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The literature has come to no agreement about the empirical validity of the so-called weak government hypothesis. According to this hypothesis, political fragmentation should lead to higher government expenditure. With the aim of reconciling the empirical evidence with theory, in this paper we...
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Spanish Abstract: Usamos datos de encuestas en Colombia para analizar preocupaciones económicas personales y sociales generadas por la COVID-19, el cumplimiento del aislamiento y la aprobación del gobierno, antes y después de la cuarentena. Usando regresiones probabilísticas estimamos...
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In this paper, we study how between-group wealth and size heterogeneity affect success probabilities as well as aggregate rent-seeking efforts when two groups compete for the allocation of a pure public good. Unlike with previous models, we measure the utility cost of rent-seeking in terms of...
Persistent link: https://www.econbiz.de/10013121117
Several authors have investigated the bounds of the so-called neutrality theorem where public goods are privately provided. Following this line of analysis, I investigate further in this paper the bounds of this result. I concentrate on an unexplored case in the existing literature — namely...
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