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Do revenue-neutral tax swaps boost growth? 税收中性的税收互换能促进经济增长吗?
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-07-27 DOI: 10.1080/17487870.2023.2238107
Hüseyin Şen, Ayşe Kaya
ABSTRACT Do revenue-neutral tax swaps boost growth? To answer this question, we use a panel data set of nine OECD countries for the period 1981-2017 and arrive at the following main results under revenue-neutral conditions: First, the most growth-damaging tax is the corporate income tax, followed by the personal income tax. Second, a shift from income taxes to consumption taxes is associated with higher growth, while a shift from social security contributions and property taxes to payroll & workforce taxes has significant negative effects on growth. Overall, our results confirm the view that revenue-neutral tax reforms focusing on a shift from income taxation to consumption and property taxation would promote growth.
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引用次数: 0
The effects of uncertainty shocks on income and wealth inequality 不确定性冲击对收入和财富不平等的影响
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-07-23 DOI: 10.1080/17487870.2023.2238105
Juan-Francisco Albert, Nerea Gómez-Fernández
This paper assesses the impact of uncertainty on income and wealth inequality in Germany, France, Italy and Spain. For that purpose, mixed-frequency SVAR models are used. The results show that unce...
本文评估了不确定性对德国、法国、意大利和西班牙收入和财富不平等的影响。为此,使用了混合频率SVAR模型。结果表明,一旦……
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引用次数: 0
Fiscal austerity vs. expansionary fiscal policy: on the results of these opposed economic policies applied to fight recessions 财政紧缩与扩张性财政政策:对这些对立的经济政策应用于对抗衰退的结果
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-07-21 DOI: 10.1080/17487870.2023.2238109
Joaquim Vergés-Jaime
ABSTRACT This paper presents an inquiry into the observed results when governments have implemented one or other type of (opposed) economic policy prescribed in economics to reverse the consequences of a global economic crisis –like that unleashed in 2008–. An updated assessment of the evidence in this respect is developed, through a review of available empirical studies and analysis of the outcomes -in terms of recovery of economic activity- of having applied one and the other ‘competing’ economic policies. The approach focuses on the causal relationships involved, mainly between variations in public spending/fiscal deficit and changes in economic activity’s indicators.
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引用次数: 0
Addressing Policy Challenges of Disruptive Technologies 应对颠覆性技术的政策挑战
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-07-03 DOI: 10.1080/17487870.2023.2238867
Araz Taeihagh
ABSTRACT This special issue examines the policy challenges and government responses to disruptive technologies. It explores the risks, benefits, and trade-offs of deploying disruptive technologies, and examines the efficacy of traditional governance approaches and the need for new regulatory and governance frameworks. Key themes include the need for government stewardship, taking adaptive and proactive approaches, developing comprehensive policies accounting for technical, social, economic, and political dimensions, conducting interdisciplinary research, and addressing data management and privacy challenges. The findings enhance understanding of how governments can navigate the complexities of disruptive technologies and develop policies to maximize benefits and mitigate risks.
本期特刊探讨了政策挑战和政府对颠覆性技术的反应。它探讨了部署颠覆性技术的风险、收益和权衡,并检查了传统治理方法的有效性以及对新监管和治理框架的需求。关键主题包括政府管理的必要性,采取适应性和前瞻性的方法,制定综合政策,考虑技术、社会、经济和政治层面,开展跨学科研究,以及解决数据管理和隐私挑战。这些发现加深了人们对政府如何驾驭颠覆性技术的复杂性并制定政策以实现利益最大化和降低风险的理解。
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引用次数: 1
The effects of international financial inflows on economic complexity in Africa: does institutional quality play a moderation role? 国际金融流入对非洲经济复杂性的影响:制度质量是否起调节作用?
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-06-07 DOI: 10.1080/17487870.2023.2220862
Jonathan E. Ogbuabor, Ekene ThankGod Emeka, A. Orji, Fidelia N. Onuigbo
ABSTRACT We investigated the effects of international financial inflows (remittances, foreign direct investment and foreign aid) on economic complexity in Africa and the moderation role of institutional quality. We used the dynamic system GMM framework for a panel of 31 African countries over the period 2010–2020. We find that these international financial inflows are significant drivers of economic complexity in Africa, and that institutional quality is significantly moderating and enhancing their effects on economic complexity. Among other recommendations, we encourage policymakers in Africa to continually create an enabling environment to attract these financial inflows in order to promote sustainable investment and economic growth.
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引用次数: 2
Navigating the governance challenges of disruptive technologies: insights from regulation of autonomous systems in Singapore 驾驭颠覆性技术的治理挑战:来自新加坡自治系统监管的见解
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-04-12 DOI: 10.1080/17487870.2023.2197599
Devyani Pande, Araz Taeihagh
ABSTRACT The proliferation of autonomous systems like unmanned aerial vehicles, autonomous vehicles and AI-powered industrial and social robots can benefit society significantly, but these systems also present significant governance challenges in operational, legal, economic, social, and ethical dimensions. Singapore’s role as a front-runner in the trial of autonomous systems presents an insightful case to study whether the current provisional regulations address the challenges. With multiple stakeholder involvement in setting provisional regulations, government stewardship is essential for coordinating robust regulation and helping to address complex issues such as ethical dilemmas and social connectedness in governing autonomous systems.
