Journal of Government and Economics最新文献

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Don't blame me: A theory of politicians choosing policy advisors 别怪我:政客选择政策顾问的理论
Journal of Government and Economics Pub Date : 2023-06-01 DOI: 10.1016/j.jge.2023.100076
Arthur Fishman , Doron Klunover
{"title":"Don't blame me: A theory of politicians choosing policy advisors","authors":"Arthur Fishman ,&nbsp;Doron Klunover","doi":"10.1016/j.jge.2023.100076","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100076","url":null,"abstract":"<div><p>We present a model in which an imperfectly informed politician chooses between appointing an independent expert, whose advice is revealed to voters, and a loyal expert whose advice can be concealed from voters and who can therefore be blamed for a bad outcome. The politician is privately informed about which expert is more competent while Bayesian voters update beliefs about the expert's competence based on which expert is chosen and the outcome of the policy chosen by the politician. Voters are distributed such that some are biased toward a certain policy while others are not. We show that, under a majority voting rule, in equilibrium, the politician is unable to increase his chances of reelection by choosing the loyal expert and trying to shift the blame for a bad outcome on him.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"10 ","pages":"Article 100076"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50195185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Only under good governance does public debt improve national income: Evidence from dynamic panel threshold model for Sub-Saharan African countries 只有在良好治理下,公共债务才能提高国民收入:来自撒哈拉以南非洲国家动态面板阈值模型的证据
Journal of Government and Economics Pub Date : 2023-06-01 DOI: 10.1016/j.jge.2023.100078
Feissal Assoum , Alastaire Sèna Alinsato
{"title":"Only under good governance does public debt improve national income: Evidence from dynamic panel threshold model for Sub-Saharan African countries","authors":"Feissal Assoum ,&nbsp;Alastaire Sèna Alinsato","doi":"10.1016/j.jge.2023.100078","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100078","url":null,"abstract":"<div><p>This paper aims to explore the mediating role of governance in the relationship between per capita income and public debt in Sub-Saharan Africa. From a neoclassical production function and a dynamic panel threshold model, the paper estimates a model based on a sample of 39 countries in Sub-Saharan Africa over the period of 2002 to 2019. Our results indicate a non-linear relationship between per capita income and public debt, which is influenced by the quality of governance. In particular, the impact of public debt on per capita income depends on the level of governance quality. A governance threshold is identified, showing a minimum level of good quality of governance from which public debt has a positive effect on income. Moreover, the paper identified the most critical governance dimensions for optimizing the relationship between public debt and per capita income and provided policy suggestions.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"10 ","pages":"Article 100078"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50195186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Unemployment during the pandemic, taxation reforms, China's housing market, and governance of the African economy: Editors’ note to Volumes 9 and 10 of the Journal of Government and Economics 疫情期间的失业、税收改革、中国住房市场和非洲经济治理:《政府与经济杂志》第9卷和第10卷的编者按
Journal of Government and Economics Pub Date : 2023-06-01 DOI: 10.1016/j.jge.2023.100079
Zhangkai Huang, David Daokui Li
{"title":"Unemployment during the pandemic, taxation reforms, China's housing market, and governance of the African economy: Editors’ note to Volumes 9 and 10 of the Journal of Government and Economics","authors":"Zhangkai Huang,&nbsp;David Daokui Li","doi":"10.1016/j.jge.2023.100079","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100079","url":null,"abstract":"","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"10 ","pages":"Article 100079"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50195187","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Weak states and the commons: Fisheries and economic development in the Gaspé Peninsula circa 1830 弱国与公地:1830年左右加斯佩半岛的渔业和经济发展
Journal of Government and Economics Pub Date : 2023-06-01 DOI: 10.1016/j.jge.2023.100071
Vincent Geloso , Félix Foucher-Paquin
{"title":"Weak states and the commons: Fisheries and economic development in the Gaspé Peninsula circa 1830","authors":"Vincent Geloso ,&nbsp;Félix Foucher-Paquin","doi":"10.1016/j.jge.2023.100071","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100071","url":null,"abstract":"<div><p>The inefficiencies of common property fisheries are well-known to economists. To avoid over-exploitation, they propose multiple forms of government solution such as taxes, quotas and the enforcement of property rights regimes designed to avoid over-harvesting. But can efficient arrangements also exist under statelessness, or in the presence of weak states? One such example is the Gaspé Peninsula (in the Canadian province of Quebec) during the first half of the nineteenth century. There, a single firm (the Charles Robin Company) came to dominate the market and was able to restrict entry effectively. In this paper, we explain that it was able to do so by reducing the prices on imported goods that it would give to local fishermen in exchange for a part of their catch. This had the effect of deterring fishermen from contracting with other merchants as well as deterring other merchants from entering the market. It also made the region richer than most regions of Canada at the time, contrary to what historians have depicted. We take this as an example of the ability to deal with commons problems in the presence of weak states.