发布求助
文献互助 智能选刊 最新文献

Kyklos最新文献

筛选
英文 中文
Data transparency and growth in developing economies during and after the global financial crisis 全球金融危机期间和之后发展中经济体的数据透明度与增长
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-07-30 DOI: 10.1111/kykl.12404
Asif Mohammed Islam, Daniel Lederman
{"title":"Data transparency and growth in developing economies during and after the global financial crisis","authors":"Asif Mohammed Islam,&nbsp;Daniel Lederman","doi":"10.1111/kykl.12404","DOIUrl":"10.1111/kykl.12404","url":null,"abstract":"<p>The study explores the effects of data transparency on economic growth for developing economies over a unique time period - at the onset of the 2007–2009 global financial crisis and thereafter. Data transparency is defined as the timely production of credible statistics as measured by the statistical capacity indicator. The paper finds that data transparency has a positive effect on real gross domestic product per capita during a period of considerable uncertainty. The estimates indicate an elasticity of the magnitude of 0.03 percent per year, which is much larger than the elasticity of trade openness and schooling in the estimation sample. The empirics employ a variety of econometric estimators, including dynamic panel and cross-sectional instrumental variables estimators, with the latter approach yielding a higher estimated elasticity. The findings are robust to the inclusion of several factors in addition to political institutions and exogenous commodity-price and external debt-financing shocks.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1169-1205"},"PeriodicalIF":1.5,"publicationDate":"2024-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141868166","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The nature and significance of the political ideal of the Rule of Law: Hayek, Buchanan, and beyond 法治这一政治理想的性质和意义：哈耶克、布坎南及其他
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-07-25 DOI: 10.1111/kykl.12407
Hartmut Kliemt
{"title":"The nature and significance of the political ideal of the Rule of Law: Hayek, Buchanan, and beyond","authors":"Hartmut Kliemt","doi":"10.1111/kykl.12407","DOIUrl":"10.1111/kykl.12407","url":null,"abstract":"<p>Hayek and Buchanan endorsed Böhm's “private law society” as expressive of the ideal of <i>a government of laws, and not of men</i>. But they also acknowledged that among the many, the enforceability of legal custom, adjudication, and legislation must be <i>politically</i> guaranteed by a state. Due to unavoidable state-involvement, risks of excessive rent-seeking and authoritarian arbitrary government loom large once “rules of rule change” enable sophisticated forms of ruling by law. Even if in WEIRDS (Western, Educated, Industrialized, Rich, Democratic, Societies) legal rules are enacted, modified, and derogated exclusively according to legal “rules of rule change,” the prevalence of the key attributes of “generality, certainty, and equality of enforcement” of the Rule of Law is in no way guaranteed. — The paper addresses this and the role, nature, and significance of constraining ruling <i>by</i> law through practicing the “political ideal of the Rule of Law”.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1084-1102"},"PeriodicalIF":1.5,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12407","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141777789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economic policy uncertainty and local government debt: Evidence from China 经济政策的不确定性与地方政府债务：来自中国的证据
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-07-17 DOI: 10.1111/kykl.12402
Han Gao, Minming Lan, Jie Li, Tianhang Zhou
{"title":"Economic policy uncertainty and local government debt: Evidence from China","authors":"Han Gao,&nbsp;Minming Lan,&nbsp;Jie Li,&nbsp;Tianhang Zhou","doi":"10.1111/kykl.12402","DOIUrl":"10.1111/kykl.12402","url":null,"abstract":"<p>This paper investigates the effects of economic policy uncertainty on local government debt issuance in China and identifies a transmission channel through the cost of capital. Our findings demonstrate that economic policy uncertainty raises the cost of external financing for local governments, leading to decreased levels of debt issuance. Specifically, a 1% increase in uncertainty related to economic policy variations leads to a reduction in government debt issuance of 0.0478%. In addition, our analysis reveals that local governments located in regions experiencing lower fiscal pressure, lower economic catch-up pressure, and higher sensitivity to uncertainty are more responsive to economic policy uncertainty changes.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1103-1141"},"PeriodicalIF":1.5,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141829358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Social capital, social heterogeneity, and electoral turnout 社会资本、社会异质性和选举投票率
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-07-17 DOI: 10.1111/kykl.12403
Jeremy Clark, Abel François, Olivier Gergaud
