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. Political uncertainty has a positive effect on environmental policy as it reduces lobbying efforts. Applying our model to a …
Persistent link: https://www.econbiz.de/10013317834
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accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so … that shape infrastructure policy. Our empirical findings on a panel of France's regions over 1985-92 suggest that electoral …This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure …
Persistent link: https://www.econbiz.de/10002424392
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Keynes' General Theory (1936) is arguably one of the most important books of the twentieth century. His ideas for stabilizing the aggregate economy have profoundly influenced economic theory as well as popular opinion about what governments can and should do with respect to the business cycle....
Persistent link: https://www.econbiz.de/10011509394
This paper studies the timing of privatization in 21 major developed economies in the 1977-2002 period. Duration analysis shows that political fragmentation plays a significant role in explaining government's decision to privatize: privatization is delayed longer in democracies characterized by...
Persistent link: https://www.econbiz.de/10014217110
The purpose of this paper is to test the main hypotheses of the recent theoretical literature on the political economy of reform for the case of the Latin American countries between 1985 and 1995. The paper first reviews the literature and extracts the main testable hypotheses. Then, a system of...
Persistent link: https://www.econbiz.de/10014069921
This paper empirically investigates contrasting views on the politics of economic policy. Merging different databases, we test various predictions coming form different strands of literature, with the aim of explaining the cross-sectional and temporal variation in the degree of regulatory...
Persistent link: https://www.econbiz.de/10014074592
the size of the unrecorded economy are unreliable, it is still possible to use the growth rate of the unrecorded sector to …
Persistent link: https://www.econbiz.de/10014029610
efficiency and may therefore contribute positively to economic growth. But JI as formally written down in legal texts is an …
Persistent link: https://www.econbiz.de/10010265725