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The paper considers a two-tier institution in which government provides public services, but individuals can opt out of public provision (but not taxes). Funding for the public service is chosen endogenously by majority vote, and we first provide necessary and sufficient conditions for a...
Persistent link: https://www.econbiz.de/10011056116
Who are the most prone to pay bribes? Who are angled for bribes? Who pay? This article explores these issues in sub-Saharan Africa, an area of the world where corruption is widespread. This paper empirical basis is a rich collection of comparable data provided by the Afrobarometer surveys...
Persistent link: https://www.econbiz.de/10011074422
Public enterprises are production units of goods or services under government control. In spite of wide privatizations in the last two decades, public provision in this form can be observed in many countries and sectors, particularly in education, health, transport, energy and environment. This...
Persistent link: https://www.econbiz.de/10011031709
Chile has experienced tremendous changes over the past centuries. Notwithstanding the importance of many of these transformations, the demographic change has been crucial, given its influence on the whole Chilean Society. These paper inquiries into the effects of the Chilean demographic...
Persistent link: https://www.econbiz.de/10011115426
If productivity increases more slowly for services than for manufactured goods, then services suffer from Baumol’s cost disease and tend to become relatively more costly over time. Since the welfare state in all countries is an important supplier of tax financed services, this translates into...
Persistent link: https://www.econbiz.de/10011084168
Many studies report on a systematic disparity between the willingness to pay for a certain good (WTP) and the willingness to accept retribution payments in exchange for giving up this good (WTA). Thaler (1980) employs prospect theory to explain this disparity. The literature contains two...
Persistent link: https://www.econbiz.de/10008564790
Persistent link: https://www.econbiz.de/10005721987
Persistent link: https://www.econbiz.de/10011820035
This study provides the first empirical test of strategic interactions in the pricing decisions of regulated utilities …. Since publicly owned water utilities in Sweden are governed by a cost-of-service regulation, prices in neighboring … neighboring utilities' prices as benchmarks for costs or as behaviorally based reference prices, utilities will face the risk of …
Persistent link: https://www.econbiz.de/10010335624
public and private utilities' efficiency …
Persistent link: https://www.econbiz.de/10011595954