{"title":"Social capital, social heterogeneity, and electoral turnout","authors":"Jeremy Clark,&nbsp;Abel François,&nbsp;Olivier Gergaud","doi":"10.1111/kykl.12403","DOIUrl":"10.1111/kykl.12403","url":null,"abstract":"<p>Among the many studied determinants of voting, we predict that i) increased social capital will be positively associated with turnout, while increased heterogeneity will be negatively associated; ii) both factors will work through their influence on the costs of information gathering and on the social norms of voting; and iii) that heterogeneity will interact with social capital in its association with turnout. We test these predictions at the extremely fine “meshblock” level by regressing New Zealand voter turnout in its 2017 national election on its 2013 census characteristics. We use roughly 40,000 meshblock volunteering rates to measure social capital, and heterogeneity based primarily on ethnic fragmentation. We find social capital is positively associated with voter turnout, while heterogeneity is negatively associated. We find robust evidence consistent with ethnic heterogeneity working through information costs and social norms, but less so social capital. We also find a robust interaction between social capital and heterogeneity in their association with turnout, consistent with ethnic heterogeneity raising bridging social capital that has a stronger association with turnout than in-group bonding social capital.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1142-1168"},"PeriodicalIF":1.5,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141739836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Competitive federalism, individual autonomy, and citizen sovereignty 竞争性联邦制、个人自治和公民主权
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-07-16 DOI: 10.1111/kykl.12405
Viktor J. Vanberg
{"title":"Competitive federalism, individual autonomy, and citizen sovereignty","authors":"Viktor J. Vanberg","doi":"10.1111/kykl.12405","DOIUrl":"10.1111/kykl.12405","url":null,"abstract":"<p>The paper examines the <i>theory of competitive federalism</i>, focusing specifically on Hayek's and Buchanan's significant contributions to this theory. Looking at the rivalry between sub-units in federal systems and drawing an analogy between <i>market competition</i> and <i>intergovernmental competition</i>, the theory of competitive federalism stresses the critical role viable exit options play as operating force in both arenas. The principal claim argued for in this paper is that by exclusively focusing on exit in its <i>territorial dimension</i>, the theory of competitive federalism obfuscates the fact that “exit” can mean two critically different things in federal systems. It can mean <i>exiting from the territory</i> over which a government exercises its assigned authority, and it can mean exiting from a polity in the sense of <i>giving up one's membership status</i> in the respective community. The paper discusses the nature, the significance, and the implications of the difference between these two kinds of exit.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1048-1068"},"PeriodicalIF":1.5,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141739837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hayek, Buchanan and the justification of the market 哈耶克、布坎南与市场的合理性
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-07-11 DOI: 10.1111/kykl.12406
Robert Sugden
{"title":"Hayek, Buchanan and the justification of the market","authors":"Robert Sugden","doi":"10.1111/kykl.12406","DOIUrl":"10.1111/kykl.12406","url":null,"abstract":"<p>This paper discusses the work of two twentieth-century liberal economists, Friedrich Hayek and James Buchanan, who have made lasting contributions to our understanding of the role of the market in a free society. I argue that they offer significantly different but complementary visions of the value of the market as a system of individual freedom. Hayek's vision is of the price system as a marvel of spontaneous order which solves a fundamental economic problem – that of making efficient use of a totality of knowledge that is divided between individuals. Buchanan's vision is of the market as a space in which individuals are free to make voluntary exchanges. In his words, ‘this is all that there is to it’: the market is not a solution to any collective problem. These visions have a common blind spot. Both writers recognise the need for programmes of social insurance and consider how they should structured so as to be as compatible as possible with the workings of a market economy and a liberal democracy. But, I argue, neither sees the full importance of social insurance in a justification of the market system.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1069-1083"},"PeriodicalIF":1.5,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12406","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141613546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A spatial analysis of NATO burden sharing at the operational levels 北约在行动层面分担负担的空间分析
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-06-21 DOI: 10.1111/kykl.12401
Justin George, Todd Sandler
