-
When does government debt make people happier? Evidence from panel data of 125 countries Econ. Gov. (IF 0.781) Pub Date : 2024-02-20 Haejo Kang, Dong-Eun Rhee
-
Legislative redistricting and the partisan distribution of transportation expenditure Econ. Gov. (IF 0.781) Pub Date : 2024-02-06 Walter Melnik
-
Political and non-political side activities in an agency framework Econ. Gov. (IF 0.781) Pub Date : 2024-01-26 Anthony M. Marino
This paper studies side activities, including political activities, in the context of a hidden action agency problem. Given increases in the number of employees working from home and increases in managerial political engagement, such activities have become more prevalent. We examine the impact of these activities on the optimal contact, the agent’s welfare, the firm’s profit, and total welfare. For
-
Corruption risk and political dynasties: exploring the links using public procurement data in the Philippines Econ. Gov. (IF 0.781) Pub Date : 2023-12-27 Daniel Bruno Davis, Ronald U. Mendoza, Jurel K. Yap
-
Ethnically asymmetric political representation and the provision of public goods: theory and evidence from Ethiopia Econ. Gov. (IF 0.781) Pub Date : 2023-10-08 Teferi Mergo, Alain-Désiré Nimubona, Horatiu Alin Rus
-
Younger CEO and older managers: focusing on tournament incentives Econ. Gov. (IF 0.781) Pub Date : 2023-10-02 Jun Yeung Hong, Sung Min Jeon, Gun Lee
We investigate the effectiveness of tournament theory based on the age gap between the CEO and the top management team (TMT) in Korean firms. While tournament incentives encourage managers to work harder to improve their performance, their effects may differ on executives’ sociological and psychological characteristics. Under Confucian culture, where seniority is highly valued and there is great respect
-
-
Alternative intervention mechanisms in rent-seeking contests Econ. Gov. (IF 0.781) Pub Date : 2023-08-19 Friedhelm Hentschel
This paper models a rent-seeking contest which allows for the provision of third-party support. Support can be either provided by reducing the supported player’s cost of fighting or by increasing the ability to fight. I present and solve a rent-seeking contest which nests these two intervention mechanisms. Among others, I find that for identical intervention costs of the two mechanisms, the intervention
-
Do young politicians make a difference? Evidence from local public expenditure in South Korea Econ. Gov. (IF 0.781) Pub Date : 2023-08-14 Hoyong Jung
-
-
Incompetence and corruption in procurement auctions Econ. Gov. (IF 0.781) Pub Date : 2023-06-02 Krishnendu Ghosh Dastidar, Sonakshi Jain
-
Quantities vs. prices: monopoly regulation without transfer under asymmetric demand information Econ. Gov. (IF 0.781) Pub Date : 2023-04-05 Dan Wang, Peng Hao, Jiancheng Wang
-
Strategic crackdown on organized crime by local governments Econ. Gov. (IF 0.781) Pub Date : 2023-03-27 Ken Yahagi, Susumu Cato
-
Inside Buchanan's Samaritan's Dilemma: altruism, strategic courage and ethics of responsibility Econ. Gov. (IF 0.781) Pub Date : 2023-03-15 Stefano Dughera, Alain Marciano
-
Property rights, transaction costs, and the limits of the market Econ. Gov. (IF 0.781) Pub Date : 2023-03-13 Carmine Guerriero
-
Honor among thieves: how nineteenth century American pirate publishers simulated copyright protection Econ. Gov. (IF 0.781) Pub Date : 2023-02-08 Ryan Safner
From 1790 to 1891, the United States prevented foreign authors from obtaining domestic copyright protection, implicitly subsidizing a domestic reprinting industry. With foreign works a “free” and unprotected resource, American publishers created a system of voluntary norms, known as “trade courtesy” to create and enforce pseudo-property rights in uncopyrighted foreign works, simulating the effects
-
Corporate income tax competition and efficient tax base equalization Econ. Gov. (IF 0.781) Pub Date : 2023-01-10 Mutsumi Matsumoto, Hikaru Ogawa
The literature on tax competition argues that the representative tax system (RTS), which is a standard form of tax base equalization, can internalize interregional externalities due to capital mobility. Although this conventional view holds when per unit tax on capital is imposed, it does not hold when corporate income is subject to tax. This paper proposes an efficient tax base equalization system
-
Heterogeneity, coordination and competition: the distribution of individual preferences in organisations Econ. Gov. (IF 0.781) Pub Date : 2022-12-23 Francisca Jiménez-Jiménez
-
How does municipal governance structure affect innovation and knowledge diffusion? Evidence from U.S. metro areas Econ. Gov. (IF 0.781) Pub Date : 2022-12-13 Gary A. Wagner, Timothy M. Komarek
-
