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  • ddc:330  (9)
  • Internationale Wirtschaftsbeziehungen
  • Heidelberg: Springer  (7)
  • Göttingen: Georg-August-Universität Göttingen, Courant Research Centre - Poverty, Equity and Growth (CRC-PEG)  (2)
  • Göttingen: Ibero-Amerika-Inst. für Wirtschaftsforschung
  • 2010-2014  (9)
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  • 1
    Publication Date: 2013-07-18
    Description: A high court has to decide whether a lawis constitutional, unconstitutional, or interpretable. The voting system is runoff. Runoff voting systems can be interpreted both, as social choice functions or as mechanisms. It is known that, for universal domains of preferences, runoff voting systems have several drawbacks as social choice functions. Although in our setting the preferences are restricted to be singlepeaked over three alternatives, these problems persist. Runoff mechanisms are not well-behaved either: they do not implement any Condorcet consistent social choice function in undominated subgame perfect Nash equilibria. We show, however, that some Condorcet consistent social choice functions can be implemented in dominant strategies via other simple and natural mechanisms.
    Keywords: C72 ; D71 ; D78 ; ddc:330 ; runoff voting system ; Condorcet consistency ; strategy-proofness ; implementation theory ; Wahlsystem ; Condorcet-Paradoxon ; Nash-Gleichgewicht ; Nichtkooperatives Spiel ; Neue politische Ökonomie ; Theorie
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
    Type: doc-type:article
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  • 2
    Publication Date: 2013-07-18
    Description: We consider allocation problemswith indivisible goods when preferences are single-peaked. In this paper we identify the family of efficient, non-manipulable, consistent, and balanced solutions. We refer those solutions as Temporary Satisfaction Methods, that can be viewed as extensions to the indivisible case of the so-called uniform rule.
    Keywords: D61 ; D63 ; D74 ; ddc:330 ; allocation problem ; indivisibilities ; single-peaked preferences ; priority standard ; temporary satisfaction methods ; Allokationseffizienz ; Präferenztheorie ; Unteilbarkeit
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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  • 3
    Publication Date: 2013-07-18
    Description: While general equilibrium theories of trade stress the role of third-country effects, little work has been done in the empirical foreign direct investment (FDI) literature to test such spatial linkages. This paper aims to provide further insights into long-run determinants of Spanish FDI by considering not only bilateral but also spatially weighted third-country determinants. The few studies carried out so far have focused on FDI flows in a limited number of countries. However, Spanish FDI outflows have risen dramatically since 1995 and today account for a substantial part of global FDI. Therefore, we estimate recently developed spatial panel data models by maximum likelihood (ML) procedures for Spanish outflows (19932004) to top-50 host countries. After controlling for unobservable effects, we find that spatial interdependence matters and provide evidence consistent with new economic geography theories of agglomeration, mainly due to complex (vertical) FDI motivations. Spatial error models estimations also provide illuminating results regarding the transmission mechanism of shocks.
    Keywords: F21 ; F23 ; C31 ; C33 ; ddc:330 ; foreign direct investment ; spatial econometrics ; panel data ; Direktinvestition ; Allgemeines Gleichgewicht ; Maximum-Likelihood-Methode ; Schätzung ; Spanien
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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  • 4
    Publication Date: 2017-05-30
    Description: In this study, we consider the role of a publicly owned platform and programme quality in the free-to-air broadcasting industry. We compare the equilibrium levels of advertising under private and mixed duopoly competition, and show that the connection between programme quality and advertising incentives is drastically different in each scenario. We also consider the welfare implications of our analysis and generate policy implications regarding the optimal level of government intervention in the broadcasting industry.
    Keywords: L11 ; L33 ; L82 ; M37 ; ddc:330 ; Quality ; Mixed duopoly ; Advertising ; Media
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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  • 5
    Publication Date: 2017-05-30
    Description: This paper offers estimates of the underreporting of income by selfemployed workers using the Spanish household surveys over the period 2006-2009. We replicate the well-known approach by Pissarides and Weber (J Public Econ 39(1):17-32, 1989) but extending its interpretation for admitting also the concealment of income by salary workers. Our results show that the reported income by self-employed has to be increased by about 25 % to obtain the level of income which would equal the level of underreporting by employees. Our estimates are robust to changes in specification, endogeneity and non-linearities.
