Showing 1 - 10 of 138
The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a …
Persistent link: https://www.econbiz.de/10005504591
but bring future prosperity. We test these hypotheses, using data on micro-economic reforms from the World Bank’s Doing …
Persistent link: https://www.econbiz.de/10005124381
the history of financial market regulation. …
Persistent link: https://www.econbiz.de/10005504579
Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have...
Persistent link: https://www.econbiz.de/10005662269
exogenous variation in regulation generated by the interaction of reform and its institutional determinants, we find a … health. The results support public choice theory of the nature of regulation and are inconsistent with the predictions of …
Persistent link: https://www.econbiz.de/10005667109
We present new data on the regulation of entry of start-up firms in 85 countries. The data covers the number of … are extremely high in most countries. Countries with heavier regulation of entry have higher corruption and larger … have lighter regulation of entry. The evidence is inconsistent with public interest theories of regulation, but supports …
Persistent link: https://www.econbiz.de/10005661441
This paper investigates how enforcement of labour regulation affects the firm's use of informal labour, firm size and … level, and administrative data on enforcement of regulation at the city level, we show that in areas where law enforcement …
Persistent link: https://www.econbiz.de/10005661940
Governments that levy predatory regulation and provide few weak legal institutions draw businesses into the unofficial …, we find that retail shops face very high levels of predatory regulation and have frequent contacts with private … protection rackets. In addition, we show that higher levels of regulation are associated with weaker legal institutions and a …
Persistent link: https://www.econbiz.de/10005661996
This Paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a … sufficient intelligence by people with limited intelligence may dominate government regulation. …
Persistent link: https://www.econbiz.de/10005662402
We shed new light on the corporate governance role of institutional investors in markets where concentrated ownership and business groups are prevalent. When companies have controlling shareholders, institutional investors, as minority shareholders, can play only a limited role in corporate...
Persistent link: https://www.econbiz.de/10008554240