Showing 1 - 10 of 23,593
transaction costs have canceling effects. Bicameralism is expected to have a negative effect because of the increased transaction … legislature size and bicameralism do not have a significant effect on the two types of spending. …
Persistent link: https://www.econbiz.de/10005677879
In the last two decades of the XIX century Italy became an industrial country. Historians maintain that this process was affected by the action of some interest groups that pursued both state protection from competition and specific public expenditure programs. Starting from the economic...
Persistent link: https://www.econbiz.de/10003871940
In the last two decades of the XIX century Italy became an industrial country. Historians maintain that this process was affected by the action of some interest groups that pursued both state protection from competition and specific public expenditure programs. Starting from the economic...
Persistent link: https://www.econbiz.de/10013157657
that bicameralism improves legislators' accountability when the same party controls the two chambers but not necessarily …, if the two chambers are controlled by opposite parties. We also show that bicameralism with amendment rights (open rule …) is better than bicameralism without amendment rights (closed rule). Finally, the evidence from a cross-country analysis …
Persistent link: https://www.econbiz.de/10010928625
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/10010263457
In a remarkably simple and yet in one of the most original and insightful observations of 20th century economics, Gordon Tullock observed that there are efficiency losses when public policies and political behavior create contestable rents. Tullock also observed that social losses from...
Persistent link: https://www.econbiz.de/10011451444
I construct a model of public policy development, and use the model to explain why the United States has a comparatively small public sector, but instead a large private welfare state with employment-based benefits. The key factors are politically organized firms and labor unions. These interest...
Persistent link: https://www.econbiz.de/10010320232
This paper analyzes whether the educational and professional background of a head of government matters for the implementation of market-liberalizing reforms. Employing panel data over the period 1970-2002, we present empirical evidence based on a novel data set covering profession and education...
Persistent link: https://www.econbiz.de/10010285879
Using a model of repeated agency, we explain previously unexplained features of the real-world lobbying industry. Lobbying is divided between direct representation by special interests to policymakers, and indirect representation where special interests employ professional intermediaries called...
Persistent link: https://www.econbiz.de/10011444131
In a remarkably simple and yet in one of the most original and insightful observations of 20th century economics, Gordon Tullock observed that there are efficiency losses when public policies and political behavior create contestable rents. Tullock also observed that social losses from...
Persistent link: https://www.econbiz.de/10011447512