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This is the title of a new paper co-written with Fiona Scott Morton, just out in Health Management, Policy and Innovation. You can download the pdf here.
“Soviet Power Plus Electrification: what is the long-run legacy of communism?” (with Wendy Carlin and Mark Schaffer), available here, published in Explorations in Economic History 2012. http://dx.doi.org/10.1016/j.eeh.2012.07.003
Two decades after the end of central planning, we investigate the extent to which the advantages bequeathed by planning in terms of high investment in physical infrastructure and human capital compensated for the costs in allocative inefficiency and weak incentives for innovation. We assemble and analyse three separate types of evidence. First, we find that countries that were initially relatively poor prior to planning benefited more, as measured by long-run GDP per capita levels, from infrastructure and human capital than they suffered from weak market incentives. For initially relatively rich countries the opposite is true. Second, using various measures of physical stocks of infrastructure and human capital we show that at the end of planning, formerly planned countries had substantially different endowments from their contemporaneous market economy counterparts. However, these differences were much more important for poor than for rich countries. Finally, we use firm-level data to measure the cost of a wide range of constraints on firm performance, and we show that after more than a decade of transition in 2002-05, poor ex-planned economies differ much more from their market counterparts, in respect to both good and bad aspects of the planning legacy, than do relatively rich ones. However, the persistent beneficial legacy effects disappeared under the pressure of strong growth in the formerly planned economies in the run-up to the global financial crisis.
- “Migration and the equilibrium prevalence of infectious diseases” (with Alice Mesnard), Journal of Demographic Economics XX (2016): 1-26, doi: 10.1017/dem.2016.03
- “Market Size and Pharmaceutical Innovation” (with Pierre Dubois, Olivier de Mouzon and Fiona Scott Morton), The RAND Journal of Economics, vol. 46, n. 4, Winter 2015, pp. 844–871.
- “The Schubert Effect: When Flourishing Businesses Crowd Out Human Capital” (with Guido Friebel and Jibirila Leinyuy), World Development, vol. 68, April 2015, pp. 124–135.
- “A Model of Smiling as a Costly Signal of Cooperation Opportunities” (with Samuele Centorrino, Elodie Djemai, Astrid Hopfensitz and Manfred Milinski), Adaptive Human Behavior and Physiology (2015), doi:10.1007/s40750-015-0026-4
- “Honest signalling in trust interactions: smiles rated as genuine induce trust and signal higher earnings opportunities” (with Samuele Centorrino, Elodie Djemai, Astrid Hopfensitz and Manfred Milinski), Evolution and Human Behavior (2014), doi:10.1016/j.evolhumbehav.2014.08.001 Available here.
- “How Does Ranking Affect User Choice in Online Search?” (with Mark Glick, Greg Richards and Margarita Sapozhnikov), Review of Industrial Organization (2014) doi: 10.1007/s11151-014-9435-y Available here.
- “Cooperation Against Theft: A Test of Incentives for Water Management in Tunisia” (with Wided Mattoussi), American Journal of Agricultural Economics 2014 96: 124-153 Available here.
- “Research into biomarkers: how does drug procurement affect the design of clinical trials?” (with Fiona Scott Morton) Health Management, Policy and Innovation 1(3): 1-15. Available here.
- “Soviet Power Plus Electrification: what is the long-run legacy of communism?” (with Wendy Carlin and Mark Schaffer). Available here, published in Explorations in Economic History 2012. http://dx.doi.org/10.1016/j.eeh.2012.07.003
- “The Three Musketeers: What Do We Still Need to Know About our Passage through Prehistory?”, Biological Theory, 2012, doi: 10.1007/s13752-012-0017-7 Available at SpringerLink OR [Download PDF of proof copy] [Download PDF of related article by Sterelny]
- “Do Women have longer Conversations? Telephone Evidence of Gendered Communication Strategies”, Journal of Economic Psychology, December 2010. doi:10.1016/j.joep.2010.12.008. (with Guido Friebel) [ Download PDF ]
- “Commentary “Honest Smiles as a Costly Signal in Social Exchange”, Behavioral and Brain Sciences, vol. 33, December 2010, pp. 439. doi:10.1017/S0140525X10001287. (with Samuele Centorrino, Elodie Djemai, Astrid Hopfensitz and Manfred Milinski) [ Download PDF ]
- “Private Antitrust Enforcement in the Presence of Pre-Trial Bargaining”, Journal of Industrial Economics, vol. 57, no. 3, September 2009, pp. 372-409. doi:10.1111/j.1467-6451.2009.00383.x. (with Sylvain Bourjade and Patrick Rey) [ Download PDF ]
“Escaping Epidemics Through Migration? Quarantine Measures under Asymmetric Information about Infection Risk”, Journal of Public Economics, vol. 93, nos. 7-8, August 2009, pp. 931-938. doi:10.1016/j.jpubeco.2009.05.001. (with Alice Mesnard) [ Download PDF ]
“Continuous Preferences and Discontinuous Choices : How Altruists Respond to Incentives”, The B. E. Journal of Theoretical Economics (Contributions), vol. 9, no. 1, April 2009. [ Download PDF ]
“Market Entry, Privatisation and Bank Performance in Transition”, Economics of Transition, vol. 14, no. 4, October 2006, pp. 579-610. doi:10.1111/j.1468-0351.2006.00271.x. (with Steven Fries, Damien Neven and Anita Taci) [ Download PDF ]
“Wasteful Public Spending and State Aid Control”, Journal of the European Economic Association, vol. 4, nos. 2-3, May 2006, pp. 513-522. (with Mathias Dewatripont) [ Download PDF, 130 Ko) ]
“Intermediation by Aid Agencies”, Journal of Development Economics, vol. 79, no. 2, April 2006, pp. 469-491. (with Colin Rowat) [ Download PDF ]
“European and National Champions: Burden or Blessing?”, CES-Ifo Bulletin, vol. 6, no. 2, Summer, pp. 52-55.
“A Minimum of Rivalry: Evidence from Transition Countries on the Importance of Competition for Innovation and Growth”, Contributions to Economic Analysis and Policy, vol. 3, no. 1, 2004, pp. 1-42. (with Wendy Carlin and Mark Schaffer) [ Download PDF ]
“Competition, Privatisation and Productive Efficiency: Evidence from the Airline Industry”, The Economic Journal, vol. 111, no. 473, July 2001. (with Charles Ng)
“Understanding ‘the essential fact about capitalism’: markets, competition and creative destruction”, National Institute Economic Review, January 2001. (with Wendy Carlin and Jonathan Haskel)
“Skill versus Judgment and the Architecture of Organisations”, European Economic Review, Elsevier, 2000.
“The Effects and Policy Implications of State Aids to Industry: an Economic Analysis”, Economic Policy, 1999. (with Timothy Besley) [ Download PDF ]
“Accountability and Decentralization in Government: an Incomplete Contracts Model”, European Economic Review, Elsevier, 1996. [ Download PDF ]
“European Industrial Policy: the Airbus Case”, Economic Policy, no. 21, 1995. (with Damien Neven) [ Download PDF ]
“Managing Local Commons: Theoretical Issues in Incentive Design”, Journal of Economic Perspectives, 1993. [ Download PDF 6.4MB]
“Quality of Livestock Assets Under Selective Credit Schemes: Evidence from South Indian Data”, Journal of Development Economics, 1991. [ Download PDF ]
“Deregulating European Airlines”, Economic Policy, 1989 (with Francis McGowan)
“Social Choice and Social Theories”, Philosophy and Public Affairs, 1989.
“The Pursuit of Unhappiness”, Ethics, 1988.
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