    Keywords: D12 ; H26 ; O17 ; ddc:330 ; Underreporting ; Household surveys ; Food consumption ; Tax evasion
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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  • 6
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    Göttingen: Georg-August-Universität Göttingen, Courant Research Centre - Poverty, Equity and Growth (CRC-PEG)
    Publication Date: 2019-12-12
    Description: We document a U-shaped relationship between income inequality and carbon dioxide emissions per capita, using a newly available panel data set on income inequality (GINI) with observations for 138 countries over the period 1960–2008. Our findings suggest that, for high-income countries with high income inequality, pro-poor growth and reduced per capita emissions levels go hand in hand.
    Keywords: I3 ; O1 ; Q3 ; ddc:330 ; environmental quality ; income inequality ; panel data
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
    Type: doc-type:workingPaper
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  • 7
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    Göttingen: Georg-August-Universität Göttingen, Courant Research Centre - Poverty, Equity and Growth (CRC-PEG)
    Publication Date: 2019-12-12
    Description: This paper uses the gravity model of trade to investigate the link between foreign aid and exports in recipient countries. Most of the theoretical work emphasizes the negative impact of aid on recipient countries’ exports primarily due to exchange rate appreciation, disregarding possible positive effects of aid in promoting bilateral trade relations. The empirical findings, in contrast, indicate that the net impact of aid on recipient countries’ exports is positive -even though the macroeconomic impact of aid is rather small- and that the average return for recipients’ exports is about 1.50 US$ for every aid dollar spent. We argue that “bilateral aid” seems to promote good bilateral trade relations, mutual trust and familiarity and that those factors reinforce bilateral trade, including recipient country exports. The paper also estimates the effect of different types of aid (bilateral aid versus multilateral aid flowing to a specific recipient) and studies aid’s contribution to an expansion of exports in different regions of the world. It is found that aid is strongly export-enhancing in Asia and Latin America, but not in Africa.
    Keywords: F10 ; F35 ; ddc:330 ; International trade ; foreign aid ; recipient exports ; bilateral trade relations
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
    Type: doc-type:workingPaper
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  • 8
    Publication Date: 2018-12-07
    Description: Background: Opioid addiction is a worldwide problem. Agonist opioid treatment (AOT) is the most widespread and frequent pharmacotherapeutic approach. Methadone has been the most widely used AOT, but buprenorphine, a partial kappa-opiod agonist and a my-opiod antagonist, is fast gaining acceptance. The objective was to assess the budgetary impact in Spain of the introduction of buprenorphine-naloxone (B/N) combination. Methods: A budgetary impact model was developed to estimate healthcare costs of the addition of B/N combination to the therapeutic arsenal for treating opioid dependent patients, during a 3-year period under the National Health System perspective. Inputs for the model were obtained from the specialized scientific literature. Detailed information concerning resource consumption (drug cost, logistics, dispensing, medical, psychiatry and pharmacy supervision, counselling and laboratory test) was obtained from a local expert panel. Costs are expressed in euros (€, 2010). Results: The number of patients estimated to be prescribed B/N combination was 2,334; 2,993 and 3,589 in the first, second and third year respectively. Total budget is €85,766,129; €79,855,471 and €79,137,502 in the first, second and third year for the scenario without B/N combination. With B/N combination the total budget would be €86,589,210; €80,398,259 and €79,708,964 in the first, second and third year of the analyses. Incremental cost/ patient comparing the addition of the B/N combination to the scenario only with methadone is €10.58; €6.98 and €7.34 in the first, second and third year respectively. Conclusion: Addition of B/N combination would imply a maximum incremental yearly cost of €10.58 per patient compared to scenario only with methadone and would provide additional benefits.
    Keywords: ddc:330 ; Buprenorphine-naloxone, Methadone, budgetary impact, opioid dependence, Spain
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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  • 9
    Publication Date: 2018-12-07
    Description: This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth in Mexico over the period 1969 - 2011. With an ARDL-type model, the statistical results suggest that the availability of private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have contributed negatively to the increase in private credit, liquid liabilities, and financial development. A key outcome is that one percent increase in inflation is associated with a 0.07 % fall in long-run real rate of output through its effect on bank credit to the private sector. Another crucial finding is that policies of financial liberalization have helped stimulate economic growth. Reinforcing the literature on finance and growth, this study reaffirms that inflation rates are detrimental to long-run financial development and economic growth.
    Keywords: E31 ; G21 ; E44 ; O4 ; C22 ; ddc:330 ; Inflation ; Private sector bank credit ; Financial development ; Growth
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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