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Hayek, Buchanan and the justification of the market 哈耶克、布坎南与市场的合理性
IF 1.9 3区 经济学 Q2 ECONOMICS Pub Date : 2024-07-12 DOI: 10.1111/kykl.12406
Robert Sugden
This paper discusses the work of two twentieth‐century liberal economists, Friedrich Hayek and James Buchanan, who have made lasting contributions to our understanding of the role of the market in a free society. I argue that they offer significantly different but complementary visions of the value of the market as a system of individual freedom. Hayek's vision is of the price system as a marvel of spontaneous order which solves a fundamental economic problem – that of making efficient use of a totality of knowledge that is divided between individuals. Buchanan's vision is of the market as a space in which individuals are free to make voluntary exchanges. In his words, ‘this is all that there is to it’: the market is not a solution to any collective problem. These visions have a common blind spot. Both writers recognise the need for programmes of social insurance and consider how they should structured so as to be as compatible as possible with the workings of a market economy and a liberal democracy. But, I argue, neither sees the full importance of social insurance in a justification of the market system.
本文讨论了两位二十世纪自由主义经济学家弗里德里希-哈耶克和詹姆斯-布坎南的著作,他们为我们理解市场在自由社会中的作用做出了持久的贡献。我认为,他们对市场作为个人自由体系的价值提出了截然不同但又相辅相成的看法。哈耶克认为,价格体系是自发秩序的奇迹,它解决了一个基本的经济问题--即如何有效地利用被个人瓜分的全部知识。布坎南认为,市场是个人自由进行自愿交换的空间。用他的话说,"仅此而已":市场并不能解决任何集体问题。这些观点有一个共同的盲点。两位作家都认识到社会保险计划的必要性,并考虑如何构建社会保险计划,以便尽可能地与市场经济和自由民主的运作相协调。但我认为,他们都没有充分认识到社会保险对市场体系的重要性。
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引用次数: 0
A spatial analysis of NATO burden sharing at the operational levels 北约在行动层面分担负担的空间分析
IF 1.9 3区 经济学 Q2 ECONOMICS Pub Date : 2024-06-21 DOI: 10.1111/kykl.12401
Justin George, Todd Sandler
The paper applies connectivity measures—membership status, contiguity, inverse distance, and power projection—to investigate North Atlantic Treaty Organization (NATO) defense burden sharing at the operational or (defense spending) categorical levels (i.e., personnel, infrastructure, equipment, and operations and maintenance [O&M]) during the post‐Cold War era, 1991–2022. Alternative spatial weights, assigned to allies' operational‐based spillovers, indicate diverse free‐riding responses with the greatest free riding characterizing equipment, followed by O&M and then personnel outlays. Infrastructure spending, which does not permit much substitution among allies, is understandably characterized by the least inter‐ally free riding. After the Wales Summit and Russia's invasion of Crimea in 2014, there are marked changes to NATO free riding at the operational levels, with equipment spending displaying reduced free riding. Generally, there is little evidence of a positive reaction to increased Russian military expenditures; however, there is some enhanced operational spending by NATO allies nearest to Russia after 2014. Also, we estimate simultaneous spatial autoregressive models to gauge inter‐operational spending responses to the four kinds of spillovers, where we find interesting inter‐operational substitutions and complementarities.
本文采用连通性度量--成员地位、毗连性、反向距离和力量投射--来研究后冷战时代(1991-2022 年)北大西洋公约组织(北约)在行动或(国防开支)分类层面(即人员、基础设施、装备以及运营和维护[O&M])的国防负担分担情况。对盟国基于行动的溢出效应所分配的不同空间权重表明了不同的搭便车反应,其中装备的搭便车反应最大,其次是运营和维护,然后是人员支出。基础设施支出不允许盟国之间有太多的替代,因此可以理解为盟国之间的搭便车现象最少。在威尔士峰会和 2014 年俄罗斯入侵克里米亚之后,北约在行动层面的自由支配发生了明显变化,装备支出的自由支配减少。总体而言,几乎没有证据表明俄罗斯增加军费会带来积极反应;但是,2014 年后,距离俄罗斯最近的北约盟国的行动支出有所提高。此外,我们还估算了同步空间自回归模型,以衡量行动间支出对四种溢出效应的反应,我们发现了有趣的行动间替代和互补性。
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引用次数: 0
Self‐love, growth, and competition in a public good game 公益游戏中的自爱、成长和竞争
IF 1.9 3区 经济学 Q2 Arts and Humanities Pub Date : 2024-05-28 DOI: 10.1111/kykl.12394
Annarita Colasante, Andrea Morone, Francesco Nemore, Paola Tiranzoni
