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Public Goods Provision with Rent-Extracting Administrators
Cagala, Tobias - 2018
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10012927572
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Public Goods Provision with Rent-Extracting Administrators
Cagala, Tobias - 2018
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10012929025
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Inequality, institutions and cooperation
Markussen, Thomas; Sharma, Smriti; Singhal, Saurabh; … - 2020
relationship is influenced by the quality of local institutions, as proxied by corruption. We use representative data from a large … corruption environments. We find that corruption leads to more pessimistic beliefs about others' contributions in heterogeneous … groups, and this is an important mechanism explaining our results. In doing so, we highlight the indirect costs of corruption …
Persistent link: https://www.econbiz.de/10012305896
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Inequality, institutions, and cooperation
Markussen, Thomas; Sharma, Smriti; Singhal, Saurabh; … - 2020
relationship is influenced by the quality of local institutions, as proxied by corruption. We use representative data from a large … corruption environments. We find that corruption leads to more pessimistic beliefs about others' contributions in heterogeneous … groups, and this is an important mechanism explaining our results. In doing so, we highlight the indirect costs of corruption …
Persistent link: https://www.econbiz.de/10012301914
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Public goods provision with rent-extracting administrators
Cagala, Tobias; Glogowsky, Ulrich; Grimm, Veronika; … - 2017
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10011778679
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The role of government and trust in the market economy
König, Nadja; Schuknecht, Ludger - 2018
This paper studies the role of governments and its link to trust. We argue that the public's trust strongly depends on governments delivering on their core tasks in a market economy. In some economies, a neglect of core tasks can be observed and there seems to be some erosion, notably in terms...
Persistent link: https://www.econbiz.de/10011825240
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The Role of Government and Trust in the Market Economy
König, Nadja; Schuknecht, Ludger - 2018
This paper studies the role of governments and its link to trust. We argue that the public’s trust strongly depends on governments delivering on their core tasks in a market economy. In some economies, a neglect of core tasks can be observed and there seems to be some erosion, notably in terms...
Persistent link: https://www.econbiz.de/10011872054
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Zur Anatomie der Staatsquote
Zimmermann, Klaus W.; Dluhosch, Barbara - 2007
Previous studies were plagued with considerable problems when interpreting and empirically analysing Wagner's Law. Therefore, we initially present some kind of "pure theory of government's share" for a two-person society based on the pure theory of public and private goods as originally...
Persistent link: https://www.econbiz.de/10010263456
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Some Second Thoughts on Wagner's Law
Dluhosch, Barbara; Zimmermann, Klaus W. - 2006
We examine whether the Samuelsonian definition of public goods can be reconciled with "Wagner's Law", that is, public expenditures outpacing economic growth. While both predominantly focus on the demand-side, they differ with respect to their socio-political foundations. Taking the latter into...
Persistent link: https://www.econbiz.de/10010270245
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Some Second Thoughts on Wagner's Law
Dluhosch, Barbara; Zimmermann, Klaus W. - Fächergruppe Volkswirtschaftslehre, Helmut Schmidt … - 2006
We examine whether the Samuelsonian definition of public goods can be reconciled with "Wagner's Law", that is, public expenditures outpacing economic growth. While both predominantly focus on the demand-side, they differ with respect to their socio-political foundations. Taking the latter into...
Persistent link: https://www.econbiz.de/10005069907