Showing 11 - 20 of 367
This article focuses on the role of unionized members of the parliament. Referring to the famous study by Freeman and Medoff (1984) and considering the more recent literature we first review unions’ political power at the example of the US. We conclude that trade unions have not been very...
Persistent link: https://www.econbiz.de/10004981449
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
Bei aller Hysterie, die sich an Begriffen wie "Klimakatastrophe" festmachen laesst und die aktuell fast schon zu Bestandteilen des Glaubensbekenntnis mutieren, ist es fuer Oekonomen, die sich mit Umwelt und Umweltguetern beschaeftigen, umso wichtiger, nuechtern, abgewogen und rational zu...
Persistent link: https://www.econbiz.de/10005069908
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/10005091318
Taking Macur Olson's theory of the decline of nations as pathbreaking in this field we develop a formal model of the behavior of interest groups and their interaction to win some deeper insights into the interior mechanics of the interest-group-state. Followed by a brief survey of empirical...
Persistent link: https://www.econbiz.de/10005091339
In this contribution, James Buchanan's model of the voluntary provision of public goods is formalized and applied to the case of a rich and poor actor which also can be inter-preted as industrialized and developing countries in the debate on global environmental goods. Concerning the utility...
Persistent link: https://www.econbiz.de/10005091344
Strengthening elements of direct democracy has become a hotly debated issue especially in purely representative democracies where distrust in political institutions and policymakers has been continually growing in recent years. We develop a compensation model of interest groups seeking a...
Persistent link: https://www.econbiz.de/10005091347
The economic theory of clubs can offer eminent contributions to an efficient shaping of processes of integration, especially at the level of the European Union. To determine a welfare maximum in a world full of clubs, the distinction between the within-club point of view and the total economy...
Persistent link: https://www.econbiz.de/10005091362
Starting from the secular fact of an increasing government's share, a retrospective on Adolph Wagner's writings seems worthwhile. A leading German economist of the Bismarck era, he first formulated the famous "law of increasing state activity" for industrializing nations. After analyzing his way...
Persistent link: https://www.econbiz.de/10005091376
Mancur Olson's theory of the decline of nations is path-breaking in political economics. It has been tested cross-sectionally in numerous empirical studies. We survey the existing results briefly, with a special focus on studies using the number of lobbies as an exogenous variable. Using data...
Persistent link: https://www.econbiz.de/10005091381