EconStor Community:
http://hdl.handle.net/10419/75
2024-03-19T01:49:31ZTransit migration and crime: Evidence from Colombia
http://hdl.handle.net/10419/281803
Title: Transit migration and crime: Evidence from Colombia
Authors: Rey, Ramón; Schulze, Günther G.; Zakharov, Nikita
Abstract: This paper investigates the effect of Venezuelan transit migration on crime rates in Colombia. We exploit the reopening of the VenezuelaColombia border in 2016, which has led to a surge in transit migration, and geospatial information about the distinct routes through which the migrants crossed Columbia. Employing a difference-in-differences approach and propensity score matching, we find that transit migration increased property crime rates in crossed municipalities, with both native Colombians and Venezuelan refugees seeing higher victimization rates. Violent crimes remained unaffected. This is the first study to document a link between transit migration and crime.2024-01-01T00:00:00ZMarket democracy, rising populism, and contemporary ordoliberalism
http://hdl.handle.net/10419/281997
Title: Market democracy, rising populism, and contemporary ordoliberalism
Authors: Dold, Malte; Krieger, Tim
Abstract: For several decades, what has been called the "liberal cosmopolitan-minded urban elites" set the political agenda of Western democracies (Dold and Krieger 2019a). They aimed at personal freedom and upward social mobility by means of a meritocratic system that was safeguarded by a combination of a competitive market economy, a liberal and open democracy, and the rule of law (Fuest 2018). These elites welcomed the opening of the Iron Curtain as the "end point of mankind's ideological evolution and the universalization of Western liberal democracy" (Fukuyama 1989, 4). However, political realities have challenged this perspective severely in recent years (Dold and Krieger 2019a). Around the globe, but especially in the liberal Western market democracies - i.e., societies in which "markets and democracy have coexisted quite healthily" in the post-World War II era (Chua 2000, 289) - populist movements have gained prominence in public discourse and in some cases even won elections (e.g., in Hungary, the Netherlands, Italy, Poland, or Sweden). There is ongoing debate over the causes of the rise of populist movements in the early 21st century (Gidron and Hall 2017; Guiso et al. 2017; Inglehart and Norris 2017; Mudde and Kaltwasser 2017). While important, our chapter will touch upon this debate only in passing, though, and instead focus on the consequences of populism's rise; in particular, we will ask how to deal with the populist challenge to the liberal order. We do so in three steps, thereby referring to one specific liberal conception, ordoliberalism. Considering ordoliberalism is instructive because, on the one hand, it strives for a "functioning and humane order of the economy, society, law, and the state" (Eucken 1990 [1952], 373; our italics), which is a much broader idea of liberalism than pure economic liberalism. On the other hand, critics argue that ordoliberalism has failed on following up on its own agenda (Dold and Krieger 2019b and 2023). They believe that ordoliberalism is the culprit of various misguided developments since the Eurozone crisis of 2009, which then provided a breeding ground for populism (Algan et al. 2017; Dold and Krieger 2019a). In their view, this is also related to ordoliberalism's - alleged - preference of the rule of law and economic freedom over democratic decision-making.2024-01-01T00:00:00ZHistorical legacies and urbanization: Evidence from Chinese concessions
http://hdl.handle.net/10419/284358
Title: Historical legacies and urbanization: Evidence from Chinese concessions
Authors: Jin, Gan; Schulze, Günther G.
Abstract: Can colonialism affect today's urban outcomes? This paper examines the long-run impact of Concessions - foreign-run enclaves established in the late nineteenth century inside Chinese cities by European settlers for residence and investment purposes. They soon became the new economic hubs of their hosting cities. By using a unique dataset of geo-referenced apartment transactions and by employing a spatial regression discontinuity approach to identify the causality, we find that apartments located inside historical Concession areas command a price premium of 17% compared to similar homes just outside of the Concession boundaries. We show that the long-run economic effect of Concessions may be explained by better access to urban facilities in these areas.2024-01-01T00:00:00ZPolycentric governance in collusive agreements
http://hdl.handle.net/10419/284409
Title: Polycentric governance in collusive agreements
Authors: Schmal, Wolfgang Benedikt
Abstract: Collusive agreements in the form of cartels among firms are complex structures. The involved firms need to agree on prices and sales quotas that are legally not enforceable. Market characteristics that foster cartels' failure or success are widely examined. However, the interplay between the involved firms in a collusive agreement, i.e., the governance dimension within a cartel, has received surprisingly low attention. Using a comprehensive dataset of 191 cartels from 2012 - 2018, this paper empirically reveals that polycentric structures within the cartel governance may contribute to longer duration and lower sanctions imposed by competition authorities, especially for large cartels. By that, the paper sheds new light on two aspects: The entangled governance structures of collusive undertakings as well as the relevance of polycentricity in the firm environment. The insights may be helpful for cartel authorities and new research combining institutional and industrial economics.2024-01-01T00:00:00Z