摘要无人机、自动驾驶汽车以及人工智能驱动的工业和社会机器人等自动驾驶系统的普及可以极大地造福社会,但这些系统也在运营、法律、经济、社会和伦理方面带来了重大的治理挑战。新加坡作为自治系统试验的领跑者,为研究现行临时法规是否应对挑战提供了一个有见地的案例。由于多个利益相关者参与制定临时法规,政府管理对于协调强有力的法规和帮助解决管理自治系统中的道德困境和社会联系等复杂问题至关重要。
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引用次数: 2
The moderating role of institutional and credit constraints on the nexus between bribery and policy consistency 制度和信贷约束对贿赂和政策一致性之间关系的调节作用
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-03-15 DOI: 10.1080/17487870.2023.2187391
H. Phạm, Leavitt Ha, Doan Ngoc Thang, Trung-Thanh To
ABSTRACT This article is the first to examine whether bribery hurts or promotes policy consistency for firms confronting institutional and credit constraints by using World Bank Enterprise Surveys covering 104 developing countries from 2002 to 2006. By using the questionnaire that is only available in the 2002-2006 survey, policy consistency is measured by firms’ perception of the degree of consistency in officials’ interpretation of the law. Bribery reduces the consistency of policy implementation. The adverse impact of bribery on policy consistency is evident only in lower-income countries. Furthermore, these effects become more significant for firms facing institutional and credit constraints.
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引用次数: 0
Trust and the behavioral economics of automatic enrollment in pensions: a comparison of the UK and Poland 信任与养老金自动登记的行为经济学——英国和波兰的比较
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2023-02-27 DOI: 10.1080/17487870.2023.2179488
Kamila Bielawska, J. Turner
ABSTRACT Experience in the UK with auto enrolling workers in pensions indicates that once enrolled, most workers stay enrolled, suggesting that auto enrollment may be a desirable policy for other countries. However, the experience with auto enrollment is much different in Poland. This paper examines the argument that inertia is not a strong force when workers distrust in the security of future pension benefits. We present a simple conceptual framework where trust affects the subjective probability distribution of workers relating to future pension benefits. We investigate how this framework might explain the high opt-out rate in Poland.
摘要英国养老金自动登记的经验表明,一旦登记,大多数工人都会继续登记,这表明自动登记对其他国家来说可能是一项可取的政策。然而,波兰的自动注册体验却大不相同。本文研究了这样一种论点,即当工人不信任未来养老金福利的安全性时,惰性并不是一股强大的力量。我们提出了一个简单的概念框架,其中信任影响工人与未来养老金福利相关的主观概率分布。我们调查了这一框架如何解释波兰的高选择退出率。
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引用次数: 1
Non-linearity and the threshold effect of transparency on economic growth: evidence from developing countries 非线性和透明度对经济增长的阈值效应:来自发展中国家的证据
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2022-10-02 DOI: 10.1080/17487870.2022.2136175
S. Law, S. Damayanti, Ali M. Kutan, Irwan Trinugroho
ABSTRACT This study examines the linear and non-linear threshold impacts of transparency on economic growth in 70 developing countries from 1984 through 2018, utilizing panel generalized method of moments (GMM) and dynamic-panel threshold estimations. We find that the impact of transparency on growth is stronger when we use non-linear GMM, and dynamic-panel threshold estimations. There is a U-shaped relationship between transparency and economic growth, while transparency is found to stimulate economic growth, especially in a high-transparency threshold regime. The result reveals that financial development plays an important role in moderating the transparency–economic growth nexus in developing countries.
摘要本研究利用面板广义矩法和动态面板阈值估计,考察了1984年至2018年70个发展中国家透明度对经济增长的线性和非线性阈值影响。我们发现,当我们使用非线性GMM和动态面板阈值估计时,透明度对增长的影响更强。透明度与经济增长之间存在U型关系,而透明度可以刺激经济增长,尤其是在高透明度阈值制度下。结果表明,金融发展在调节发展中国家的透明度与经济增长关系方面发挥着重要作用。
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引用次数: 1
An integrated complex adaptive governmental policy response to cyberthreats 针对网络威胁的综合复杂适应性政府政策响应
IF 2.1 3区 经济学 Q1 DEVELOPMENT STUDIES Pub Date : 2022-09-21 DOI: 10.1080/17487870.2022.2125390
T. Porter, Netina Tan
ABSTRACT This article analyzes the policy options available to governments for addressing the very costly economic impacts of cybersecurity threats. It contributes to complexity thinking in public policy. Complexity involves self-organization, emergence, feedback loops, and adaptation. We show that these are present with cyberthreats. In contrast to plans that involve a series of linear steps to a specific outcome, complexity thinking recommends adaptive design, which creates processes that involve coordinated decentralized capacity for experimentation and resilience. These are illustrated with an examination of the 2007 nation-wide cyberattack on Estonia and the lessons learned from this attack.
本文分析了政府应对网络安全威胁带来的代价高昂的经济影响的政策选择。它有助于公共政策的复杂思考。复杂性包括自组织、涌现、反馈循环和适应。我们展示了这些都存在于网络威胁中。与涉及一系列线性步骤的特定结果的计划相反,复杂性思维推荐适应性设计,它创建了涉及协调分散的实验能力和弹性的过程。通过对2007年爱沙尼亚全国范围内的网络攻击以及从这次攻击中吸取的教训,可以说明这些问题。
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引用次数: 2
期刊
Journal of Economic Policy Reform
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