Does economic freedom lighten the blow? Evidence from the great recession in the United States Econ. Gov. (IF 0.781) Pub Date : 2022-11-01 Justin T. Callais, Jamie Bologna Pavlik
The Great Recession led to a large decline in economic activity throughout the entire United States with significant variation in its severity across regions. Our paper examines the role of economic freedom in explaining these differences at the metropolitan statistical area (MSA) level. We use the Stansel (2013; 2019) MSA-level economic freedom index to analyze the relationship between institutional
-
The Perils of Regulating COVID–19: Insights from Kirznerian Entrepreneurship and Ostromian Polycentricity Econ. Gov. (IF 0.781) Pub Date : 2022-11-01 Stefanie Haeffele, Jordan K. Lofthouse, Agustin Forzani
During the COVID-19 pandemic, governments at every level in the United States made various policies to reduce the spread of the disease and to mitigate pandemic-related economic impacts. Such policies included stay-at-home orders that shuttered “non-essential” businesses and economic stimulus programs that provided financial assistance. Using Israel Kirzner’s insights from “The Perils of Regulation
-
College sports governance: “Amateurism” enforcement in big time college sports Econ. Gov. (IF 0.781) Pub Date : 2022-10-26 Rodney Fort
-
Professional team sporting success: do economic and personal freedom provide competitive advantages? Econ. Gov. (IF 0.781) Pub Date : 2022-10-07 Anna Bykova, Dennis Coates
-
CEO political orientation, risk taking, and firm performance: evidence from the U.S. property-liability insurance industry Econ. Gov. (IF 0.781) Pub Date : 2022-10-06 Sangyong Han, Kwangmin Jung
We examine how CEOs’ political orientation can affect risk-taking behavior and firm performance in U.S. property-liability insurance companies. Using information on political donations made by CEOs to measure their political identity, we document a strong relationship between CEOs’ political conservatism and risk-averse behavior in insurers’ decision-making. We find that the more Republican leaning
-
Incentives of a monopolist for innovation under regulatory threat Econ. Gov. (IF 0.781) Pub Date : 2022-09-23 Ismail Saglam
-
An artefactual field experiment of group discrimination between sports fans Econ. Gov. (IF 0.781) Pub Date : 2022-08-27 Craig A. Depken, Adam J. Hoffer, Abdul H. Kidwai
-
A theory of autocratic transition by government leaders: prerequisites to self-enforcing democracy Econ. Gov. (IF 0.781) Pub Date : 2022-07-14 Thomas Apolte
-
Consolidated city–county governments and economic stability Econ. Gov. (IF 0.781) Pub Date : 2022-07-11 Josh Matti, Amir B. Ferreira Neto
With economic development as a primary aim of city–county consolidations, a theoretical and empirical literature explores the effect of consolidation on economic conditions. However, despite the economic development effects arguably being most relevant during economic crisis, no studies have focused on consolidation’s effects during recession. Using county-level data from 13 states across the United
-
State politics and gender diversity in sport governance Econ. Gov. (IF 0.781) Pub Date : 2022-07-07 Lara Lesch, Shannon Kerwin, Pamela Wicker
This study investigates the relationship between state politics and sport governance based on an institutional framework and the concept of spillover effects. Specifically, it examines whether spillover effects occur from state parliament and government composition to board gender diversity within sport governing bodies. Organizational-level data from German national and state sport governing bodies
-
Did state antiquity matter for the size of the informal economy? Econ. Gov. (IF 0.781) Pub Date : 2022-07-04 Atangana Ondoa Henri, Seabrook Arthur Mveng
-
Political competition and economic performance: evidence from Indonesia Econ. Gov. (IF 0.781) Pub Date : 2022-06-07 Jahen F. Rezki
-
New sports facilities do not drive migration between US cities Econ. Gov. (IF 0.781) Pub Date : 2022-05-18 Imran Arif, Adam Hoffer, Brad Humphreys, Matthew Style
Migrants play a vital role in economic development, and city amenities play an important role in attracting migrants. This paper explores the role of one such amenity—major league sports stadiums—plays in intra-U.S. migration decisions. We use Internal Revenue Service tax-filing data and stadium construction data for major sports stadiums between 1991 and 2014 to create an unbalanced panel of migration
-
Third-party intervention in secessions Econ. Gov. (IF 0.781) Pub Date : 2022-03-22 Friedhelm Hentschel
This paper presents and solves a model of ethnically motivated warfare which treats annexations as the explicit outcomes of secessions. An ethnic group within one country may want to engage in a secession in order to join its ethnic peers in the annexing country. The annexing country decides whether or not to support the separatist ethnic group in the conflict. I use this model to discuss how equilibrium
