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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?

Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023

We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...

Persistent link: https://www.econbiz.de/10014356487

How Economic Growth Impinges on Income Inequalities?

Alves, José; Coelho, Jose Carlos; Roxo, Alexandre - 2022

Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI per capita affect income inequality and how they...

Persistent link: https://www.econbiz.de/10014264446

The Globalisation-Welfare State Nexus : Evidence from Asia

Potrafke, Niklas - 2019

How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...

Persistent link: https://www.econbiz.de/10012892254

The impact of globalization on the composition of government expenditures: evidence from panel data

Dreher, Axel; Sturm, Jan-Egbert; Ursprung, Heinrich W. - 2006

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization ( compensation hypothesis ). Employing two different datasets and various measures of globalization, we analyze … whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we …

Persistent link: https://www.econbiz.de/10010263942

Electoral Cycles in Perceived Corruption : International Empirical Evidence

Potrafke, Niklas - 2019

I examine whether elections influence perceived corruption in the public sector. Perceived corruption in the public sector is measured by the reversed Transparency International’s Perception of Corruption Index (CPI). The dataset includes around 100 democracies over the period 2012-2016, a...

Persistent link: https://www.econbiz.de/10012892191

Pricing for a Cooler Planet : An Empirical Analysis of the Effect of Taxing Carbon

Mideksa, Torben K. - 2021

Finland introduced the planet's first carbon tax in 1990 to experiment with, to most economists, the best policy to reverse carbon emissions. I estimate the causal effect of taxing carbon on Finnish emissions using the Synthetic Control Approach. The results suggest that taxing carbon reduces...

Persistent link: https://www.econbiz.de/10013219618

Lockdown Strategies, Mobility Patterns and COVID-19

Askitas, Nikolaos - 2020

We develop a multiple-events model and exploit within and between country variation in the timing, type and level of intensity of various non-pharmaceutical interventions to study their dynamic effects on the daily incidence of COVID-19 and on population mobility patterns across 135 countries....

Persistent link: https://www.econbiz.de/10012832076

Corruption and Economic Growth : New Empirical Evidence

Gründler, Klaus - 2019

The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured corruption by the reversed Transparency International's Perception of Corruption Index (CPI) and ignored that the CPI was not comparable over time. The CPI is comparable over time...

Persistent link: https://www.econbiz.de/10012861457

Carbon Default Swap - Disentangling the Exposure to Carbon Risk Through CDS

Blasberg, Alexander; Kiesel, Rüdiger; Taschini, Luca - 2022

Using Credit Default Swap spreads, we construct a forward-looking, market-implied carbon risk factor and show that carbon risk affects firms’ credit spread. The effect is larger for European than North American firms and varies substantially across industries, suggesting the market recognises...

Persistent link: https://www.econbiz.de/10014243102

Agency and communication in IMF conditional lending: theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

the countries' authorities, openness, and transparency, consistently with the theory. …

Persistent link: https://www.econbiz.de/10010264578