.econbiz.de/10011522639
Cities have recognized the local impact of small craft breweries, altering municipal codes to make it easier to establish breweries as anchor points of economic development and revitalization. However, we do not know the extent to which these strategies impact change at the neighborhood scale...
Persistent link: https://www.econbiz.de/10012960752
This paper quantifies the marginal willingness to pay for a reduction of automobile traffic. By using a new structural approach in a hedonic framework by Bishop and Timmins 2019 we are able to avoid common issues in hedonic studies using instrumental variables. Our analysis is based on data from...
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This study uses panel data describing about 6,500 employees in a large international company to study the incentive effects of performance related pay. The company uses two performance related remuneration mechanisms. One is an individual ''surprise'' bonus payment. The other is a more...
Persistent link: https://www.econbiz.de/10011418219
Migration, remittances, welfare, expenditure patterns, agricultural production, diversification, fixed-effect regression. length of migration, migration intensity, Vietnam. - Rücküberweisung, Wohlfahrt, Ausgabenstruktur, landwirtschaftliche Produktion, Diversifikation, Fixed-Effekt-Regression,...
Persistent link: https://www.econbiz.de/10011298967