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Studies on EU enlargement mostly focus on its welfare-economic and much less so on its public-choice dimension. Yet, the latter may be as important as the former when it comes to sustain integration. This paper aims at filling the gap by exploring theoretically and empirically how enlargement of...
Persistent link: https://www.econbiz.de/10014160622
The nexus between income and happiness is very much disputed. Many cross-sectional studies seem to be in support of a positive relationship. Yet, the failure of most studies to find a similar link between increases in income through time and happiness in developed countries of the western...
Persistent link: https://www.econbiz.de/10011152005
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/10003779100
Taking Macur Olsonś 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/10003482429
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Persistent link: https://www.econbiz.de/10008651886
With interest groups significantly affecting economic performance (according to Mancur Olson) and a vital interest of governments in economic growth and low unemployment in order to win elections, there should be a link between political business cycles and the evolution of lobbies over time...
Persistent link: https://www.econbiz.de/10003873493
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Starting from the secular fact of an increasing governmentś share, a retrospective on Adolph Wagnerś writings seems worthwhile. A leading German economist of the Bismarck era, he first formulated the famous law of increasing state activityʺ for industrializing nations. After analyzing his way...
Persistent link: https://www.econbiz.de/10003779106
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/10003411642