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This paper examines changes in the allocation of public funds between production related public goods (PRPGs) and labour augmenting public goods (LAPGs) once elected village leaders replaced an appointment system. We derive a two-period theoretical model in which the interest of appointed...
Persistent link: https://www.econbiz.de/10010880288
Income inequality has increased sharply in higher income countries. Theories attributing this to bifurcation of labor markets are examined. Some theorists attribute this bifurcation primarily to technical change with influence from globalization. Others take an opposite viewpoint. A contrasting...
Persistent link: https://www.econbiz.de/10008465451
Persistent link: https://www.econbiz.de/10014341367
Farm operators and spouses have increasingly engaged in off-farm work in recent years. Many studies have analyzed the role of government payments; however, little is known about the impact of health insurance coverage. This study builds on previous literature by using copulas to test for...
Persistent link: https://www.econbiz.de/10009483611
The study is devoted to the comparative static analysis and econometric estimation of farm household decisions under both standard and agricultural taxes. To account for labor markets constraints a non-separable model is constructed implying increasing per-unit costs of accessing labor markets....
Persistent link: https://www.econbiz.de/10009442873
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Persistent link: https://www.econbiz.de/10009446503
The relationship between appreciation of the exchange rate and employment is investigated in the period 1980-2008 for the United States. Previous literature has found a negative relationship, studying as channels of transmission the role of exports, substitution of factors of production, terms...
Persistent link: https://www.econbiz.de/10009446520
This paper seeks to examine the impact of corruption on economic growth in Lebanon. Using a neoclassical model, we hypothesise that corruption reduces the country's standard of living as measured by real per capita GDP. We show that corruption deters growth indirectly through reducing the factor...
Persistent link: https://www.econbiz.de/10005500661
Persistent link: https://www.econbiz.de/10005460074
This paper explores how revenue-neutral tax reforms impact employment and economic growth in models of exogenous and endogenous growth and search frictions on the labor market. We show that (i) a cut in the payroll tax financed by an increase in the wage tax lowers both equilibrium employment...
Persistent link: https://www.econbiz.de/10005468549