Competition and cooperation are not always at odds and contributions to public goods are almost never one‐off one‐shot temporally isolated events. We examine voluntary contribution in a new public good experiment where “self‐love” competitive motivations and time dynamic interdependencies are simultaneously considered. The competitive motivations are manipulated via subjects competing in each group (intragroup competition) for higher return factors on their public expenditure, whereas time dynamic interdependencies are modeled by letting returns from previous periods available for future contributions to public goods (CG). We ran two control conditions where intragroup competition (C) and time dynamic interdependencies (G) are separately implemented. Our findings showed that shares of endowment contributed were significantly greater and increasing over time when endowments growth and heterogeneous returns factors were simultaneously introduced. This effect can be attributed to return factors obtained in previous periods. Accordingly, wealth exponential growth has been greatly accelerated relative to our control condition. Distributive equity concerns have been also documented. Although Gini coefficients were significantly lower in the presence of heterogeneous return factors and endowments growth, inequality trends seemed to converge at control condition values in the long term.
竞争与合作并不总是对立的,对公益事业的贡献几乎从来都不是一次性的、在时间上孤立的事件。我们在一项新的公益实验中研究了自愿捐助问题,在这项实验中,"自爱 "竞争动机和时间动态相互依存关系被同时考虑。竞争动机是通过受试者在各组中竞争(组内竞争)以获得公共开支的更高回报系数来操纵的,而时间动态相互依赖则是通过让前一时期的回报用于未来的公共产品捐助(CG)来模拟的。我们采用了两种控制条件,分别实施组内竞争(C)和时间动态相互依存(G)。我们的研究结果表明,当同时引入禀赋增长和异质回报因素时,禀赋贡献的份额显著增加,且随时间推移而增加。这种效应可归因于前期获得的回报因素。因此,相对于我们的控制条件,财富指数增长大大加快。分配公平问题也得到了证实。虽然在存在异质回报因素和禀赋增长的情况下,基尼系数明显降低,但从长期来看,不平等趋势似乎向控制条件值靠拢。
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引用次数: 0
The sun's position at birth is unrelated to subjective well‐being: Debunking astrological claims 出生时太阳的位置与主观幸福感无关:揭穿占星术的谎言
IF 1.9 3区 经济学 Q2 Arts and Humanities Pub Date : 2024-05-27 DOI: 10.1111/kykl.12395
Mohsen Joshanloo
Beliefs linking zodiac signs to personality traits, life outcomes, and well‐being remain widespread across various cultures. This study examined the relationship between Western zodiac signs and subjective well‐being in a nationally representative American sample from the General Social Survey (N = 12,791). Well‐being was measured across eight components: general unhappiness, depressive symptoms, psychological distress, work dissatisfaction, financial dissatisfaction, perceived dullness of one's life, self‐rated health, and unhappiness with marriage. Parametric and nonparametric analyses consistently revealed no robust associations between zodiac signs and any of the well‐being variables, regardless of whether demographic factors were controlled for. The effect sizes were negligible, accounting for 0.3% or less of the variance in well‐being, demonstrating that zodiac signs lack predictive power for well‐being outcomes. An additional analysis revealed that astrological signs were no more predictive of than random numbers. Thus, a randomly generated number between 1 and 12 is statistically as predictive of one's well‐being as one's zodiac sign. These findings challenge popular astrological claims about the influence of zodiac signs on well‐being and quality of life.
在各种文化中,将十二星座与人格特质、生活结果和幸福感联系在一起的观念仍然很普遍。本研究以具有全国代表性的美国一般社会调查样本(N = 12,791)为对象,研究了西方十二星座与主观幸福感之间的关系。幸福感的测量包括八个方面:总体不幸福感、抑郁症状、心理困扰、工作不满意、经济不满意、认为生活枯燥乏味、自评健康和婚姻不幸福。参数分析和非参数分析一致显示,无论是否控制了人口统计学因素,十二星座与任何幸福变量之间都没有强有力的关联。效应大小微乎其微,仅占幸福感变异的 0.3% 或更少,这表明十二星座对幸福感结果缺乏预测力。另一项分析表明,星座对幸福感的预测能力并不比随机数字强。因此,在统计学上,一个随机产生的 1 到 12 之间的数字与一个人的黄道星座一样,都能预测一个人的幸福感。这些研究结果对流行的占星学关于十二星座对幸福和生活质量的影响的说法提出了质疑。
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引用次数: 0
Elections and policies: Evidence from the Covid pandemic 选举与政策:科威德大流行的证据
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2024-05-26 DOI: 10.1111/kykl.12387
Daryna Grechyna

