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2006

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Articles 1 - 9 of 9

Full-Text Articles in Political Economy

The Existence Of Non-Elite Private Schools, Francisco Martinez Mora Sep 2006

The Existence Of Non-Elite Private Schools, Francisco Martinez Mora

Francisco Martinez-Mora

We provide an explanation to the puzzle of the existence of paid-for private schools that offer lower quality education than some tuition-free public alternatives. We consider a model of a city composed of two communities: the urban area and the suburbs. The suburban public school provides higher quality education at an implicit price: the higher tax burden plus a housing rent premium. If that price is high enough and the urban public school has a sufficiently low quality, intermediate income households live in the urban area and use a private school. Intermediate quality private schools, then, exist to serve these ...


Assessment Of Capital Returns And Economics Of Investment In Khartoum Stock Exchange Market, Professor Issam A.W. Mohamed Aug 2006

Assessment Of Capital Returns And Economics Of Investment In Khartoum Stock Exchange Market, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Financial markets in a country are parts of modern economic systems and have definite impacts of its economic performance. However, in an underdeveloped economic structure there can be other targets o hidden activities for them. Such assumptions are provoked under totalitarian economic systems that impose cartel monopolies in a autocratic compradorism that own most of the companies and their stocks. The institutional structure of the prevailing economic system avails negative cost/benefits dealings to continue unaffected as the main profits have to come from other resources, e.g., money laundry. The private sector has to be monopolized in order to ...


Incorporating Policymaker Costs And Political Competition Into Rent-Seeking Games, R. Kenneth Godwin, Edward J. Lopez, Barry J. Seldon Jul 2006

Incorporating Policymaker Costs And Political Competition Into Rent-Seeking Games, R. Kenneth Godwin, Edward J. Lopez, Barry J. Seldon

Edward J. Lopez

We incorporate policymaker costs of supplying rents and variable intensities of competition among rent seekers into the standard rent-seeking game. By incorporating these aspects, the game has greater verisimilitude to the lobbying process. The first aspect captures the fact that in rent-seeking contests there is a positive probability that neither firm will obtain the rent. The second aspect captures the fact that firms seeking different rents still must compete for policymakers' resources. We find that lobbying expenditures, rent-seeking profits, and rent dissipation depend on the intensity of competition and the value of the rent relative to policymaker costs. For example ...


Assessment Of Capital Returns And Economics Of Investment In Khartoum Stock Exchange Market, Professor Issam A.W. Mohamed Mar 2006

Assessment Of Capital Returns And Economics Of Investment In Khartoum Stock Exchange Market, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Financial markets in a country are parts of modern economic systems and have definite impacts of its economic performance. However, in an underdeveloped economic structure there can be other targets o hidden activities for them. Such assumptions are provoked under totalitarian economic systems that impose cartel monopolies in a autocratic compradorism that own most of the companies and their stocks. The institutional structure of the prevailing economic system avails negative cost/benefits dealings to continue unaffected as the main profits have to come from other resources, e.g., money laundry. The private sector has to be monopolized in order to ...


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 ...


The Recognition Of Same-Sex Relationships: Comparative Institutional Analysis, Contested Social Goals, And Strategic Institutional Choice, Nancy J. Knauer Jan 2006

The Recognition Of Same-Sex Relationships: Comparative Institutional Analysis, Contested Social Goals, And Strategic Institutional Choice, Nancy J. Knauer

Nancy J. Knauer

The emerging field of comparative institutional analysis (CIA) has much to offer public policy analysts. However, the failure of CIA to address the dynamic process through which social goals are articulated limits the scope of its application to the largely prescriptive pronouncements of legal scholars. By examining the movement for equal recognition of same-sex relationships, this Essay builds on the basic observations of CIA and introduces a new dimension, namely the dynamic process through which social goals are articulated and social change is pursued. The acknowledgment that the production of social goals involves institutional behavior, as well as multiple sites ...


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 ...


Icts As Appropriate Technologies For Africa's Development, Cosmas Milton Obote Ochieng Ochieng Jan 2006

Icts As Appropriate Technologies For Africa's Development, Cosmas Milton Obote Ochieng Ochieng

Cosmas Milton Obote Ochieng Ochieng

No abstract provided.