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Long-run determinants of pollution: A robustness analysis

Lamla, Michael J. - 2007

This paper examines how robust economic, political, and demographic variables are related to water and air pollution. Employing Bayesian Averaging of Classical Estimates (BACE) for a cross section of up to 74 countries, 33 variables and 3 proxies for air and water pollution over a period from...

Persistent link: https://www.econbiz.de/10010277742

Do coup leaders matter? Leadership change and economic growth in politically unstable countries

Jong-A-Pin, Richard; Yu, Shu - 2010

We examine the impact of leadership change after a coup d'etat on economic growth. We consider successful coup attempts as our treatment group and use failed coup attempts as controls to condition on political instability. To take account of selection bias, we control for the determinants of...

Persistent link: https://www.econbiz.de/10010277750

The politics of IMF forecasts

Dreher, Axel; Marchesi, Silvia; Vreeland, James Raymond - 2007

Using panel data for 157 countries over the period 1999-2005 we empirically investigate the politics involved in IMF economic forecasts. We find a systematic bias in growth and inflation forecasts. Our results indicate that countries voting in line with the US in the UN General Assembly receive...

Persistent link: https://www.econbiz.de/10010277755

Do human rights offenders oppose human rights resolutions in the United Nations?

Dreher, Axel; Boockmann, Bernhard - 2007

We investigate voting behavior on human rights in the United Nations General Assembly (UNGA). Our central question is whether countries with a low human rights record systematically oppose human rights resolutions. An instrumental account of voting would suggest that these countries aim to...

Persistent link: https://www.econbiz.de/10010277756

Does the IMF help or hurt? The effect of IMF programs on the likelihood and outcome of currency crises

Dreher, Axel; Walter, Stefanie - 2008

Using panel data for 68 countries over the period 1975-2002 this paper examines how IMF programs, disbursed loans, and compliance with conditionality affect the risk of currency crises and the outcome of such crises. Specifically, we investigate whether countries with previous IMF intervention...

Persistent link: https://www.econbiz.de/10010277757

Greasing the wheels of entrepreneurship? The impact of regulations and corruption on firm entry

Dreher, Axel; Gassebner, Martin - 2007

The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test whether regulations robustly deter firm entry into the markets. Our results show that some regulations are indeed important determinants of entrepreneurial activity. Specifically,...

Persistent link: https://www.econbiz.de/10010277758

The devil is in the shadow: Do institutions affect income and productivity or only official income and official productivity?

Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - 2007

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...

Persistent link: https://www.econbiz.de/10010277763

Does membership in international organizations increase governments' credibility? Testing the effects of delegating powers

Dreher, Axel; Voigt, Stefan - 2008

This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...

Persistent link: https://www.econbiz.de/10010277771

Do differences in institutional and legal environments explain cross-country variations in IPO underpricing?

Hopp, Christian; Dreher, Axel - 2007

We empirically analyze the determinants of Initial Public Offering (IPO) underpricing using panel data for 29 countries over the period 1988-2005. Our hypotheses stress the importance of institutional and legal factors in explaining cross-country variations. We find that increased protection of...

Persistent link: https://www.econbiz.de/10010277774

Development aid and international politics: Does membership on the UN Security Council influence World Bank decisions?

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2007

We investigate whether temporary members of the UN Security Council receive favorable treatment from the World Bank … temporary UN Security Council membership and the number of World Bank projects a country receives, even after accounting for … economic and political factors, as well as regional and country effects. The size of World Bank loans, however, is not affected …

Persistent link: https://www.econbiz.de/10010277777