This study examines the effects of product market competition on corporate investment and firm value and the moderating role of economic policy uncertainty on this relationship. The firm-level data of 1971 listed corporate firms for BRIC (Brazil, Russia, India, China) countries during 2009-2020...

This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous 'rationalities of failure,' either of...

This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous rationalities of failure, either of...

(1) Research NecessitySince first industrializing, Korea has maintained a growth strategy centered on export-oriented major industries, selecting and supporting manufacturing industries suited to each region and creating a basis for growth. Therefore, the structure of the main manufacturing...

The Indian Iron and Steel is nearly a century old, with Tata Iron and Steel co. as first integrated steel plant to be set up in 1907.It was the first core sector to be completely freed from the licensing regime in 1990-1991. The New Economic Policy initiated in the 1990's influenced the Indian...

Die mit der Globalisierung einhergehende Intensivierung des institutionellen Wettbewerbs wird unterschiedlich bewertet. Werden die Bürger mit effizienteren Institutionen versorgt, oder verlieren die Staaten ihre wirtschaftspolitischen Handlungsspielräume?