Showing 1 - 10 of 495
Transfers to individuals, firms, and regions are often regulated by threshold rules, giving rise to a regression discontinuity design. An example are transfers provided by the European Commission to regions of EU member states below a certain income level. Researchers have focused on estimation...
Persistent link: https://www.econbiz.de/10009205062
This paper describes the empirical regularities relating fiscal policy variables, the level of development and the rate … findings are: first, there is a strong association between the development level and the fiscal structure: poor countries rely …
Persistent link: https://www.econbiz.de/10005791535
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions 'trumps' everything else. Once institutions are...
Persistent link: https://www.econbiz.de/10005667122
Africa and Latin America secured their independence from European colonial rule a century and half apart: most of Latin America after 1820 and most of Africa after 1960. Despite the distance in time and space, they share important similarities. In each case independence was followed by political...
Persistent link: https://www.econbiz.de/10005136542
and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower … dispersion varies positively with the regional density of highway, railroad and telephone infrastructure, but negatively with …
Persistent link: https://www.econbiz.de/10005504465
public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …
Persistent link: https://www.econbiz.de/10005497891
simultaneously accounts for the real network infrastructure, a distance cost (fuel, repair, tolls), and a time opportunity cost …
Persistent link: https://www.econbiz.de/10005791775
This Paper compares the observed distribution of the stock of infrastructures across the Spanish regions with the optimal allocation derived from a planning problem in which the observed degree of ex-post redistribution is taken as given. The results suggest that Spanish public investment policy...
Persistent link: https://www.econbiz.de/10005792256
The paper analyses governments’ trade-off between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for...
Persistent link: https://www.econbiz.de/10005124293
This paper first draws on a unique data set, hojok (household registers), to estimate numeracy levels in Korea from the period 1550–1630. We add evidence from Japan and China from the early modern period until 1800 to obtain a human capital estimate for East Asia. We find that numeracy was...
Persistent link: https://www.econbiz.de/10011083906