European Journal of Political Economy最新文献_第7页

Bread and the dilemmas of socialist paternalism in Israel, 1948–1977 1948-1977年，面包与以色列社会主义家长制的困境

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102366

引用次数: 0

Pro-growth inefficiency: Rents and moral hazard in infrastructure contests in China 支持增长的低效率:中国基础设施竞赛中的租金和道德风险

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102397

引用次数: 0

Leader characteristics and constitutional compliance 领导人的特点与遵守宪法

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102423

引用次数: 0

Philanthropy as politics: The precolonial Georgia project for a new start in life for England's poor 慈善与政治：殖民前的格鲁吉亚项目为英国穷人的生活开辟了新的开端

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102429

引用次数: 0

The growth-inequality debate revisited by rent-seeking theory: Some empirical evidence 寻租理论重新审视了增长与不平等的争论:一些经验证据

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102424

{"title":"The growth-inequality debate revisited by rent-seeking theory: Some empirical evidence","authors":"","doi":"10.1016/j.ejpoleco.2023.102424","DOIUrl":"10.1016/j.ejpoleco.2023.102424","url":null,"abstract":"<div><p>The growth/income inequality nexus is surrounded by theoretical as well as empirical ambiguities. These ambiguities can be lifted by focusing on the nature of inequalities and not their level. Inequalities may be the result of productive profit-seeking activities or unproductive rent-seeking activities. To re-assess empirically the growth/income inequality nexus, we first propose a strategy to approximate the nature of inequalities by an indicator of institutional quality. We propose an indicator of institutions' productivity which describes the prevalence of institutions favourable to the search for profit and institutions fostering the search for rents, and conversely. It is an indirect measure of the predominance of rent-seeking activities over profit-seeking ones, and conversely. Then, using a panel data covering the period 1990–2020 for 114 countries (88 developing countries and 26 developed countries) and relying on the two-way fixed effects technique to test our estimator, we show that countries where institutions' productivity is high, growth is positively related to income inequality. Conversely, growth is negatively related to income inequality in countries where institutions' productivity is low. There is thus a positive relationship between <em>productive inequalities</em> and growth in countries where profit-seeking institutions dominate the institutional setting. By analogy, in countries where rent-seeking institutions are dominant there is a negative relationship between <em>unproductive inequalities</em> and growth. Contrary to previous public policy recommendations, inequalities should not be tackled since they are pro-growth in countries with high levels of institutions’ productivity.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102424"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44692202","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

Pandemic panic? Effects of health system capacity on firm confidence during COVID-19 大流行性流感恐慌吗?COVID-19期间卫生系统能力对坚定信心的影响

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102422

引用次数: 0

School performance and retrospective voting: Evidence from local elections in Denmark 学校表现与回溯投票:来自丹麦地方选举的证据

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102426

引用次数: 0

Media fabrication of corruption and the quality of the political class: The case of Italy 媒体对腐败的捏造与政治阶层的素质:以意大利为例

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102461

引用次数: 0

Inequality aversion and government health expenditure 不平等厌恶与政府医疗支出

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102425

{"title":"Inequality aversion and government health expenditure","authors":"","doi":"10.1016/j.ejpoleco.2023.102425","DOIUrl":"10.1016/j.ejpoleco.2023.102425","url":null,"abstract":"<div><p><span>This paper explores a behavioural mechanism through which income inequality may be associated with population health. We consider a model with heterogeneous agents in which agents' preferences are characterized by income inequality aversion. Our analysis shows that spending on health-producing goods is inversely related to the agents’ degree of inequality aversion. A </span><em>Veblenesque</em> mechanism drives this relation: inequality averse poor agents wish to enjoy consumption levels closer to the average consumption levels in the economy but can only do so by reducing their expenditures on health. This leads to adverse outcomes for individuals and adverse political economy implications for health. In the political economy context, agents characterized by high inequality aversion vote for lower levels of government health spending. To specifically test this mechanism, we construct empirical measures of inequality aversion. Then, using these measures for a panel of 147 countries spanning 2008–2019, we find a significant negative impact of inequality aversion on allocations of public spending for healthcare. These results remain robust to different model specifications.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"84 ","pages":"Article 102425"},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46863528","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

Fiscal rules, capital controls, and cross-border financial integration 财政规则、资本管制和跨境金融一体化

IF 2.3 3区经济学

European Journal of Political Economy Pub Date : 2024-08-30 DOI: 10.1016/j.ejpoleco.2024.102594

Nour-eddine Ech-charfi

{"title":"Fiscal rules, capital controls, and cross-border financial integration","authors":"Nour-eddine Ech-charfi","doi":"10.1016/j.ejpoleco.2024.102594","DOIUrl":"10.1016/j.ejpoleco.2024.102594","url":null,"abstract":"<div><p>This paper shows that adopting fiscal rules (FRs) decreases the use of capital controls and increases cross-border financial integration. This result is robust to alternative measures of fiscal rules, capital controls, and international financial integration — it is also robust to alternative econometric approaches. It also shows that the adoption of fiscal rules increases financial integration. This paper innovatively employs a formal instrumental variables (IV) approach to tackle the endogeneity of the decision to adopt fiscal rules. The adoption of FRs is instrumented using the age dependency ratio (ADR). This strategy is particularly effective because adopting FRs is more likely when the ADR is relatively low, a finding well established in the empirical literature. Governments impose capital controls to channel domestic savings into the public sector, finance their excessive fiscal deficits, and reduce their borrowing costs. However, the uncertainty over the government's future fiscal policies may lead to capital flight. FRs ‘tie the hands’ of governments and induce them to commit themselves to fiscal discipline. Moreover, FRs can also reduce the government's borrowing costs. These effects of FRs render capital controls less necessary and lead policymakers to lift capital controls, resulting in higher cross-border financial integration.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"85 ","pages":"Article 102594"},"PeriodicalIF":2.3,"publicationDate":"2024-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142099460","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