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Antiquity and capitalism : the finance-growth perspective
Dombi, Akos; Grigoriadis, Theocharis; Zhu, Junbing - 2020
This paper explores the impact of antiquity on capitalism through the finance-growth nexus. We define antiquity as the length of established statehood (i.e., state history) and agricultural years. We argue that extractive institutions and deeply entrenched interest groups may prevail in...
Persistent link: https://www.econbiz.de/10012214952
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The logic of collective action and beyond
Congleton, Roger D. - 2015
Persistent link: https://www.econbiz.de/10011407507
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Do Lawyer-Legislators Protect Their Business? Evidence from Voting Behavior on Tort Reforms
Matter, Ulrich; Stutzer, Alois - 2013
Attorneys elected to the US House of Representatives and to US state legislatures are systematically less likely to vote in favor of tort reforms that restrict tort litigation, but more likely to support bills that extend tort law. This finding is based on the analysis of 54 votes at the federal...
Persistent link: https://www.econbiz.de/10011390694
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Bureaucratic Rent-Seeking in the European Union
Brandt, Urs Steiner; Svendsen, Gert Tinggaard - 2003
consumes roughly half of the total budget, all attempts to reform only led to a whole range of new tasks resulting in more …
Persistent link: https://www.econbiz.de/10010321927
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Politico-economic determinants of tort reforms in medical malpractice
Matter, Ulrich; Stutzer, Alois - 2015
politico-economic forces that were driving the reform process across U.S. states. We focus on five types of medical malpractice … tort reform and apply semi-parametric proportional hazards models to assess the factors that are related to reform …
Persistent link: https://www.econbiz.de/10011569688
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Do lawyer-legislators protect their business? : evidence from voting behavior on tort reforms
Matter, Ulrich; Stutzer, Alois - 2013
Attorneys elected to the US House of Representatives and to US state legislatures are systematically less likely to vote in favor of tort reforms that restrict tort litigation, but more likely to support bills that extend tort law. This finding is based on the analysis of 54 votes at the federal...
Persistent link: https://www.econbiz.de/10009772190
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The Welfare Costs of Rent-Seeking: A Methodologically Individualist & Subjectivist Revision
Makovi, Michael - Volkswirtschaftliche Fakultät, … - 2015
Gordon Tullock is recognized for being the first to recognize the true costs of rent-seeking as including not only the Harberger triangle but also the Tullock rectangle. This rectangle does not constitute merely a lossless transfer of wealth, but it causes a misallocation of resources as...
Persistent link: https://www.econbiz.de/10011234836
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The Political Economy of Climate Change Policy in the EU: Auction and Grandfathering
Brandt, Urs Steiner; Svendsen, Gert Tinggaard - 2003
Based on the political support function model by Hillman (1982), we consider the choice of policy instruments in environmental regulation. More specifically, we extend the Hillman model so that it can incorporate the connection between the relative strength of lobby groups, the chosen level of...
Persistent link: https://www.econbiz.de/10010321940
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Ratcheting in Renewable Resources Contracting
Brandt, Urs Steiner; Jensen, Frank; Hansen, Lars Gårn; … - 2004
Real life implies that public procurement contracting of renewable resources results in repeated interaction between a principal and the agents. The present paper analyses ratchet effects in contracting of renewable resources and how the presence of a resource constraint alters the "standard"...
Persistent link: https://www.econbiz.de/10010321970
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The Dynamics and Status of India’s Economic Reforms
Singh, Nirvikar - Volkswirtschaftliche Fakultät, … - 2010
This paper considers the status of economic reform in India, to understand which further reforms might be desirable … undertaken, the paper attempts to understand the political economy of the process of economic reform in India, and how that … process plays out with respect to different sectors of the economy, or different areas of potential economic reform. The …
Persistent link: https://www.econbiz.de/10008490567