Showing 1 - 10 of 69
This paper is the first result of a project aiming at understanding the history of bankruptcy law from an empirical economic perspective. By contrast with some proponents of "law and economics" (e.g. La Porta & alii, 1998), we consider that the impact of bankruptcy law on national economic...
Persistent link: https://www.econbiz.de/10010930170
Improving access to capital through credit and public spendings is an important step toward development and poverty … shows that deforestation is positively correlated to access to credit and public spendings, which gives some evidence that … natural capital is a complement to credit and public spendings. …
Persistent link: https://www.econbiz.de/10010899772
In this paper, we provide an institutional interpretation of Schumpeter's analysis of money, banking and finance. This interpretation is founded on an overall investigation into Schumpeter's writings addressing those issues from different perspectives.In section 1, we discuss the widespread...
Persistent link: https://www.econbiz.de/10008788989
crédit est plafonné par la législation. En parallèle, la croissance de la microfinance dans le monde a montré que les … techniques innovatrices peuvent augmenter la disponibilité de crédit, sans augmenter indûment le risque. Néanmoins, cette … croissance de l'accès au crédit peut ne pas se concrétiser si les taux de crédit restent plafonnés par des lois régissant l …
Persistent link: https://www.econbiz.de/10008791616
real per output growth, excess credit, foreign direct investment (FDI) and the current account balance, in the Central and … credit. The results are economically and statistically significant, and robust. …
Persistent link: https://www.econbiz.de/10008792016
In the economic literature it is generally found that trade openness affects environment through various channels …. While the mechanisms through which trade is associated with pollution are largely investigated theoretically and empirically …, the role played by each trade component has not yet received enough attention. This paper attempts to bridge this gap by …
Persistent link: https://www.econbiz.de/10009643223
combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities …
Persistent link: https://www.econbiz.de/10009353553
This paper investigates the determinants of the shape of regional trade agreements (RTAs). Because the world is … constituted by independent political entities, international trade flows take place in a system where property rights are … unsecured and RTAs should be understood as regulation mechanisms. In this theoretical framework, trade and security issues …
Persistent link: https://www.econbiz.de/10010750549
study generalises Davis' (1998) idea according to which the institutions of the trade partners matter also for a country … evidence that the interactions between bilateral trade and relative labour market regulations affect the equilibrium …
Persistent link: https://www.econbiz.de/10010750945
Trade deficits and surpluses are sometimes attributed to intentionally low or high exchange rate levels. The impact of … exchange rate levels on trade has been much debated but the large body of existing empirical literature does not suggest an … unequivocally clear picture of the trade impacts of changes in exchange rates. The impact of exchange rate volatility on trade also …
Persistent link: https://www.econbiz.de/10010899210