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World Market Access of Emerging-Market Firms: The Role of Foreign Ownership and Access to External Finance
Raff, Horst; Trofimenko, Natalia - CESifo - 2013
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10010681216
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Financial Frictions and Foreign Direct Investment: Theory and Evidence from Japanese Microdata
Raff, Horst; Ryan, Michael; Stähler, Frank - CESifo - 2015
We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and banking trouble in the late 1980s and early 1990s serve as a quasi natural experiment to identify two possible transmission channels from financial...
Persistent link: https://www.econbiz.de/10011205374
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Education and Industrialization in Prussia: A Reassessment
Edwards, Jeremy - CESifo - 2013
Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe …
Persistent link: https://www.econbiz.de/10010877667
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The Quantitative Importance of Openness in Development
Cai, Wenbiao; Ravikumar, B.; Riezman, Raymond - CESifo - 2013
stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …
Persistent link: https://www.econbiz.de/10010877851
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Black and White Body Mass Index Values in Developing 19th Century Nebraska
Carson, Scott A. - CESifo - 2013
Little is known about late 19th and early 20th century BMIs on the US Central Plains. Using data from the Nebraska state prison, this study demonstrates that the BMIs of dark complexioned blacks were greater than for fairer complexioned mulattos and whites. Although modern BMIs have increased,...
Persistent link: https://www.econbiz.de/10010667415
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Information, Coordination, and the Industrialization of Countries
Englmaier, Florian; Reisinger, Markus - CESifo - 2006
The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the …
Persistent link: https://www.econbiz.de/10005094193
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Catch Me If You Can: Education and Catch-up in the Industrial Revolution
Becker, Sascha O.; Hornung, Erik; Woessmann, Ludger - CESifo - 2009
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10008583719
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Geography, Non-Homotheticity, and Industrialization: A Quantitative Analysis
Breinlich, Holger; Cuñat, Alejandro - CESifo - 2012
We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or …
Persistent link: https://www.econbiz.de/10010570050
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Education Promoted Secularization
Becker, Sascha O.; Nagler, Markus; Woessmann, Ludger - CESifo - 2014
Why did substantial parts of Europe abandon the institutionalized churches around 1900? Empirical studies using modern data mostly contradict the traditional view that education was a leading source of the seismic social phenomenon of secularization. We construct a unique panel dataset of...
Persistent link: https://www.econbiz.de/10010752162
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The Historical Roots of Corruption and Economic Development in Italy
Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2013
We claim that a sequential mechanism linking history to development exists: first, history defines the quality of …
Persistent link: https://www.econbiz.de/10010641421