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Explanations are provided for why governments do as they do in agriculture. Alternative frameworks are assessed to explain government policy including collective action and politician-voter interaction models. Several key patterns of policies are analyzed including the “developmental...
Persistent link: https://www.econbiz.de/10014024090
We set up a model of costly information production between two lobbies, a firm and a consumer group, competing for influence over an imperfectly informed but benevolent government. The government is endowed with a parametric amount of information and chooses the best policy from a finite,...
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This paper uses data on juvenile offenders released from correctional facilities in Florida to explore the effects of facility management type (private for-profit, private nonprofit, public state-operated, and public county-operated) on recidivism outcomes and costs. The data provide detailed...
Persistent link: https://www.econbiz.de/10010369135
This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2007: Voice and Accountability, Political Stability and Absence of Violence/Terrorism,...
Persistent link: https://www.econbiz.de/10012723979
Is investment constrained more by insecure property rights or by limited external finance? For five transition economies in Eastern Europe and the former Soviet Union we find that weak property rights limit the reinvestment of profits in startup manufacturing firms. Access to credit does not...
Persistent link: https://www.econbiz.de/10012735722
Although infrastructure is a key input into economic growth, systematic evidence on what drives overall spending across time or place is very limited. In this paper, motivated in part by the difficulties in international comparisons, we focus on infrastructure for which we can measure spending...
Persistent link: https://www.econbiz.de/10013245807