The role of political parties: An analysis based on transaction costs

This paper explores the proposition that political parties reduce the ‘transaction costs’ of electoral participation. Political parties provide a low cost signal of a candidate's policies and personal characteristics and, in this way, reduce voters' information costs. With reference to ‘transaction cost economics’, political parties offer an ‘implicit contract’ between voters and politicians and thereby reduce the scope for opportunism by politicians. This impact on transaction costs is important in any evaluation of public policy towards political parties.     

Whole‐of‐Government Approaches to Outsourcing and Market Testing by the Commonwealth Government

This article traces the development of approaches to outsourcing by successive Australian governments from 1995. The analysis focuses on strategies initially adopted for the outsourcing of government information technology (IT) services and, subsequently, includes the market testing approach adopted for the outsourcing of both IT and corporate services. The framework for analysis has been based on theories of privatisation developed by Feigenbaum, Henig and Hamnett (1999). This framework offers insights into the goals and strategies employed by commonwealth government that underpin their approaches to sourcing of services for their public sector. The article concludes by discussing some of the unresolved issues associated with the failure of government to formally evaluate the impact of their outsourcing policies.     

Institutions and Market Reform in Emerging Economies: A Rent Seeking Perspective

The role of institutions as determinants ofrent seeking success is well established. In this paper, we focus on institutionsthat have received little attention in theliterature, namely electoral institutions. We examine three measures of electoralinstitutional structure that arehypothesized to be instrumental indetermining the level of rent seekingsuccess. These are the type of electoralsystem, pluralistic or proportional; methodof selection of the chief executive,presidential or parliamentary; and thenumber of electoral districts. An index ofeconomic freedom is used as the metric forrent seeking opportunities created bygovernments. Theoretical implications ofvariation in these electoral institutionsare developed. These implications areempirically tested employing data from 29countries classified as having emergingmarket economies. Countries with emergingeconomies are expected to exhibit moreinstitutional flexibility that moredeveloped countries whose property rightsare well established and defended. Theempirical results are controlled fordifferences in a number of demographic andhistorical factors. Plurality electoralsystems are more resistant to the politicaldemands of rent seeking than proportionalsystems. Fewer election districts seem toreduce rent seeking opportunities. However, conditional on the type ofelectoral system, presidential systems arefound to be no more resistant to rentseeking than parliamentary systems. Finally, we find strong control effects. Literacy increases a country's resistanceto rent seeking while military spending andyears of institutional entrenchment reduceit.     

Private returns to education in urban China

The paper examines the marginal returns of education in China for 4 years covering the period 1989–2000. We find, in common, with others that such returns were small in 1989 and 1993, but have increased steadily since 1993. We also find that the returns for women exceed those for men and go some way to reducing the gender earnings gap. Crucially, however, the returns to education decline with the length of time since the individual left school which is consistent with the hypothesis that education enhances ability and skills which in turn enhances earnings, but that the value of such skills deteriorates over time. Finally we find evidence for gravity effects by which earnings decline with distance from Beijing, and more noticeably, Shanghai.     

Networked Legal Learning: An Evaluation of the Student Learning Experience

This paper reports the findings from a case study that was conducted as part of the JISC/CALT funded Networked Learning in Higher Education project. The paper casts light on the wider debate about how and whether tutors can 'align' their teaching style with students' approaches to learning. It evaluates a law course that has been taught on campus using Lotus Notes to support group work and to provide a general course environment. The paper builds upon earlier evaluations of the course reported by the course tutor and used to develop the course design. The findings combine a firm understanding of the tutor's intentions and design with an evaluation of the student experience. This allows a consideration of alignment in a networked learning environment and uses several sources of rich data to triangulate designers' intentions with outcomes. Our findings incline us to the view that networked learning environments may be more open to unplanned influences than traditional courses. As a consequence of the increased number of influences students' may encounter greater degrees of variation in their experience.