Committee Decisions under Alternative Procedural Rules: An Experimental Study Applying a New Nonmonetary Method of Preference Inducement

Committees operating with simple majority rule procedures and with closed rule procedures are studied. A new method (the duplicate method) was used to induce preferences. The results of the control experiments compare favorably to those for which monetary incentives have been used. In all cases the core is a relatively accurate model of committee choices

Committee Decisions under Alternative Procedural Rules: An Experimental Study Applying a New Nonmonetary Method of Preference Inducement

Committees operating with simple majority rule procedures and with closed rule procedures are studied. A new method (the duplicate method) was used to induce preferences. The results of the control experiments compare favorably to those for which monetary incentives have been used. In all cases the core is a relatively accurate model of committee choices

Government spending and economic growth in the European Union countries: an empirical approach.

The relationship between government spending and economic growth is an important and controversial issue in modern societies. In this paper, the correlation between economic growth and government expenditure is studied. The analysis is based on data for the European Union countries and panel data techniques are used

Threshold effect of foreign direct investment on environmental degradation

The aim of this paper is to investigate the threshold effect of foreign direct investment (FDI) on environmental degradation. In empirical analysis, FDI and environmental degradation are jointly determined under the given threshold variable and other exogenous variables. Using carbon dioxide (CO2) emissions per capita as a proxy for environmental degradation, the results show that increasing FDI worsens CO2 emissions after a threshold level of corruption has been reached. Our results demonstrate that increasing FDI will increase CO2 emissions when the degree of corruptibility is relatively high. The study suggests that further FDI and improved environmental quality are competing rather than compatible objectives in high-corruption countries and are compatible rather than competing objectives in low-corruption countries. Higher trade liberalization in low-corruption countries could contribute to negative environmental consequences because of the increased output or economic activity which results from increased trade. The robustness estimation confirms the evidence that pollution and economic development increase together up to a certain income level, after which the trend reverses.info:eu-repo/semantics/publishedVersio