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Economics

1998

Institution
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Articles 451 - 453 of 453

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International Openness, Technology And Productivity: An Empirical Investigation For Italy, Roberta De Santis Dec 1997

International Openness, Technology And Productivity: An Empirical Investigation For Italy, Roberta De Santis

Roberta De Santis

Is international openness associated with faster economic growth? This paper tries to establish the effect of technology and market opening on labour productivity in Italy. The simple model developed in this paper shows that more open economies have higher rate of technical progress, higher productivity and higher GDP. The model assumes that there are two sources of technical progress growth: a domestic source, associated with innovation (i.e. R&D) and an international one, related to the rate at which the country is able to imitate technological progress originated in the leading innovating nations. According to this model in Italy the internationalisation …

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Taxing Personhood: Estate Taxes And The Compelled Commodification Of Identity, Ray D. Madoff Dec 1997

Taxing Personhood: Estate Taxes And The Compelled Commodification Of Identity, Ray D. Madoff

Ray D. Madoff

In this Article, Professor Madoff explores the ways in which the blunt tools of the wealth tax, and in particular the estate tax, uses a one-size-fits-all system to impose a tax on all property interests owned at the time of one’s death. Professor Madoff illustrates the ways in which these blunt tools can produce problematic results by examining their application to the right of publicity, a newly recognized property interest. Professor Madoff suggests that the imposition of the estate tax can force the commodification of an individual’s identity, regardless of one’s desire to refrain from marketing their identity, and explores …

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"Public Use" And The Independent Judiciary: Condemnation In An Interest-Group Perspective, Donald J. Kochan Dec 1997

"Public Use" And The Independent Judiciary: Condemnation In An Interest-Group Perspective, Donald J. Kochan

Donald J. Kochan

This Article reexamines the doctrine of public use under the Takings Clause and its ability to impede takings for private use through an application of public choice theory. It argues that the judicial validation of interest-group capture of the condemnation power through a relaxed public use standard in Takings Clause review can be explained by interest group politics and public choice theory and by institutional tendencies inherent in the independent judiciary. Legislators can sell the eminent domain power to special interests for almost any use, promising durability in the deal given the low probability that the judiciary will invalidate it …

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