This paper explores the impact of political elections on public policies during the Covid pandemic, distinguishing between economic (supportive) and noneconomic (restrictive) policies in a panel of countries that held political elections during 3 years of pandemic, 2020–2022. An event study, controlling for the evolution of the pandemic in terms of Covid cases and deaths, as well as country and time fixed effects, reveals significant adjustments in the Covid-related restrictive, lockdown-type, policies but not in the Covid-related economic support policies before political elections during the first half of the pandemic. The pre-election policy adjustments included a gradual easing of the restrictions before elections and were driven by the changes in the restrictions that were more likely to directly affect the electorate, such as the restrictions on workplace closing, gatherings, and public events. The presence of the pre-election restrictions adjustment is conditional on the economic and political characteristics of the country, such as the state of democracy, the degree of political competition, the overall restrictions stringency, and the income level.

本文探讨了科维德疫情期间政治选举对公共政策的影响,并对在 2020-2022 年科维德疫情三年期间举行政治选举的国家进行了经济(支持性)和非经济(限制性)政策的区分。事件研究控制了大流行病在 Covid 病例和死亡人数方面的演变,以及国家和时间固定效应,结果显示,在大流行病的前半期,在政治选举之前,与 Covid 相关的限制性、封锁型政策有显著调整,但与 Covid 相关的经济支持政策没有调整。选举前的政策调整包括在选举前逐步放宽限制,而且是由更有可能直接影响选民的限制措施的变化所驱动的,如对关闭工作场所、集会和公共活动的限制。选举前限制措施调整的存在取决于国家的经济和政治特征,如民主状况、政治竞争程度、总体限制措施的严格程度以及收入水平。
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引用次数: 0
Unemployment and households' food consumption: A cross-country panel data analysis across OECD countries 失业与家庭食品消费:经合组织国家的跨国面板数据分析
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2024-05-21 DOI: 10.1111/kykl.12386
Jim Been, Vincent Bakker, Olaf van Vliet

Using a panel of all 38 OECD countries for the time period 1980–2020, we estimate elasticities between aggregate unemployment and households' average food consumption. For food consumption measured in calorie intake, we find a small but statistically and economically significant negative elasticity of about 0.02 with unemployment. This elasticity is about 0.03 for food spending measured in protein intake which suggests that unemployment most likely leads to decreases in the quality of food primarily, on average. These findings are robust to a wide variety of consumption definitions, functional forms, types of wealth and income fluctuations, countries considered, and institutions considered. Our results suggest that unemployment insurance benefits and households' savings both matter for the size of the elasticity, thereby operating as automatic stabilizers.

