To cope with the stricter environmental regulation, manufacturing firms need to carry out pollution reduction activities and change their optimal production decisions, which may affect their labor demand.
Are COVID-19 spread and mortality related to different countries’ government mobility restriction policies, democratic institutions, and cultural norms? Leveraging data from 140 countries, we find that policy, institutions, and vulnerabilities interact to determine pandemic spread and mortality. A delay in restricting international mobility increases pandemic mortality. Combining vulnerabilities with a delay in domestic mobility restrictions increases mortality.
Since the public assessment of political leadership is more evident during crisis events, natural disasters have become a plausible explanation for electoral outcomes and public support. This imposes a prominent challenge for developing countries, which are less prepared to deal with catastrophes. This paper proposes a theoretical and an empirical approach to evaluate the unrestricted and conditional impact of natural disasters on the continuity of local authorities.
Literature on the resource curse argues that resource windfalls, such as those resulting from a commodity price boom, crowd out several determinants of long-term fiscal income (Papyrakis and Gerlagh, 2006). Although empirical literature tests this theory at an intercountry context, similar attention has not been paid to that of subnational governments. This different type of spatial scope would reveal how low-tier governments strategically behave in regard to resource windfalls and covering local costs.
To evaluate the management of Chilean universities in terms of their role as knowledge generators, the DEA methodology was applied to a subset of universities. Next, a fractional probit model was estimated with the efficiency scores obtained to explore factors that influence performance. The results show high levels of efficiency in research, with private institutions reporting higher scores than state institutions, and some important factors being detected in obtaining that performance.
In this paper we discuss the choice of taxation or regulation of environmental externalities. The subject might appear to be a well-trodden path, but we believe we have a new angle on this well-established question. We think we are being quite realistic when we assume that corrupt practices lurk behind every corner, threatening to derail the good intents of any regulator.
This study revisits the embedding effect, a long-standing problem in the nonmarket valuation literature. The embedding effect was a popular research topic during the 1990s, especially following the Exxon Valdez oil spill in Alaska. It has resurfaced after a special issue of The Journal of Economic Perspectives in 2012 in which Jerry Hausmann asserts that among the three long-standing problems with contingent valuation, the embedding effect is the most challenging.
