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Persson and Tabellini (2003) show that presidential regimes and majoritarian election systems have important effects on fiscal policy, government effectiveness and productivity. Here, their dataset is extended in a number of ways: the number of countries included is increased from 85 to up to...
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This is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Its results are based on up to six new measures produced to reflect the legislative basis for using direct democratic institutions as well as their factual use. In addition, a...
Persistent link: https://www.econbiz.de/10013316691
Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...
Persistent link: https://www.econbiz.de/10002514238
It is argued that government credibility is an important resource and that it can be improved by delegating decision-making competence beyond the nation-state. It is hypothesized that such delegation should result in higher income and growth. Some former British colonies retained the Judicial...
Persistent link: https://www.econbiz.de/10002514272
Most German states amended their local constitutions during the 1990s and now allow for the direct election of mayors, initiatives and referendums, and vote aggregation, as well as vote splitting. We ask whether these reforms had any effects on local fiscal policies. We show that the direct...
Persistent link: https://www.econbiz.de/10014193991
It has been shown that both formal existence and actual use of direct democratic institutions have effects on a number of variables such as fiscal policies, quality of governance but also economic growth. Further, it has been argued that direct democratic institutions do not only impact upon the...
Persistent link: https://www.econbiz.de/10014200931