{"title":"A spatial analysis of NATO burden sharing at the operational levels","authors":"Justin George,&nbsp;Todd Sandler","doi":"10.1111/kykl.12401","DOIUrl":"10.1111/kykl.12401","url":null,"abstract":"<p>The paper applies connectivity measures—membership status, contiguity, inverse distance, and power projection—to investigate North Atlantic Treaty Organization (NATO) defense burden sharing at the operational or (defense spending) categorical levels (i.e., personnel, infrastructure, equipment, and operations and maintenance [O&amp;M]) during the post-Cold War era, 1991–2022. Alternative spatial weights, assigned to allies' operational-based spillovers, indicate diverse free-riding responses with the greatest free riding characterizing equipment, followed by O&amp;M and then personnel outlays. Infrastructure spending, which does not permit much substitution among allies, is understandably characterized by the least inter-ally free riding. After the Wales Summit and Russia's invasion of Crimea in 2014, there are marked changes to NATO free riding at the operational levels, with equipment spending displaying reduced free riding. Generally, there is little evidence of a positive reaction to increased Russian military expenditures; however, there is some enhanced operational spending by NATO allies nearest to Russia after 2014. Also, we estimate simultaneous spatial autoregressive models to gauge inter-operational spending responses to the four kinds of spillovers, where we find interesting inter-operational substitutions and complementarities.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1026-1047"},"PeriodicalIF":1.5,"publicationDate":"2024-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141529886","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The judicial superego: Implicit egoism, internalized racism, and prejudice in three million sentencing decisions 司法超我：三百万项判决决定中的隐性利己主义、内化的种族主义和偏见
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-06-19 DOI: 10.1111/kykl.12400
Daniel L. Chen
{"title":"The judicial superego: Implicit egoism, internalized racism, and prejudice in three million sentencing decisions","authors":"Daniel L. Chen","doi":"10.1111/kykl.12400","DOIUrl":"https://doi.org/10.1111/kykl.12400","url":null,"abstract":"<p>I document implicit egoism across 3 million sentencing decisions. In administrative data from the U.S. New Orleans District Attorney's office for 1988–1999 and Chile for 2014–2019, sentences are 8% longer and 2% longer, respectively, when the judge and defendant's first initials match. Name letter effects measure implicit self-esteem. Faced with ego threat, high self-esteem individuals punish negatively valenced targets as self-regulation. In New Orleans, effects are larger for Black defendants labeled by police as “N” rather than “B.” Consistent with recent theoretical models, Black–White sentence differences double for egoist judges, and this effect is especially pronounced among Black judges.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"1004-1025"},"PeriodicalIF":1.5,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142430107","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Lynching and economic opportunities: Evidence from the US South 私刑与经济机会：美国南部的证据
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-06-17 DOI: 10.1111/kykl.12397
Sotiris Kampanelis, Aldo Elizalde
{"title":"Lynching and economic opportunities: Evidence from the US South","authors":"Sotiris Kampanelis,&nbsp;Aldo Elizalde","doi":"10.1111/kykl.12397","DOIUrl":"https://doi.org/10.1111/kykl.12397","url":null,"abstract":"<p>This paper examines the impact of historical lynching on the economic opportunities of Black individuals today. Our results indicate that past lynchings have an adverse effect on the current economic opportunities of Black people, likely arising from persistent racial prejudice dating back to the early 20th century. We emphasize the importance of rapid urbanization, industrialization, and population mixing in the US South post-1880, which led to heightened competition among racial groups for economic, social, and political prominence, ultimately resulting in a surge of lynchings. Our findings survive a series of robustness checks.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"977-1003"},"PeriodicalIF":1.5,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12397","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142430131","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Revisiting the resource curse: Does volatility matter? 重新审视资源诅咒：波动性重要吗？
IF 1.5 3区 经济学
Kyklos Pub Date : 2024-06-17 DOI: 10.1111/kykl.12396
Yassine Kirat
{"title":"Revisiting the resource curse: Does volatility matter?","authors":"Yassine Kirat","doi":"10.1111/kykl.12396","DOIUrl":"https://doi.org/10.1111/kykl.12396","url":null,"abstract":"<p>Countries with abundant natural resources often possess greater wealth, yet the impact of these resources on economic growth remains unclear. This paper examines how natural-resource abundance and its volatility impact economic growth. It questions whether natural resources themselves are a curse or if the negative growth effects are due to the volatility of natural-resource revenues. The study also investigates how volatility of natural resources affects key economic growth channels, such as investment, human capital, and institutional quality. Using the standard panel model and panel smooth transition regression (PSTR), the paper analyzes data from 125 countries (1988–2020). Results show that natural-resource abundance boosts economic growth, contradicting the resource-curse theory. However, the growth impact is non-linear and varies with natural-resource volatility. Countries with high volatility face up to a 22 percentage point annual GDP growth loss compared with those with low volatility, suggesting that volatility and poor government responses drive the resource-curse paradox, not the abundance of resources per se.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"77 4","pages":"944-976"},"PeriodicalIF":1.5,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12396","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142430065","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信