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Full-Text Articles in Political Economy

Privatizing Public Enterprises In The European Union 1960-2002: Ideological, Pragmatic, Inevitable?, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín Jan 2006

Privatizing Public Enterprises In The European Union 1960-2002: Ideological, Pragmatic, Inevitable?, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín

Judith Clifton

Privatization, recognized as one of the most important economic policy reforms from the 1970s, has attracted significant attention from scholars, and the literature on the topic is now vast. Yet there is little agreement on the reasons why governments privatized. Three dominant paradigms explaining European Union (EU) privatization put forward distinct motivations. The ‘British paradigm’ assumed that market-friendly ideology played a significant role in a path towards a global programme inspired by the UK experience. The ‘multiple logics’ approach observed that the UK was an anomaly, not a leader, and that EU privatization was so diverse that there were few ...


Art Of The State: Explaining State-Level Appropriations To Arts Agencies, Douglas S. Noonan Jan 2006

Art Of The State: Explaining State-Level Appropriations To Arts Agencies, Douglas S. Noonan

Douglas S. Noonan

This report focuses on appropriations to state arts agencies (SAAs), a primary figure in arts and cultural policy in the United States. It examines a specific category of state government expenditures using variation over time and across states to identify the different influences on SAA appropriations. The statistical model sheds light on the fiscal, institutional, and demographic determinants of appropriations.


Urban Environments And Neighborhood Change: Exploring Urban Sorting Beyond The Featureless Plain, Douglas S. Noonan Jan 2006

Urban Environments And Neighborhood Change: Exploring Urban Sorting Beyond The Featureless Plain, Douglas S. Noonan

Douglas S. Noonan

This paper introduces environmental features explicitly into the analysis of urban residential sorting where geographic barriers can mitigate neighbor externalities. Borders between groups in equilibrium will be more stable when supported by barriers. The hypothesis that racial disparity between neighboring tracts is greater when a barrier separates them is tested for Atlanta in 1990 and 2000 and compared to previous results for Chicago. The econometric estimation accounts for spatial dependence in the data. Significant barrier effects are found for certain types of geographical features (e.g., railroads, landmarks). The effect on local racial dissimilarity of the major extension of the ...


The Uselessness Of Public Use, Abraham Bell, Gideon Parchomovsky Jan 2006

The Uselessness Of Public Use, Abraham Bell, Gideon Parchomovsky

Faculty Scholarship at Penn Law

No abstract provided.


The Essential Role Of Securities Regulation, Zohar Goshen, Gideon Parchomovsky Jan 2006

The Essential Role Of Securities Regulation, Zohar Goshen, Gideon Parchomovsky

Faculty Scholarship at Penn Law

No abstract provided.


Superfund, Hedonics, And The Scales Of Environmental Justice, Douglas S. Noonan, Brett M. Baden, Rama Mohana Turaga Dec 2005

Superfund, Hedonics, And The Scales Of Environmental Justice, Douglas S. Noonan, Brett M. Baden, Rama Mohana Turaga

Douglas S. Noonan

The environmental justice (EJ) movement now occupies a prominent position in environmental policy. EJ is a core principle for thousands of grassroots environmental organizations, is the subject of a Presidential executive order and an office in the EPA, and recently served to frame how the nation viewed the tragic aftermath of Hurricane Katrina. This paper contributes to the research on environmental equity by (a) improving on traditional environmental justice research by incorporating results from economic analyses, and (b) presenting new evidence on the distributional equity of Superfund site locations at multiple scales. Choosing the correct spatial scale for analysis continues ...