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Firm Characteristics and Informal Governance of Business Operations in the PRD, China

Bickenbach, Frank; LIU, Wan-Hsin - Institut für Weltwirtschaft (IfW) - 2011

This paper describes the Chinese economic and institutional reform process as a gradual transition of an informal, relation-based governance system into a more formal and rule-based governance system. The consequences of macro-level institutional reforms on the importance of personal...

Persistent link: https://www.econbiz.de/10009276139

The Role of Personal Relationships for Doing Business in the GPRD, China – Evidence from Hong Kong Electronics SMEs

Bickenbach, Frank; LIU, Wan-Hsin - Institut für Weltwirtschaft (IfW) - 2010

This paper investigates the role of personal relationships for doing business in the Greater Pearl River Delta, China. First, it discusses the interplay of formal and informal (relationship-based) institutions from the point of view of institutional economics, with a focus on economies with weak...

Persistent link: https://www.econbiz.de/10008543245

The effect of inflation on real commodity prices

Reicher, Christopher; Utlaut, Johannes - Institut für Weltwirtschaft (IfW) - 2011

Recent research has shown that economic conditions have an important effect on real commodity prices. We quantify the contribution of fluctuations in inflation to this particular link. In the data, a temporary rise in inflation causes real commodity prices to rise, as does a rise in trend...

Persistent link: https://www.econbiz.de/10009292398

Corruption and Armed Conflicts: Some Stirring Around in the Governance Soup

Andvig, Jens Christopher - Institut für Weltwirtschaft (IfW) - 2008

The paper discusses the impact of corruption on the probability of violent conflict events and traces the shifts in the composition of corrupt transactions during and in the aftermath of violent conflicts in an informal way. So far there has been little interaction between empirical corruption...

Persistent link: https://www.econbiz.de/10005097466

Can Oil-led Growth and Structural Change Go Hand in Hand in Ghana? A Multi-sector Intertemporal General Equilibrium Assessment

Breisinger, Clemens; Diao, Xinshen; Wiebelt, Manfred - Institut für Weltwirtschaft (IfW) - 2012

Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...

Persistent link: https://www.econbiz.de/10010886853

Education is good for the poor: a note on Dollar and Kraay

Gundlach, Erich; Navarro de Pablo, José; Weisert, Natascha - Institut für Weltwirtschaft (IfW) - 2004

A recent paper by Dollar and Kraay (2001) finds that higher primary educational attainment of the workforce does not increase the income of the poor except for its effect on average income. We test the robustness of their finding by using a broader measure of human capital that accounts for...

Persistent link: https://www.econbiz.de/10010955872

Financial liberalization, financial development and productivity growth: An overview

Gehringer, Agnieszka - Institut für Weltwirtschaft (IfW) - 2013

The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Focusing on the direct channels of growth, the author has found both positive and negative contribution of finance to … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …

Persistent link: https://www.econbiz.de/10010956114

Climate Change, Agricultural Production and Food Security: Evidence from Yemen

Breisinger, Clemens; Ecker, Olivier; Al-Riffai, Perrihan; … - Institut für Weltwirtschaft (IfW) - 2011

global climate models (GCMs) with respect to future rainfall patterns in Yemen. Local climate change impacts manifest itself …

Persistent link: https://www.econbiz.de/10009386585

Decompositions of Wage Inequality and Growth in an Advanced Economy open to Trade

Edwards, T. Huw; Lücke, Matthias - Institut für Weltwirtschaft (IfW) - 2011

factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … for both growth and inequality. Calibrated TFP growth is consistent with the results from nonparametric growth accounting … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …

Persistent link: https://www.econbiz.de/10009395928

Determinants of growth and convergence in a growing economy with heterogeneous entrepreneurs

Dohse, Dirk; Ott, Ingrid - Institut für Weltwirtschaft (IfW) - 2008

We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and … growth and convergence of an economy towards the world technology frontier …

Persistent link: https://www.econbiz.de/10005755150