我们利用 1980-2020 年期间所有 38 个经合组织国家的面板数据,估算了总失业率与家庭平均食品消费之间的弹性。对于以卡路里摄入量衡量的食品消费,我们发现失业率与食品消费之间的负弹性很小,但在统计和经济上都很显著,约为 0.02。对于以蛋白质摄入量衡量的食品支出,这一弹性约为 0.03,这表明失业很可能导致食品质量的平均下降。这些发现对各种消费定义、函数形式、财富和收入波动类型、所考虑的国家和机构都是稳健的。我们的结果表明,失业保险福利和家庭储蓄都会影响弹性的大小,从而起到自动稳定器的作用。
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引用次数: 0
The advantages of being disadvantaged 弱势群体的优势
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2024-05-16 DOI: 10.1111/kykl.12388
Alexandre Bohas, Gilles Grolleau, Naoufel Mzoughi

Although many contributions examine how individuals and various entities (e.g., organizations and countries) manage to obtain a (competitive) advantage, there is a knowledge gap on how to make the best of disadvantages. Using notably the theories of self-enhancement and psychological reactance, the existing literature has explained the mechanisms that can motivate and support an entity to get out from a disadvantageous position. We go further by addressing the “how” issues. We conceptualize disadvantages and adopt a provocative stance by showing how they can be transformed into valuable opportunities. Specifically, we document how being disadvantaged may be a driver of compensatory behaviors, effectual thinking, and innovation and serves as an emotional bond and in-group marker. We also draw managerial and policy implications that offer a refreshing view on how to take advantage of disadvantages, such as changing the non-market context and promoting the disadvantage as a market differentiation factor. As a caveat, adopting this stance should not be interpreted as a catch-all solution that exonerates stakeholders from doing their part in providing support to disadvantaged entities.

尽管许多文献研究了个人和各种实体(如组织和国家)如何获得(竞争)优势,但在如何充分利用劣势方面还存在知识空白。现有文献主要利用自我提升和心理反应理论,解释了激励和支持实体摆脱不利地位的机制。我们将进一步解决 "如何 "的问题。我们将劣势概念化,并采取一种挑衅性的立场,说明如何将劣势转化为宝贵的机遇。具体来说,我们记录了弱势如何成为补偿行为、有效思维和创新的驱动力,以及如何成为情感纽带和群体内标志。我们还得出了管理和政策方面的启示,为如何利用劣势提供了耳目一新的观点,例如改变非市场环境,将劣势作为市场差异化因素加以推广。需要注意的是,采取这种立场不应被解释为一种包罗万象的解决方案,使利益相关者不必为弱势实体提供支持。
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引用次数: 0
Slave trades, kinship structures and women's political participation in Africa 非洲的奴隶贸易、亲属关系结构和妇女参政
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2024-05-13 DOI: 10.1111/kykl.12384
Leoné Walters, Carolyn Chisadza, Matthew Clance

We study whether present-day women's political participation in sub-Saharan Africa is associated to the temporary gender ratio imbalances caused by the transatlantic and Indian Ocean slave trades, taking into account pre-existing gender norms influenced by kinship structures. To study the interrelatedness between historical exposure to the slave trades, patrilineality and their association to contemporary women's political participation, we use individual-level data for 35,595 women from 28 sub-Saharan African countries from three rounds of Afrobarometer surveys, georeferenced to historical ethnic region kinship and slave trade data. Our findings suggest that a woman's ethnic region historical exposure to the transatlantic slave trade is associated with an increase in her likelihood to vote today, however, only in non-patrilineal ethnic regions. This effect is mitigated in patrilineal ethnic regions, where women have less decision-making power. This paper contributes to the literature on the contemporary sub-national effects of the slave trades and the historical causes of gender gaps in political participation.

我们研究了撒哈拉以南非洲地区现今的妇女参政情况是否与跨大西洋和印度洋奴隶贸易造成的暂时性性别比例失衡有关,同时考虑到受亲属关系结构影响的先前存在的性别规范。为了研究历史上贩卖奴隶的经历、父系关系及其与当代妇女参政之间的相互关系,我们使用了三轮非洲晴雨表调查中来自 28 个撒哈拉以南非洲国家的 35 595 名妇女的个人层面数据,并与历史上的民族地区亲属关系和贩卖奴隶数据进行了地理参照。我们的研究结果表明,妇女所在的民族地区历史上曾经历过跨大西洋奴隶贸易,这与她今天投票的可能性增加有关,但只有在非父系民族地区才会如此。在父系民族地区,这种影响有所减弱,因为在父系民族地区,妇女的决策权较小。本文为有关贩卖黑奴的当代次国家影响和政治参与中性别差距的历史原因的文献做出了贡献。
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引用次数: 0
Satisfaction with public goods provision and citizen preferences for institutional changes: Evidence from the dictatorship-era constitution in Chile 对公共产品提供的满意度和公民对制度变革的偏好:智利独裁时期宪法的证据
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2024-05-02 DOI: 10.1111/kykl.12385
Andrés A. Acuña-Duarte, Javier A. León, César A. Salazar