-
Correction to: United we feel stronger? On the Olympics and political ideology Econ. Gov. (IF 0.781) Pub Date : 2022-02-22 Josh Matti,Yang Zhou
-
The impact of winter Olympic games participation on NHL attendance Econ. Gov. (IF 0.781) Pub Date : 2022-02-18 Rodrigo Schneider, Peter von Allmen, Garrett Munck
The Winter Olympics occur once every four years during the first few weeks of February, which is in the middle of the National Hockey League (NHL) regular season. Prior to 1998, the International Olympic Committee prohibited participation by professional athletes. Beginning in that year, the governing body changed the policy to explicitly permit professionals to participate. For the next 20 years,
-
Shocks to issue salience and electoral competition Econ. Gov. (IF 0.781) Pub Date : 2022-02-14 Enriqueta Aragonès, Clara Ponsatí
We propose a two party electoral competition model to analyze the effects of an exogenous shock over the relative issue salience on the strategic policy choices of the parties. We find that both parties strategically shift their policy choices from their ideal points towards the ideal point of the median voter of the newly salient issue. The polarization of the distribution of the voters preferences
-
United we feel stronger? On the Olympics and political ideology Econ. Gov. (IF 0.781) Pub Date : 2022-02-04 Josh Matti, Yang Zhou
Collective ideologies are a feature of the Olympic Games as individual athletes represent entire nations. Prior research has explored one dimension of Olympic ideology, finding a link between national pride and hosting the Olympics. This paper extends the literature by considering a wider variety of ideological indicators, including willingness to fight for country, confidence in government, and beliefs
-
Does hosting a professional sports team benefit the local community? Evidence from property assessments Econ. Gov. (IF 0.781) Pub Date : 2022-02-03 John Charles Bradbury
Local governments often justify subsidizing sports stadiums as economic development projects that have positive returns on investment. If this is true, economic and quality-of-life spillovers that are capitalized in local property values ought to generate additional tax revenue for host municipalities through increased property assessments. This analysis uses the synthetic control method to estimate
-
Association membership, election cycles, and political donation patterns Econ. Gov. (IF 0.781) Pub Date : 2022-01-27 Ted Hayduk
There is increasing attention on the intersection of sports and politics, with a particular focus on tying owners’ political donations to organization-level outcomes. However, the extant research leverages within-league panels of donations over time, so we know little about inter-league heterogeneities of political donations. Furthermore, extant work does not explicitly investigate the effect of election
-
Country performance during the Covid-19 pandemic: externalities, coordination, and the role of institutions Econ. Gov. (IF 0.781) Pub Date : 2021-12-10 Lago-Peñas, Santiago, Martinez-Vazquez, Jorge, Sacchi, Agnese
The Covid-19 pandemic is one of the most powerful examples of negative externalities in local communities, entire countries and across the globe, calling for the coordination of policies at all levels. We focus on the role played by institutions at the country level in fighting the spread of Covid-19 by making policy coordination more difficult or, on the contrary, more effective. Specifically, we
-
Exposure to tax dilemmas deteriorate individuals' self-declared tax morale Econ. Gov. (IF 0.781) Pub Date : 2021-09-23 Deglaire, Emmanuelle, Daly, Peter, Le Lec, Fabrice
This study reports on the impact of exposure to tax dilemmas on tax morale. We focus on young adults in their “impressionable years” and with little or no previous tax exposure in order to estimate the impact of actual (albeit experimental) exposure to tax dilemmas on their self-declared tax morale. First, we ascertain the participants’ (N = 385), representation and attitudes towards tax, and second
-
Tax evasion and inequality: some theoretical and empirical insights Econ. Gov. (IF 0.781) Pub Date : 2021-09-08 Amedeo Argentiero,Sandro Casal,Luigi Mittone,Azzurra Morreale
-
The zecca mint: a self-enforcing monetary constitution in historic venice Econ. Gov. (IF 0.781) Pub Date : 2021-08-16 Al-Bawwab, Rania Adel
