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Persistent link: https://www.econbiz.de/10009715779
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In this paper, we tackle the issue of locating a public facility which provides a public good in a closed and populated territory. This facility generates differentiated benefits to neighborhoods depending on their distance from it. In the case of a Nimby facility, the smaller is the distance,...
Persistent link: https://www.econbiz.de/10013316565
In this paper, we tackle the issue of locating a public facility which provides a public good in a closed and populated territory. This facility generates differentiated benefits to neighborhoods depending on their distance from it. We first characterize the optimal location which would be...
Persistent link: https://www.econbiz.de/10014055581
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10003808628
We develop a model of Schumpeterian growth where political connections with long-term politicians can be exploited by low-quality producers to defend their monopoly position and prevent innovation and entry of high-quality competitors. Through personal relationships developed with the incumbent...
Persistent link: https://www.econbiz.de/10008824493
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This paper studies the determinants of immigration policy in an economy with entrepreneurs and workers where a trade union has monopoly power over wages. The presence of the union leads a benevolent government to implement a high level of immigration and induces a welfare loss not only from an...
Persistent link: https://www.econbiz.de/10002746020
Persistent link: https://www.econbiz.de/10010496462
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10013316400