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The effect of constitutional structures (such as the effect of a presidential vs. a parliamentary system) over policy outcomes has been widely studied in the economic literature. In this paper, we investigate whether stable parliamentary systems and unstable parliamentary systems behave...
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Recent research has indicated that the variations in generalized trust have deep historical roots. This paper argues that geopolitical history may be an important determinant of modern levels of trust. Specifically, regions that have historically been dominated by states of different sizes may...
Persistent link: https://www.econbiz.de/10013126964
This paper examines the relationship between trust in institutions and tax morale, focusing on governance quality. It hypothesizes that the interaction effect between trust in institutions and governance quality significantly influences tax morale. The study also explores whether this effect is...
Persistent link: https://www.econbiz.de/10014348548
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …
Persistent link: https://www.econbiz.de/10011635985
Fiscal disparity leads to a yardstick bias, in that incumbents in fiscally-rich jurisdictions can provide more public goods, extract more rents and yet have a higher probability to be reelected. This study further emphasizes disparity among jurisdictions, not only in terms of fiscal resources...
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In 1989, the Argentine government initiated rapid privatization of infrastructure services-mainly gas, telecoms, electricity generation and transmission, and water and electricity distribution in the Buenos Aires metropolitan area. The author reviews the performance of the agencies set up to...
Persistent link: https://www.econbiz.de/10012556683