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Economic Reforms and Industrial Policy in a Panel of Chinese Cities

Alder, Simon; Shao, Lin; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …

Persistent link: https://www.econbiz.de/10011084232

Provincial Protectionism

Sonin, Konstantin - C.E.P.R. Discussion Papers - 2003

federal centre. The theory is supported by the recent experience of Russia, China, and Argentina. …

Persistent link: https://www.econbiz.de/10005792438

Energy and Climate Change in China

Carraro, Carlo; Massetti, Emanuele - C.E.P.R. Discussion Papers - 2012

This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH … levels. The elasticity of China’s emissions is estimated by pooling observations from all scenarios and compared with the … elasticity of emissions in OECD countries. China has a higher elasticity than the OECD for a carbon tax lower than 50$ per ton of …

Persistent link: https://www.econbiz.de/10011084331

Fiscal Federalism in Times of Crisis

Foremny, Dirk; von Hagen, Jürgen - C.E.P.R. Discussion Papers - 2012

We study the subnational fiscal adjustment to the Great Recession in a sample of European countries. We find that there are important differences between unitary and federal countries. Subnational governments in federal states reacted to the Great Recession by running larger budget deficits...

Persistent link: https://www.econbiz.de/10011083379

Moderating Political Extremism: Single Round vs Runoff Elections under Plurality Rule

Bordignon, Massimo; Nannicini, Tommaso; Tabellini, Guido - C.E.P.R. Discussion Papers - 2014

We compare single round vs runoff elections under plurality rule, allowing for partly endogenous party formation. Under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility is smaller, because the...

Persistent link: https://www.econbiz.de/10011145395

On the Optimal Structure of Local Governments

Hochman, Oded; Pines, David; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 1994

We show that space matters in designing the optimal provision of local public goods (LPGs). Geography imposes particular institutional structure of local governments due to the overlapping of market areas associated with different LPGs. The optimum can be decentralized through local governments...

Persistent link: https://www.econbiz.de/10005656169

Performance Incentives with Award Constraints

Courty, Pascal; Marschke, Gerald - C.E.P.R. Discussion Papers - 2001

This Paper studies the provision of incentives in a large US training organization, which is divided into about 50 independent pools of training agencies. The number and the size of the agencies within each pool vary greatly. Each pool distributes performance incentive awards to the training...

Persistent link: https://www.econbiz.de/10005661877

Opportunistic Political Cycles: Test in a Young Democracy Setting

Akhmedov, Akhmed; Ravitchev, Alexei; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2003

Despite the fact that theoretical research on opportunistic political cycles is very intuitive and well developed, empirical literature has found fairly weak evidence of opportunistic political cycles. This Paper tests the theory in a decade-old democracy – Russia. We find strong evidence of...

Persistent link: https://www.econbiz.de/10005662200

Curbing Cream-Skimming: Evidence on Enrolment Incentives

Courty, Pascal; Kim, Do Han; Marschke, Gerald - C.E.P.R. Discussion Papers - 2009

Using data from a large, U.S. federal job training program, we investigate whether enrolment incentives that exogenously vary the ‘shadow prices’ for serving different demographic subgroups of clients influence case workers’ intake decisions. We show that case workers enroll more clients...

Persistent link: https://www.econbiz.de/10005666832

How Elections Matter: Theory and Evidence from Environmental Policy

List, John; Sturm, Daniel M - C.E.P.R. Discussion Papers - 2004

In this Paper we explore to what extent secondary policy issues are influenced by electoral incentives. We develop a political agency model in which a politician decides on both a frontline policy issue, such as the level of public spending, and a secondary policy issue, such as environmental...

Persistent link: https://www.econbiz.de/10005789133