Showing 1 - 10 of 81
This paper develops a proxy measure of the inequality of influence on the basis of survey evidence from 2002 Business Environment and Enterprise Performance Survey (BEEPS) conducted among 6,500 firms in 27 transition countries. We refer to the resulting inequality as crony bias in the political...
Persistent link: https://www.econbiz.de/10005407672
unbundles corruption to measure different types of corrupt transactions and provide detailed information on the characteristics … and performance of firms, we find that: i) corruption reduces FDI inflows and attracts lower quality investment in terms … kickbacks, while paying a lower overall bribe burden than domestic firms; iii) FDI firms undertake those forms of corruption …
Persistent link: https://www.econbiz.de/10005407674
as rule of law, voice and accountability, corruption control, and state capture, we then provide evidence which suggests … and governance, in controlling corruption, and in improving institutional quality -- although there is clearly variance … within a country, in turn affecting governance and corruption, has often been under-emphasized in program design. These argue …
Persistent link: https://www.econbiz.de/10005561333
Resumen El presente estudio se centra en analizar los factores que provocan el éxodo de capital en México, entre los que se incluyen: el saldo en cuenta corriente, el grado de sobrevaluación de la moneda, el diferencial en las tasas de interés entre México y Estados Unidos y el diferencial...
Persistent link: https://www.econbiz.de/10005125516
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
Sumario El estudio utiliza las herramientas de series tiempo como las pruebas de raíz unitaria y corte estructural para analizar las series de los determinantes de la Inversión Extranjera de Cartera (IEC) y la misma IEC. Varias series fueron consideradas para el análisis de la IEC, entre los...
Persistent link: https://www.econbiz.de/10005408177
. Our theory predicts that we would witness more killings along the succession lines in countries where a ‘circle of …
Persistent link: https://www.econbiz.de/10005550917
This work attempts to shed light on the “information technology productivity paradox”. Employing a large data set of Italian manufacturing firms we compute ICT marginal productivity across different cluster of firms and the impact of information and communication technology (ICT) on output...
Persistent link: https://www.econbiz.de/10005076878
We analyze models of product differentiation with perfect price discrimination and free entry. Although perfect price discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the choice of product characteristics. More...
Persistent link: https://www.econbiz.de/10005076900
This paper analyzes patterns of foreign direct investment in India. We investigate how labor conflict, credit constraints, and indicators of a state’s economic health influence location decisions of foreign firms. We account for the possible endogeneity of labor conflict variables in modeling...
Persistent link: https://www.econbiz.de/10005124865