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Electoral Incentives and the Allocation of Public Funds

Finan, Frederico S.; Mazzocco, Maurizio - 2016

funds. We use data from Brazil's federal legislature, which grants each federal legislator a budget to fund public projects … limits also reduce distortions, but come at the cost of more corruption, which makes it a welfare-reducing policy. …

Persistent link: https://www.econbiz.de/10011451205

The political resource curse

Brollo, Fernanda; Nannicini, Tommaso; Perotti, Roberto; … - 2010

The paper studies the effect of additional government revenues on political corruption and on the quality of … endogenous entry of political candidates. The evidence refers to municipalities in Brazil, where federal transfers to municipal … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed …

Persistent link: https://www.econbiz.de/10010269401

How do electoral systems affect fiscal policy? Evidence from state and local governments, 1890 to 2005

Funk, Patricia; Gathmann, Christina - 2010

Using a new data set on Swiss state and local governments from 1890 to today, we analyze how the adoption of proportional representation affects fiscal policy. We show that proportional systems shift spending toward broad goods (e.g. education and welfare benefits) but decrease spending on...

Persistent link: https://www.econbiz.de/10010266087

Public providers, versus private providers, of public goods: A general equilibrium study of the role of the state

Economides, George; Philippopoulos, Apostolis; … - 2011

This paper studies the difference between public production and public finance of public goods in a dynamic general equilibrium setup. By public finance, we mean that the public good is produced by private providers with the government financing their costs. When the model is calibrated to match...

Persistent link: https://www.econbiz.de/10010277041

The effect of trade openness on optimal government size under endogenous firm entry

Hanslin, Sandra - 2008

This paper analyzes the effect of trade liberalization on government spending in a general equilibrium model with a continuum of industries supplying tradable and nontradable goods under monopolistic competition. Trade liberalization is modeled as the opening up of product markets between two...

Persistent link: https://www.econbiz.de/10010315478

The Economic Approach to Political Borders

Spolaore, Enrico - 2022

This paper overviews theoretical and empirical contributions that study political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public...

Persistent link: https://www.econbiz.de/10014290075

Precommitted government spending and partisan politics

Watkins, William; Bohn, Henning - 2011

This paper analyzes government commitments to ongoing spending programs that require future outlays. Spending commitments are important for understanding partisan politics because they constrain future governments. In a model with one government good, a 'stubborn liberal' policy maker can use...

Persistent link: https://www.econbiz.de/10010274871

Democratic provision of divisible public goods

Gersbach, Hans - 2010

In this paper we examine the potential of democratic constitutions for the provision of divisible public goods in a large economy. Our main insights are as follows: When aggregate shocks are absent, the combination of the following rules yields first-best allocations: a supermajority rule, equal...

Persistent link: https://www.econbiz.de/10010266097

What should we expect from innovation? A model-based assessment of the environmental and mitigation cost implications of climate-related R&D

Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - 2010

This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...

Persistent link: https://www.econbiz.de/10010270465

Public Good Provision with a Distributor

Anwar, Sakib; Matros, Alexander; SenGupta, Sonali - 2022

We present a model of public good provision with a distributor. Our main result describes a symmetric mixed-strategy equilibrium, where all agents contribute to a common fund with probability p and the distributor provides either a particular amount of public goods or nothing. A corollary of...

Persistent link: https://www.econbiz.de/10014284492