Infrastructure, incentives, and institutions

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• dc.contributor.author Ashraf, Nava
• dc.contributor.author Glaeser, Edward L. (Edward Ludwig), 1967-
• dc.contributor.author Ponzetto, Giacomo A. M.
• dc.date.accessioned 2021-10-06T11:35:42Z
• dc.date.available 2021-10-06T11:35:42Z
• dc.date.issued 2016
• dc.description.abstract Expensive infrastructure is ineffective if it doesn't travel the last mile. In nineteenth-century New York and modern Africa, disease has spread when urbanites chose not to use newly built sanitation infrastructure to save money. Either subsidies or Pigouvian fines can internalize the externalities that occur when people don't use sanitation infrastructure, but with weak institutions subsidies generate waste and fines lead to extortion. Our model illustrates the complementarity between infrastructure and institutions and shows how institutional weaknesses determine whether fines, subsidies, both or neither are optimal. Contrary to Becker (1968), the optimal fine is often mild to reduce extortion.
• dc.description.sponsorship Financial support from the Spanish Ministry of Economy and Competitiveness (RYC-2013-13838), the Government of Catalonia (2014-SGR-830), and the Barcelona GSE.
• dc.format.mimetype application/pdf
• dc.identifier.citation Ashraf N, Glaeser EL, Ponzetto GAM. Infrastructure, incentives, and institutions. American Economic Review. 2016 May;106(5):77-82. DOI: 10.1257/aer.p20161095
• dc.identifier.doi http://dx.doi.org/10.1257/aer.p20161095
• dc.identifier.issn 0002-8282
• dc.identifier.uri http://hdl.handle.net/10230/48578
• dc.language.iso eng
• dc.publisher American Economic Association
• dc.relation.ispartof American Economic Review. 2016 May;106(5):77-82
• dc.relation.projectID info:eu-repo/grantAgreement/ES/1PE/RYC-2013-13838
• dc.rights © American Economic Association. Can be found at http://doi.org/10.1257/aer.p20161095
• dc.rights.accessRights info:eu-repo/semantics/openAccess
• dc.subject.other Infraestructura (Economia)
• dc.subject.other Associacions, institucions, etc.
• dc.subject.other Incentius (Economia)
• dc.subject.other Aigua -- Abastament -- Aspectes econòmics
• dc.subject.other Sanejament
• dc.subject.other Aigua -- Depuració
• dc.title Infrastructure, incentives, and institutions
• dc.type info:eu-repo/semantics/article
• dc.type.version info:eu-repo/semantics/publishedVersion