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New technology can cause significant changes in an industry, potentially improving both consumer welfare and governance. The initial reaction of many regulators to the advent of “ridesharing” platforms such as Uber and Lyft was either to outlaw them or to burden them with the same level of...
Persistent link: https://www.econbiz.de/10012983224
AI is now an important component of sectors such as healthcare, agriculture, public administration and transportation, and is helping to address major challenges such as ageing and climate change. However, there is currently a lack of transparency in algorithmic governance systems, and this is...
Persistent link: https://www.econbiz.de/10014032665
This paper explores the role of information transmission and misaligned interests across levels of government in explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal-agent framework, it analyzes two alternative...
Persistent link: https://www.econbiz.de/10014153753
We contribute to the debate on whether tourism should be considered a discipline or just a field of study. By re-arranging Hirst's four criteria (1974) to define a primary form of knowledge (a discipline), we affirm that tourism economics can be considered an established economic discipline in...
Persistent link: https://www.econbiz.de/10014199388
In this article we analyze the interdependent issues of urbanization, growth, and globalization by presenting key empirical facts and relevant underlying economic theories on each. We look more closely, but without providing a detailed formal analysis, at a model by Baldwin and Forslid (2000)...
Persistent link: https://www.econbiz.de/10010383880
The empirical evidence on the relationship between political decentralization and corruption is far from clear. We develope a model that analizes the relationship between decentralization and corruption and show how cost–benefit calculations can lead public administrations to tolerate a...
Persistent link: https://www.econbiz.de/10011967454
Tests for the presence of Leviathan, evidenced by a positive relationship between the size of government measured as a percentage of GDP, and the degree of fiscal centralization, have provided mixed results. We derive alternative measures of the size of government taking into account household...
Persistent link: https://www.econbiz.de/10014063941
This paper examines policy centralization outcomes in a two-jurisdiction, political economy model of public good provision choices with heterogeneous policy preferences and interjurisdictional policy spillovers, under alternative democratic choice procedures, namely, direct democracy and...
Persistent link: https://www.econbiz.de/10011400894
This paper examines policy centralization outcomes in a two-jurisdiction, political economy model of public good provision choices with heterogeneous policy preferences and interjurisdictional policy spillovers, under alternative democratic choice procedures, namely, direct democracy and...
Persistent link: https://www.econbiz.de/10013320734
This paper investigates whether the costs of corruption are conditional on the extent of government intervention in the economy. We use data on corruption convictions and economic growth between 1975 and 2007 across the U.S. states to test this hypothesis. Although no state approaches the level...
Persistent link: https://www.econbiz.de/10014155552