Institutions And Incentives In Public Policy
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Author | : Elinor Ostrom |
Publisher | : Westview Press |
Total Pages | : 292 |
Release | : 1993-03-18 |
Genre | : Business & Economics |
ISBN | : |
The authors present a method for systemically comparing alternative institutional arrangements for the development of rural infrastructure.
Author | : Philip Keefer |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2003 |
Genre | : Democracy |
ISBN | : 0031210104 |
Countries vary systematically with respect to the incentives of politicians to provide broad public goods, and to reduce poverty. Even in developing countries that are democracies, politicians often have incentives to divert resources to political rents, and to private transfers that benefit a few citizens at the expense of many. These distortions can be traced to imperfections in political markets, that are greater in some countries than in others. The authors review the theory, and evidence on the impact of incomplete information of voters, the lack of credibility of political promises, and social polarization on political incentives. They argue that the effects of these imperfections are large, but that their implications are insufficiently integrated into the design of policy reforms aimed at improving the provision of public goods, and reducing poverty.
Author | : Timothy J. Bartik |
Publisher | : W.E. Upjohn Institute |
Total Pages | : 180 |
Release | : 2019-10-15 |
Genre | : Political Science |
ISBN | : 0880996684 |
Bartik provides a clear and concise overview of how state and local governments employ economic development incentives in order to lure companies to set up shop—and provide new jobs—in needy local labor markets. He shows that many such incentive offers are wasteful and he provides guidance, based on decades of research, on how to improve these programs.
Author | : Austan Goolsbee |
Publisher | : University of Chicago Press |
Total Pages | : 259 |
Release | : 2022-03-25 |
Genre | : Business & Economics |
ISBN | : 022680545X |
A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.
Author | : Rosolino A. Candela |
Publisher | : Rowman & Littlefield |
Total Pages | : 317 |
Release | : 2022-07-18 |
Genre | : Political Science |
ISBN | : 1538160943 |
Institutions and Incentives in Public Policy: An Analytical Assessment of Non-Market Decision-Making explores, both in theory and in practice, the consequences of using public policy as a tool to achieve specific individual and social goals, as well as its impact on private solutions to address such goals. The chapters examine the institutional incentives that operate in non-market settings, both governmental and non-governmental, using the theoretical frameworks of market process theory and public choice theory, they analyze a diverse set of contemporary public policy issues at both the domestic and international levels. Authored by individuals from a variety of disciplines with diverse interests in public policy, this work includes discussions of topics, such as foreign aid, education policy, environmental policy, health care policy, and the construction of private cities. This volume is relevant to scholars, students, policymakers, and knowledgeable citizens interested in the study of economics, political science, public policy, as well as those interested in particular policies rather than specific disciplines.
Author | : Nathan M. Jensen |
Publisher | : Cambridge University Press |
Total Pages | : 271 |
Release | : 2018-03-15 |
Genre | : Political Science |
ISBN | : 1108311423 |
Policies targeting individual companies for economic development incentives, such as tax holidays and abatements, are generally seen as inefficient, economically costly, and distortionary. Despite this evidence, politicians still choose to use these policies to claim credit for attracting investment. Thus, while fiscal incentives are economically inefficient, they pose an effective pandering strategy for politicians. Using original surveys of voters in the United States, Canada and the United Kingdom, as well as data on incentive use by politicians in the US, Vietnam and Russia, this book provides compelling evidence for the use of fiscal incentives for political gain and shows how such pandering appears to be associated with growing economic inequality. As national and subnational governments surrender valuable tax revenue to attract businesses in the vain hope of long-term economic growth, they are left with fiscal shortfalls that have been filled through regressive sales taxes, police fines and penalties, and cuts to public education.
Author | : Wolfgang Kasper |
Publisher | : Edward Elgar Publishing |
Total Pages | : 552 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : |
A dense textbook for students and others with a basic understanding of economics. Introduces the idea of institutions as rules that constrain possibly opportunistic human behavior, protect individual spheres of freedom, help avoid or mitigate conflicts, and enhance the division of labor and knowledge, thereby promoting prosperity, which Wolfgang and Streit value over comfort. Under foundations they discuss human behavior, fundamental human values, and individual rules. Their applications include the institutional foundations of capitalism, the dynamics of competition, economic organizations, public policy as collective action, the international dimension, the evolution of institutions, alternative economic systems, and reforming the mixed economies. Annotation copyrighted by Book News, Inc., Portland, OR
Author | : Ana Teresa Tavares-Lehmann |
Publisher | : Columbia University Press |
Total Pages | : 369 |
Release | : 2016-07-12 |
Genre | : Business & Economics |
ISBN | : 0231541643 |
Governments often use direct subsidies or tax credits to encourage investment and promote economic growth and other development objectives. Properly designed and implemented, these incentives can advance a wide range of policy objectives (increasing employment, promoting sustainability, and reducing inequality). Yet since design and implementation are complicated, incentives have been associated with rent-seeking and wasteful public spending. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.
Author | : Douglass C. North |
Publisher | : Cambridge University Press |
Total Pages | : 164 |
Release | : 1990-10-26 |
Genre | : Political Science |
ISBN | : 9780521397346 |
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Author | : Claude Ménard |
Publisher | : Edward Elgar Publishing |
Total Pages | : 488 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : |
A presentation of contributions from some of the world's leading economists, including Ronald Coase and Douglass North. It demonstrates the extent and depth of the New Institutional Economics research programme with special emphasis on the interaction between institutional factors.