DICE (database)
The name DICE is an acronym from the first letters of the English name of the database : D atabase for I nstitutional C omparisons in E urope.
CESifo DICE - a database on institutional regulations in international comparison
The CESifo DICE database of the Ifo Institute - Leibniz Institute for Economic Research at the University of Munich offers cross-country information on institutions and regulations of economic life in the member states of the EU and in other important industrialized and emerging countries.
offer
The country-comparing information is available free of charge and without registration in the form of tables, interactive graphics (visual story) and short reports. Brief reports deal in more detail with a specific institutional topic and are published in the CESifo DICE Report . The offer is aimed at an international audience, all information is only available in English.
background
Institutions and regulatory interventions by the state are the rules of the game in a society: they represent framework conditions within which economic agents make decisions. The quality of these framework conditions and the incentives they provide largely explain a country's economic success and thus prosperity. “ What really happens in the economy is largely explained by the laws and regulations that define the framework for private-sector activity and the incentive structures that guide this activity. For example, one cannot understand the financial crisis if one does not know what non-recourse loans are, how structured securities are created, what was laid down in the Community Reinvestment Act, how the IFRS accounting regulations are structured, how the Basel II system works and what liability barriers exist for banks. … In many cases, economic knowledge is only achieved after studying legal mechanisms of action, which can be clearly described by words, but elude a purely numerical analysis . "
The increasing international division of labor ( globalization ), in which not only people but also goods, services and, above all, capital have a high degree of mobility, forces the individual countries to compare their rules (institutions) in order to gain new knowledge and ultimately in this To keep up with competition. The search for information that enables these comparisons and shows the countries international benchmarks that they can strive for is a great challenge. The Ifo Institute wants to close this information gap with the CESifo DICE database. DICE currently offers over 3,500 internationally comparative entries on the subject areas of corporate structures (conditions for business start-ups , regulations for company forms, etc.), competition policy , regulation of financial markets , labor market and migration , education and innovation , energy and environmental protection , social policy (including health policy, family policy, pensions ), Public sector (employment in the public sector, budget, tax revenue, debt ), as well as on the values of the population in industrialized countries.
Individual evidence
- ↑ Hans-Werner Sinn: "The correct triad of economics", Frankfurter Allgemeine Zeitung, No. 141, June 22, 2009, p. 12.