Public Choice最新文献_第7页

Governing complex externalities: property rights for sharing radio spectrum 管理复杂的外部性:共享无线电频谱的产权

IF 1.6 3区经济学

Public Choice Pub Date : 2023-11-21 DOI: 10.1007/s11127-023-01108-2

Thomas W. Hazlett, Ali F. Palida, Martin B. H. Weiss

引用次数: 0

Institutional stickiness and Afghanistan’s unending revolution 制度的粘性和阿富汗无休止的革命

3区经济学

Public Choice Pub Date : 2023-11-09 DOI: 10.1007/s11127-023-01119-z

Tariq Basir, Ilia Murtazashvili, Jennifer Brick Murtazashvili

引用次数: 0

Why cronies don’t cry? IMF programs, Chinese lending, and leader survival 为什么密友不哭?国际货币基金组织的项目，中国的贷款，以及领导人的生存

3区经济学

Public Choice Pub Date : 2023-10-21 DOI: 10.1007/s11127-023-01114-4

Andreas Kern, Bernhard Reinsberg, Patrick E. Shea

{"title":"Why cronies don’t cry? IMF programs, Chinese lending, and leader survival","authors":"Andreas Kern, Bernhard Reinsberg, Patrick E. Shea","doi":"10.1007/s11127-023-01114-4","DOIUrl":"https://doi.org/10.1007/s11127-023-01114-4","url":null,"abstract":"Abstract Many countries in the Global South have increased their exposure to Chinese debt in recent years. With the COVID-19 pandemic and the US interest rate hike, many countries have struggled to meet their debt repayment obligations. As a result, they have turned to the International Monetary Fund (IMF) for emergency assistance. We argue that the involvement of the Fund wipes out much of the political benefits of China loans for executive leaders of borrowing countries. IMF conditionality requires countries to increase fiscal transparency, which threatens the viability of kickback schemes and increases the likelihood that corrupt leaders will be called out on their misdealing. As a result, we expect corrupt leaders with China debt to leave office earlier when they try to address debt defaults with IMF loans than when they avoid them. Using survival analysis on a dataset of 115 developing countries between 2000 to 2015, we find that leaders indebted to China that go under an IMF program leave office earlier compared to when they do not go under an IMF program. In line with our argument, this effect is strongest in more corrupt regimes. Our argument and analysis contribute to understanding international finance’s political economy, specifically how mixing creditors can be politically risky for leaders.","PeriodicalId":48322,"journal":{"name":"Public Choice","volume":"40 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135513171","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

Economic growth before and after the fiscal stimulus of 2008–2009: the role of institutional quality and government size 2008-2009年财政刺激前后的经济增长:制度质量和政府规模的作用

3区经济学

Public Choice Pub Date : 2023-10-20 DOI: 10.1007/s11127-023-01121-5

Andre Varella Mollick, Andre Coelho Vianna

引用次数: 0

Political and racial neighborhood sorting: How is it changing? 政治和种族社区分类:它是如何变化的?

3区经济学

Public Choice Pub Date : 2023-10-18 DOI: 10.1007/s11127-023-01120-6

Keith Ihlanfeldt, Cynthia Fan Yang

引用次数: 0

The impacts of political uncertainty on public financing costs: evidence from anti-corruption investigations in China 政治不确定性对公共融资成本的影响:来自中国反腐败调查的证据

3区经济学

Public Choice Pub Date : 2023-10-14 DOI: 10.1007/s11127-023-01111-7

Haoyu Gao, Fukang Chen, Yiling Ouyang

引用次数: 0

Failed secular revolutions: religious belief, competition, and extremism 失败的世俗革命:宗教信仰、竞争和极端主义

3区经济学

Public Choice Pub Date : 2023-10-14 DOI: 10.1007/s11127-023-01112-6

Jean-Paul Carvalho, Jared Rubin, Michael Sacks

{"title":"Failed secular revolutions: religious belief, competition, and extremism","authors":"Jean-Paul Carvalho, Jared Rubin, Michael Sacks","doi":"10.1007/s11127-023-01112-6","DOIUrl":"https://doi.org/10.1007/s11127-023-01112-6","url":null,"abstract":"Abstract All advanced economies have undergone secular revolutions in which religious belief and institutions have been subordinated to secular forms of authority. There are, however, numerous examples of failed secular transitions. To understand these failures, we present a religious club model with endogenous entry and cultural transmission of religious beliefs. A spike in the demand for religious belief, due for example to a negative economic shock, induces a new and more extreme organization to enter the religious market and exploit the dissatisfaction of highly religious types with the religious incumbent. The effect is larger where institutional secularization is more advanced, for example where the religious establishment has moderated itself or has been moderated by the political authority. The greater the moderation of the religious incumbent, the more extreme is the position chosen by the religious entrant, and the larger is the rise in religious participation. Hence, unanticipated shifts in religious demand can lead to the emergence of new and more extreme religious organizations and reverse previous trends toward secularization. Our model sheds light on the causes and consequences of failed secular revolutions and religious revivals in Latin America and Egypt.","PeriodicalId":48322,"journal":{"name":"Public Choice","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135803187","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

Complex externalities, pandemics, and public choice 复杂的外部性、流行病和公共选择

3区经济学

Public Choice Pub Date : 2023-10-09 DOI: 10.1007/s11127-023-01104-6

Ilia Murtazashvili, Yang Zhou

引用次数: 0

Regulatory capture in a resource boom 资源繁荣中的监管俘获

3区经济学

Public Choice Pub Date : 2023-10-06 DOI: 10.1007/s11127-023-01113-5

Timothy Fitzgerald

引用次数: 0

Road maintenance over the local election cycle 在地方选举期间修路