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"10 ","pages":"Article 100071"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50194655","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Tax policy reform and universal basic income effectiveness in a currency union: Implications for long-term growth, inequality, and welfare 货币联盟中的税收政策改革和普遍基本收入有效性:对长期增长、不平等和福利的影响
Journal of Government and Economics Pub Date : 2023-06-01 DOI: 10.1016/j.jge.2023.100075
Thierry U. KAME BABILLA
{"title":"Tax policy reform and universal basic income effectiveness in a currency union: Implications for long-term growth, inequality, and welfare","authors":"Thierry U. KAME BABILLA","doi":"10.1016/j.jge.2023.100075","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100075","url":null,"abstract":"<div><p>This paper aims to assess tax policy reforms that can sustain universal basic income programs and foster long-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government and economics’ debate, we developed a Dynamic Stochastic General Equilibrium Model of universal basic income enriched with three fiscal policy strategies. Results demonstrate that the effectiveness of universal basic income on long-term growth, inequality, and welfare depends on the type of fiscal policy adopted by government to fund it, notably the trade-off between increasing the tax base or reducing public spending. First, under normal circumstances, universal basic income funded by completely eliminating oil subsidies appears to be the best policy for reducing inequality while increasing growth and welfare. Second, when the currency union faces a crisis, a universal basic income funded by increases in different taxes is more effective in combating stagflation and inequality than a universal basic income funded by total oil subsidy elimination. The welfare analysis confirms that, universal basic income funded by the increase in tax on capital gains and the increase in tax on corporate income is successful in reducing income inequality and consumption inequality and improving households’ living standards, its effects lead to higher welfare gains when the economy faces a crisis rather than the economy in normal times.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"10 ","pages":"Article 100075"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50195184","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
A Chinese mayor problem 中国市长问题
Journal of Government and Economics Pub Date : 2023-03-01 DOI: 10.1016/j.jge.2023.100070
Saku Aura , William A. Brock , Shawn Ni
{"title":"A Chinese mayor problem","authors":"Saku Aura ,&nbsp;William A. Brock ,&nbsp;Shawn Ni","doi":"10.1016/j.jge.2023.100070","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100070","url":null,"abstract":"<div><p>We solve an optimal land sale problem for a mayor who sells public land and uses the land sale revenue to finance infrastructure. Over an infinite horizon the mayor chooses land sale and infrastructure in each period to maximize the market value of the city net of the spending on infrastructure. The infrastructure spending is bounded by the land sale proceeds of the previous period. We show the optimization problem can be solved analytically. If it is profitable to sell land then it is profit-maximizing to sell it as early as the finance constraints permit. Finance constraints reduce the total size of land eventually sold.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"9 ","pages":"Article 100070"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50184149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
U.S. Unemployment insurance through the Covid-19 crisis 新冠肺炎危机中的美国失业保险
Journal of Government and Economics Pub Date : 2023-03-01 DOI: 10.1016/j.jge.2023.100069
Francesco Spadafora
{"title":"U.S. Unemployment insurance through the Covid-19 crisis","authors":"Francesco Spadafora","doi":"10.1016/j.jge.2023.100069","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100069","url":null,"abstract":"<div><p>The Unemployment Insurance (UI) system in the United States has played a decisive lifeline role in effectively mitigating the economic and social impact of the Covid-19 pandemic, which prompted the largest expansion of UI programs in history, one that is unprecedented in scope, scale and cost. However, the crisis has once again exposed some well-known challenges of the program, perhaps best epitomized by the steady decline since the 1980s of both the recipiency rate and the wage replacement rate, which is partly related to the UI system's funding structure. As a result, on the eve of the pandemic less than one in three unemployed workers used to collect UI benefits – of lower amounts and often for shorter periods of time than before – despite that the average duration of unemployment had almost doubled in the aftermath of the Great