Endogenous trade policy through majority voting: an empirical investigation

The median-voter approach to trade policy determination (within a Heckscher-Ohlin framework) as in Mayer [Am. Econ. Rev. 74(5) (1984) 970] predicts that an increase in inequality, holding constant the economy’s overall relative endowments, raises trade barriers in capital-abundant economies and lowers them in capital-scarce economies. We find support for this prediction using cross-country data on inequality, capital-abundance and diverse measures of protection. We perform certain robustness checks that include controlling for the effects of political rights and schooling as well as using alternative datasets on factor endowments.     

Federalism with Bicameralism

We analyse how bicameralism can affect national fiscal policies in a federal country when vertical and horizontal externalities interact. Conditions are provided to show when, at equilibrium, the two chambers agree or disagree on the choice of a national capital tax rate, depending on whether or not the pivotal voter in the two chambers is the same.     

Political Marketing: The Cause of an Emerging Democratic Deficit in Britain?

SUMMARY

Political marketing, as a set of techniques for policy design and development, was welcomed as a route towards a more participatory form of democracy. However, as New Labour attempted to rebrand itself to suit key segments of the electorate, we find that voters are not participating to any greater extent. In fact sections of the electorate are rejecting the democratic process, feeling that parties have little care for those outside their target segment. This paper questions the way New Labour employed marketing and, drawing on primary data, relates this to the dramatic fall in turnout in 2001.     

The Poll Results Hypothesis

This empirical study seeks to broaden the interpretation of the rational voter model so as to reflect the potential impact of the results of polls of likely voters’ Presidential candidate preferences on the expected benefits of voting and hence on the voter participation rate. This study introduces the poll results hypothesis: in any given state, given the existence of the Electoral College, the greater the lead of a principal Presidential candidate over his/her closest rival as revealed in polls of likely voters, the lower, for at least some portion of prospective voters, the expected gross benefits of voting in that state and hence the lower the aggregate voter participation rate in that state. In a cross-section study of the 50 states during the 2004 general election, it is found, after allowing for a variety of other factors, that the greater the lead (as revealed in polls of likely voters) of either of the principal Presidential candidates over the other in any given state, the lower the voter turnout rate in that state.      

Women and Budget Deficits*

If women have different economic preferences than men, then female economic and political empowerment is likely to change economic policy, and in turn perhaps macroeconomic outcomes. In this paper, we narrow the focus to fiscal policy, and we investigate whether female enfranchisement affects government budget deficits. In a difference‐in‐differences regression for Swiss cantonal panel data, we find that the inclusion of women in the electorate has reduced deficits by a statistically significant amount.     

On intermediate utility functions

Intermediate utility functions have been recently introduced by Persson and Tabellini (2000, Political Economics: Explaining Economics Policy, MIT Press, Cambridge) and ensure the existence of a majority voting equilibrium at multi-dimensional voting. Here, we show that monotone transforms of these utility functions also are sufficient for the existence of a Condorcet winner.     

Restricting capital outflow

According to the “Capital Asset Pricing Model”, an individual can increase his utility by diversifying his capital across countries. If that is the case, then why do governments impose restrictions on capital outflow? This paper argues that foreign owners of capital have less political power than domestic ones and therefore capital liberalization weakens the political power that protects capital, increases the taxation of capital and thus reduces total investment. Indeed, most of the empirical evidence suggests that capital liberalization is positively correlated with government expenditure, social security spending and corporate taxation.     

Battleground states and voter participation in US presidential elections: an empirical test

The winner-take-all method of allocating Electoral College votes (in 48 of the 50 states) in US presidential elections has promoted interesting behaviours by politicians and states that are evident throughout US (economic) history. This analysis explores the impact that being a ‘battleground state’ in presidential elections has on future voter participation rates. After quantifying the degree to which each state is a battleground state, the empirical analysis proffers what it refers to as the ‘battleground voting hypothesis’, which argues that the greater the degree to which a given state is a battleground state, the greater the expected benefits from voting in that state and hence the greater the voter turnout in that state. The empirical results suggest that the top-to-bottom ‘battleground state effect’ generated an average of 7.8 additional percentage points in voter participation in presidential elections over the period 1964–2008 for those states at the top of the scale.     

比特串中值滤波

本文根据信号的分解性,对传统的多电平中值滤波(MF),提出了一种新的比特串中值滤波概念.其主要工作包括:(1)导出了比特串中值滤波的定义;(2)讨论了它的基本特性:(3)给出了它的实时信号处理电路结构和实验结果.     

模糊事故树分析在LPG储罐火灾爆炸风险中的应用

利用三角模糊数来表示LPG储罐火灾、爆炸事故的各个基本事件发生概率;在事故树及模糊算子的基础上,得出顶事件的概率分布;利用中值法进行模糊重要度分析,确立了影响系统的主要因素,为LPG储罐系统可靠性研究提供了技术途径。