Monetary history is largely a repeated narrative of currency debasement. Yet historic Venice (1172–1797), ruled by elite patricians, stands out as an example of relative monetary stability. This paper provides a historical case of Venice’s Zecca Mint which provided the elite patricians of Venice with a stable currency, playing a role in fostering the economic success of the Republic of Venice. This
-
The fragmentation of views in a democracy Econ. Gov. (IF 0.781) Pub Date : 2021-08-05 Samsonov, Arseniy
Are voters in democracies more competent if there are more media outlets? To answer this question, I provide a game-theoretic model of media capture and political persuasion in democratic countries. In the model, there are two politicians, the Incumbent and the Challenger. They co-opt the media by offering them access to information. In exchange, the media support politicians who are available for
-
Tax compliance is not fundamentally influenced by incidental emotions: An experiment Econ. Gov. (IF 0.781) Pub Date : 2021-07-26 Janina Enachescu, Ziga Puklavec, Jerome Olsen, Erich Kirchler
The present study investigates the impact of incidental emotions on tax compliance behavior in an experimental setting. Different theories are divided about how experiencing incidental emotions should influence tax decisions and the few existing studies yield inconsistent results. Our aim was to investigate differences between three specific emotions, namely anger, fear, and happiness. This allowed
-
Dismantling the south-west coalition: further evidence of distributive politics in preemption legislation Econ. Gov. (IF 0.781) Pub Date : 2021-07-16 William J. Byrd, John A. Dove
The factors influencing legislative voting behavior have often been studied. This is especially true regarding antebellum federal preemption legislation. Several conjectures have been posited and evaluated within the literature, with historical analysis suggesting geographic coalitions playing a dominant role. However, more recent empirical research based on a distributive theory of politics casts
-
The limit of law: factors influencing the decision to make harmful acts illegal Econ. Gov. (IF 0.781) Pub Date : 2021-06-01 Thomas J. Miceli, Murat C. Mungan
This paper examines factors affecting the decision of whether or not to make certain harmful acts illegal. It considers factors related both to the cost of law enforcement and to the crime commission decision. On the enforcement side, illegality is limited by the existence of fixed notice and response costs, which are unrelated to the harm from the act, and also by costs of imposing punishment. In
-
Sharing, gift-giving, and optimal resource use in hunter-gatherer society Econ. Gov. (IF 0.781) Pub Date : 2021-05-17 Matthew J. Baker, Kurtis J. Swope
Hunter-gatherer societies are characterized by decentralized decision making and shared access to resources. Goods are distributed via reciprocal exchange, sharing, and gift-giving, in the end resulting in relatively equal distribution. Work effort, however, is not distributed equally; the best hunters exert a disproportionate share of productive effort. We argue that these features of the hunter-gatherer
-
Does expenditure in public governance guarantee less corruption? Non-linearities and complementarities of the rule of law Econ. Gov. (IF 0.781) Pub Date : 2021-04-26 Omar A. Guerrero, Gonzalo Castañeda
Corruption is an endemic societal problem with profound implications in the development of nations. In combating this issue, cross-national evidence supporting the effectiveness of the rule of law seems at odds with poorly realized outcomes from reforms inspired in the academic literature. This paper provides an explanation for such contradiction. By building a computational approach, we develop three
-
Organizing high-end restaurants Econ. Gov. (IF 0.781) Pub Date : 2021-04-15 Ennio E. Piano
This paper develops a theory of the organization of high-end restaurants. I identify the high degree of output complexity produced by these establishments as the industry’s fundamental characteristic. This high degree of output complexity leads to reputational investments by restaurants, which in turn affects their organizational structure. In particular, my theory addresses the prevalence of chef-owned
-
The social costs of crime: the erosion of trust between citizens and public institutions Econ. Gov. (IF 0.781) Pub Date : 2021-04-11 Angelo Cozzubo, Elard Amaya, Juan Cueto
More than half the population considers lack of security a significant national problem in Peru, and one in four citizens has reported being the victim of a crime. However, empirical evidence remains scarce and does not factor in the social cost of crime. To this end, this paper seeks to contribute by measuring the short-term and long-term impacts of crime victimization on trust in public institutions
-
