It is a well-known fact that reforms necessary to enhance competition and make the economy more attractive play a major role in the Government activity in Europe. Considering the Italian state of affairs, this paper focuses on the inefficiency of public producers in the light of certain market...

Can more vigorous political competition significantly raise rural land values, or contribute to more robust land rental markets? Exploiting exogenous variation in the national popularity of Pakistan’s political parties during the 2008 elections, we show that provincial assembly constituencies...

Spanish Abstract: Este trabajo tiene como objetivo incorporar la noción de 'redes políticas' en el análisis de la actividad normativa, a los efectos de determinar si es posible modelar patrones de interacción entre los actores en el proceso político, no sólo en el proceso de...

Despite evidence that modern democracies systematically shortchange public investment goods, relatively little theoretical work exists to explain this phenomenon. We build on Baron and Ferejohn's (American Political Science Review, 83(4) (1989) 1181--1206) bargaining model to describe public...

The role of government in the process of globalization has been discussed extensively in recent years. The two “rivaling” theories that best reflect conventional wisdom are the “efficiency” and the “compensation” hypothesis. With regard to the compensation hypothesis, I challenge...

We build and test a model of how the growth of public jobs with wage premiums may help to explain the high and potentially inefficient level of urbanization in LDCs. Public jobs comprise about 40% of non-agricultural employment in LDCs, and have frequently offered substantial wage premiums. The...

Energy use is intertwined with environmental harms, climate, and economic development. However, the United States has failed to balance these interests together to make effective policy that can address each of these issues. The need for such integrative policy has become more and more obvious...

This Article is a first-of-its-kind application of public choice theory to recently developing theories of virtue jurisprudence. Particularly, this Article focuses on not-yet-developed theories of aretaic (or virtue-centered) legislation. This Article speculates what the contours of such...

The paper provides a collection and analysis of modern sports-for-all policies in Europe, North America, Australia and China. Promoting a healthy lifestyle among community members by providing easy access to sport facilities has been a traditional function of sport-for-all policies. Modern...

Russian Abstract: "Стратегия…" является продолжением и дополнением работы "Институциональные ограничения современного экономического роста", впервые вышедшей в 2011...