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2006

Selected Works

Discipline
Institution
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Articles 1 - 15 of 15

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 ...


La Reforma Política Pendiente, Jose Luis Sardon Jan 2006

La Reforma Política Pendiente, Jose Luis Sardon

Jose Luis Sardon

El presente artículo identifica las claves institucionales que explican las repetidas frustraciones políticas del Perú. Argumenta que existen problemas de diseño tanto en el sistema de gobierno como en el sistema de representación. El Perú tiene un sistema de gobierno seudopresidencial, en el cual predomina un Congreso fragmentado e irresponsable, debido a que es elegido a través de un sistema de representación proporcional. Para tener bases políticas propicias para el desarrollo de los mercados, se requiere una reforma de tales instituciones políticas.


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.


An Economic Model Of Fair Use (With Thomas Miceli), Richard Adelstein Dec 2005

An Economic Model Of Fair Use (With Thomas Miceli), Richard Adelstein

Richard Adelstein

A formal model of the law of fair use.


National Bank Notes And Silver Certificates, James B. Thomson, Bruce A. Champ Dec 2005

National Bank Notes And Silver Certificates, James B. Thomson, Bruce A. Champ

James Thomson

From 1883 to 1892, the circulation of national bank notes in the United States fell nearly 50 percent. Previous studies have attributed this to supply-side factors that led to a decline in the profitability of note issue during this period. This paper provides an alternative explanation. The decline in note issue was, in large part, demand-driven. The presence of a competing currency with superior eatures caused the public to substitute away from national bank notes.


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 ...


How Society Makes Itself: The Evolution Of Political And Economic Institutions, Howard J. Sherman Dec 2005

How Society Makes Itself: The Evolution Of Political And Economic Institutions, Howard J. Sherman

HOWARD J SHERMAN

This radical account of the evolution of political, social, and economic institutions weaves together strands of anthropology, sociology, political science, history, and economics. In a highly readable text, Howard Sherman explains the interconnections of ideas and economic forces, and traces the evolution of social and economic institutions from primitive times to the present. Sherman focuses on the myth of "inevitable progress" in technology, and argues that it progresses only when social and economic institutions and dominant ideas encourage it to improve. He shows that throughout history technology, as a part of the economic forces, ebbs and flows to create or ...


Building An Agricultural Research For Development System In Africa., Cosmas Milton Obote Ochieng Ochieng, Adiel Mbabu Dec 2005

Building An Agricultural Research For Development System In Africa., Cosmas Milton Obote Ochieng Ochieng, Adiel Mbabu

Cosmas Milton Obote Ochieng Ochieng

This paper discusses how impact-oriented agricultural research for development systems in Africa can be better organized and managed. Specifically, the paper puts forth the argument that achieving the development targets set by African leaders and the international community, for example, through the Millennium Development Goals, will be extremely difficult without a satisfactory re-orientation of the organization and management of African research for development systems. Such a re-orientation involves carefully linking the agricultural research agenda with national development priorities; improving coordination, interaction, interlinkages, partnerships, and networks among system agents—that is, agricultural research institutes, extension systems, higher education institutions, farmer organizations ...