The effect of California’s top-two primary system on voter turnout in US House Elections Econ. Gov. (IF 0.781) Pub Date : 2021-03-01 Daniel D. Bonneau, John Zaleski
This paper evaluates one potential impact of California’s Proposition 14, which created a top-two primary system for all non-Presidential election races within the state. Our analysis is twofold, with the concern of each analysis placed on voter roll off when the result of the top-two primary placed a non-traditional pairing of candidates on the ballot.We focus on U.S. House races using data at the
-
Tax evasion, technology, and inequality Econ. Gov. (IF 0.781) Pub Date : 2021-01-25 James Alm
Ensuring compliance with the tax laws is an enduring challenge for all governments. However, the methods by which governments enforce the tax laws, and by which individuals and firms evade their taxes, change over time, due at least in part to changing technology. In this paper I examine how changing technology, especially changes driven by the transformation of information into digital formats for
-
Oil bonanza and the composition of government expenditure Econ. Gov. (IF 0.781) Pub Date : 2021-01-21 Keisuke Okada, Sovannroeun Samreth
Government behavior can be affected by natural resource benefits. Benevolent government and political leaders may use them to improve the welfare of the people, whereas others may use them for their own interests. To examine the effects of oil bonanza on government behavior comprehensively, this study investigates how giant oilfield discoveries affect the size and composition of government expenditure
-
Cabinet size, power-sharing and ethnic exclusion in Africa Econ. Gov. (IF 0.781) Pub Date : 2021-01-19 Luc Désiré Omgba, Désiré Avom, Dieudonné Mignamissi
While it is often pointed out that African countries have large government cabinets that underpin economic performance, lesser is known about the factors behind the size of government cabinets in Africa. Using an original database of the number of ministerial appointments in government offices in 35 African states, this paper establishes a robust negative relationship between the size of the government
-
The autocratic gamble: evidence from robust variance tests Econ. Gov. (IF 0.781) Pub Date : 2020-10-27 Fabio Monteforte, Jonathan R. W. Temple
This paper examines whether autocracy is a gamble. Using robust variance tests and other analyses, we find that long-term growth varies more across autocracies than across democracies. This remains true even when richer countries are excluded from the sample. We also investigate channels, to see if the higher variance of growth outcomes across autocracies can be traced to a higher variance in investment
-
Democratizing Tech Giants! A roadmap Econ. Gov. (IF 0.781) Pub Date : 2020-10-22 Hans Gersbach
How society should deal with the self-strengthening Tech Giants is a much-discussed issue. We suggest to democratize them by giving users a say in their decisions. With newly-developed collective decision rules and user councils, democratization of Tech Giants becomes feasible and complements, e.g., competition and basic data protection laws.
-
The impact of environmental tax revenue allocation on the consequence of lobbying activities Econ. Gov. (IF 0.781) Pub Date : 2020-09-15 Minoru Nakada
This paper investigates how a tax revenue allocation rule determines the level of environmental taxation influenced by interest groups. A model of special interest politics is modified to incorporate environmental taxation. Two groups of agents exist. The first group earns wage income, has negative utility derived from pollution generated by energy consumption, and earns a profit share of the energy
-
Political leadership and the quality of public goods and services: Does religion matter? Econ. Gov. (IF 0.781) Pub Date : 2020-09-09 Aloys L. Prinz, Christian J. Sander
Despite some indications to the contrary, religion still plays an important role in contemporary society. In this paper, the association between religion and the quality of public goods and services, measured by the so-called “delivery quality” index of the Worldwide Governance Indicators project, is empirically investigated. Besides religion, different political regimes may also have a crucial impact
-
Elections and de facto expenditure decentralization in Canada Econ. Gov. (IF 0.781) Pub Date : 2020-09-01 Mario Jametti, Marcelin Joanis
This paper empirically investigates the underlying determinants of the respective roles of different levels of government in expenditure functions, guided by recent theoretical developments on the political economy of partial expenditure decentralization. We adopt a theoretical framework in which the degree of expenditure decentralization is endogenous and depends, in equilibrium, on the relative political