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measurement in conventional (illegal) corruption indicators. It is found that manifestations of legal corruption may be more …
Persistent link: https://www.econbiz.de/10005408399
We address the issue of whether financial structure influences economic growth. Three competing views of financial structure exist in the literature: the bank-based, the market-based and the financial services view. Recent empirical studies examine their relevance by utilizing panel and...
Persistent link: https://www.econbiz.de/10005561594
The research presented in this paper is undertaken in response to the debate on capital flight from Russia. This debate usually involves discussion of its determinants but misses the question of its ultimate effects on the economy. Lack of understanding of the economic nature of capital flight...
Persistent link: https://www.econbiz.de/10005125555
In this paper we argue that pricing is all about price changes, and that the costs of price changes are often simultaneously subtle and substantial. We discuss a framework to deal with the dynamics of changing prices. This framework incorporates customer interpretations of price changes, an...
Persistent link: https://www.econbiz.de/10005556152
The variety-seeking behavior and the brand choice among the consumers have been discussed extensively in the previous research contributions from the stochastic point of view. This study argues that although consumers are seeking novelty and unexpectedness in a brand that they have not bought...
Persistent link: https://www.econbiz.de/10005561847
We study item-pricing laws (which require that each item in a store be individually marked with a price sticker) and examine and quantify their costs and benefits. On the cost side, we argue that item-pricing laws increase the retailers’ costs, forcing them to raise prices. We test this...
Persistent link: https://www.econbiz.de/10005412533
The Portuguese producers of Molds are in its majority of small or medium dimension, competing in highly competitive international markets and using processes, which incorporate new technologies. The present study aims to identify the strategic quadrants for developing the Portuguese Molds...
Persistent link: https://www.econbiz.de/10005412933
This paper reports on the construction of an International Water Poverty Index, part of the first phase of a research project into building a locally based version of the index. The purpose of the Water Poverty Index is to express an interdisciplinary measure which links household welfare with...
Persistent link: https://www.econbiz.de/10005550987
periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions … construct six aggregate governance indicators in each of the four periods. We present the point estimates of the dimensions of … governance as well as the margins of errors for each country for the four periods. The governance indicators reported here are an …
Persistent link: https://www.econbiz.de/10005561191
used frequency domain analysis, different Granger-causality tests and out-of sample forecasts. Only few indicators passed …
Persistent link: https://www.econbiz.de/10005561215