We argue that a deficient provision of public goods may influence citizen satisfaction with the status quo, thereby encouraging demands for institutional changes. We formalize and test this relationship using prior data related to the recent constitutional process carried out in Chile to replace its dictatorship-era constitution. Individual-level data from the Chile 2016/17 AmericasBarometer survey are used to estimate ordered and multinomial probit models to study the determinants of citizen preferences for constitutional change, distinguishing between amendment and replacement. The main findings reveal that preferences for reforming the Chilean constitution can be driven by greater discontent with public goods provision. These results remain robust when estimating pseudo-panel models using cohort-level data and examining coefficient stability. Moreover, higher levels of corruption are associated with a stronger demand for constitutional replacement, suggesting a potential rupture in the shared social contract due to poor governance and lower political equality.

我们认为,公共产品供应不足可能会影响公民对现状的满意度,从而鼓励对制度变革的需求。我们利用智利最近为取代独裁时期宪法而开展的制宪进程的相关数据,正式确定并检验了这一关系。我们使用智利 2016/17 年美洲晴雨表调查中的个人层面数据来估计有序和多叉概率模型,以研究公民宪法改革偏好的决定因素,并对修改和替换进行区分。主要研究结果表明,智利宪法改革的偏好可能是由对公共产品提供的更大不满所驱动的。在使用队列级数据对伪面板模型进行估计并考察系数稳定性时,这些结果仍然是稳健的。此外,较高的腐败水平与较强的宪法替代需求相关联,这表明由于治理不善和政治平等程度较低,共同的社会契约可能会破裂。
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引用次数: 0
Social media effects on well-being: The hypothesis of addiction of a new variety 社交媒体对幸福的影响:新型成瘾假说
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2024-04-29 DOI: 10.1111/kykl.12380
Maurizio Pugno

Recent evidence shows that social media use has negative effects on well-being of children and youths. However, the underlying reasons are unclear, as social media are means that can also serve beneficial purposes. We propose the hypothesis that social media induce users to harmful addiction of a new variety because such use is not toxic per se but becomes toxic by crowding out beneficial activities. We identify, in particular, the key mechanism in the change of time preference: While social media induce users to present-biassed activities, thus encouraged by how platforms are designed, they crowd out activities that develop skills and are forward-looking, such as education, volunteering and democratic participation. This triggers a vicious circle leading to a long run deterioration of well-being and skills that would have acted as an antidote to addiction. As implication, policies should address adequate information and education in general, as well as increased competition in the digital platform market. While the available evidence supports our hypothesis in many respects, more empirical research is needed.

最近的证据表明,社交媒体的使用对儿童和青少年的福祉产生了负面影响。然而,其根本原因尚不清楚,因为社交媒体是一种手段,也可以起到有益的作用。我们提出的假设是,社交媒体会诱使用户染上新的有害瘾,因为这种使用本身并无毒性,而是通过排挤有益的活动而变得有毒。我们特别指出了改变时间偏好的关键机制:虽然社交媒体会诱导用户进行现时性活动--平台的设计方式鼓励了这种活动,但社交媒体却挤走了培养技能和具有前瞻性的活动,如教育、志愿服务和民主参与。这就会引发恶性循环,导致福祉和技能的长期恶化,而这些本可以成为沉迷的解药。因此,政策应从整体上解决充分的信息和教育问题,并加强数字平台市场的竞争。虽然现有证据在许多方面支持我们的假设,但还需要更多的实证研究。
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引用次数: 0
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