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We investigate corruption as a social dilemma by means of a bribery game in which a risk of collective sanction of the …' corruptibility but is not sufficient to eliminate the Tragedy of corruption that leads both firms and officials to earn less than in … the absence of corruption. …
Persistent link: https://www.econbiz.de/10011528171
Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...
Persistent link: https://www.econbiz.de/10011545434
An agricultural growth model is proposed to verify the agricultural convergence hypothesis among some Asian countries following the method of Barro and Sala-i-Martin (1992) and Sala-i-Martin (1996). Conditional convergence of agriculture is facilitated by foreign aid intended for agriculture and...
Persistent link: https://www.econbiz.de/10003502941
In this paper we carry out a comprehensive analysis of the impact of the level and composition of public expenditure on the export orientation of agriculture using a panel data from eleven Latin American countries for the period of 1985 to 2001. We try to understand the role of different...
Persistent link: https://www.econbiz.de/10013142393
This paper empirically examines the effects of different types of government expenditures, on economic growth in Saudi Arabia. We use different econometric techniques to estimate the short- and long-run effects of these expenditures on growth and employ annual data over the period 1969-2010. Our...
Persistent link: https://www.econbiz.de/10013059092
The paper studies in a simple, Downsian model of political competition how the private provision of public goods is affected when it is embedded in a system of democracy and redistributive taxation. Results show that the positive effect of inequality on public goods production, which Olson...
Persistent link: https://www.econbiz.de/10008512969
The paper studies in a simple, Downsian model of political competition how the private provision of public goods is affected when it is embedded in a system of democracy and redistributive taxation. Results show that the positive effect of inequality on public goods production, which Olson...
Persistent link: https://www.econbiz.de/10013146793
This article, focusing on produce and grain, discusses the environmental and climate change impacts of food production, processing, packaging, and distribution, which ultimately contributes to both economic and social costs. The article addresses environmental energy costs in the food supply
Persistent link: https://www.econbiz.de/10012913700
Provincial budgets may normally make for dry reading, but in Alberta's case, there is plenty of suspense lurking inside the pages — and that's not necessarily a good thing. Your average family may know certain things about balancing a budget: keeping spending roughly in line with income; not...
Persistent link: https://www.econbiz.de/10013084318
Medicare expenditures as a share of gross domestic product (GDP) are now six times larger than they were in 1967. Forecasts for the next 75 years show that almost $1 of every $5 of GDP could be spent on Medicare. That is unaffordable. Without intervention, Medicare's share of GDP will force some...
Persistent link: https://www.econbiz.de/10012846180