Recession. The pandemic has also laid bare additional shortcomings – most notably in the effectiveness of the UI delivery infrastructure to provide timely and accurate payments – which have prompted further calls for modernizing the UI system. The objective of this paper is threefold: first, after a brief description of the main structural characteristics of the UI system, it compares the role played by UI in mitigating the impact of the 2008–09 Great Recession and the 2020 Covid-19 pandemic; second, it reviews the empirical evidence from the pandemic on potential demand-side (countercyclical stabilization) and supply-side (job-search disincentives) effects of emergency extensions of UI programs. Finally, it discusses the main lessons that the expansion of UI programs to respond to the pandemic can offer to inform – and enrich – the debate on whether and how to reform the UI system. The experience with the UI system provides fundamental lessons that can usefully inform the debate on whether and how to introduce – for example in Europe – a common unemployment insurance scheme for macroeconomic stabilization.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"9 ","pages":"Article 100069"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50184143","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Active labor market as an instrument to reduce unemployment 积极的劳动力市场是降低失业率的工具
Journal of Government and Economics Pub Date : 2023-03-01 DOI: 10.1016/j.jge.2023.100065
Manuchehr Irandoust
{"title":"Active labor market as an instrument to reduce unemployment","authors":"Manuchehr Irandoust","doi":"10.1016/j.jge.2023.100065","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100065","url":null,"abstract":"<div><p>In order to have an impact on the labor market, welfare states must implement active labor market policies (ALMPs). The effectiveness of ALMPs has only been the subject of a few numbers of studies, the majority of which only take into account the short-term effects of ALMPs and use aggregate data. We examine the impact of public spending on female and male unemployment rates by disaggregating data on unemployment for nine OECD countries and focusing on long-term effects of ALMPs, primarily to determine whether there is evidence of causation between the variables. Based on the bootstrap panel Granger causality test, the estimates account for cross-sectional dependence, slope heterogeneity, and structural breaks. Although the causality direction varies by country, our study demonstrates that ALMPs are helpful at lowering unemployment. It's interesting to notice that these policies appear to have the most positive effects for women. Policymakers must provide appropriate support for ALMPs in order to effectively lower unemployment.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"9 ","pages":"Article 100065"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50184146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Erratum regarding missing Declaration of competing interest in previously published articles 关于先前发表的文章中遗漏竞争利益声明的勘误表
Journal of Government and Economics Pub Date : 2023-03-01 DOI: 10.1016/j.jge.2023.100066
{"title":"Erratum regarding missing Declaration of competing interest in previously published articles","authors":"","doi":"10.1016/j.jge.2023.100066","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100066","url":null,"abstract":"","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"9 ","pages":"Article 100066"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50184148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The background of political leaders and capital flight: Evidence from Africa, 政治领导人与资本外逃的背景:来自非洲的证据,
Journal of Government and Economics Pub Date : 2023-03-01 DOI: 10.1016/j.jge.2023.100068
Ajoumessi Houmpe Donal
{"title":"The background of political leaders and capital flight: Evidence from Africa,","authors":"Ajoumessi Houmpe Donal","doi":"10.1016/j.jge.2023.100068","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100068","url":null,"abstract":"<div><p>In studies of government and economics, an important issue is the relationship between the background of political leaders and economic performance. The aim of this paper is to empirically study the relationship between the background of political leaders and capital flight in Africa. Using a sample of 38 African countries from 2008 to 2018, we find that political horizon, the age and the profession of the political leaders stimulate capital flight, using Driscoll-Kraay methods, 2SLS and MLLI. Oil rent and corruption are the transmission channels that amplify the nature of the tenure-capital flight relationship. The results also highlight the existence of an inverted U-shaped relationship between political tenure and capital flight. On the other hand, high educated leaders, i.e. those with a master's degree and/or doctorate (HEL), contain the malaise; especially in oil-producing countries. It follows that in order to curb capital flight, it would be advisable to set up electoral laws that would perpetuate the accession to power of high educated leaders.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"9 ","pages":"Article 100068"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50184145","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
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