Showing 1 - 10 of 120
This paper develops a two-tier oligopoly model in which the entry of a multinational firm results in technology transfer to its local suppliers and also impacts the degree of backward linkages in the local industry. The model endogenizes the multinational’s choice between anonymous market...
Persistent link: https://www.econbiz.de/10010886981
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10008479317
This paper analyses potential internal and external determinants of institutional change as measured by the World Bank Governance Indicators (WBGI) based on a panel of 25 transition countries for the period from 1996 to 2005. We show that natural resources and capital inflows exert an...
Persistent link: https://www.econbiz.de/10005700623
corruption on productivity. Corruption is defined as a “bribe tax” and is compared to another form of institutional inefficiency … their effects in the full sample, only the bribe tax appears to have a negative effect on firm-level productivity, while the … taxes, implying that bribing does not emerge as a second-best option to achieve higher productivity by helping circumvent …
Persistent link: https://www.econbiz.de/10008550504
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10005015447
industry productivity and social welfare. For this purpose we develop a reciprocal dumping model of international trade with … heterogeneous firms and endogenous R&D. We identify two effects of trade liberalization on productivity: a direct effect through … low (high) trade costs; (ii) increases expected industry productivity; and (iii) raises expected social welfare if trade …
Persistent link: https://www.econbiz.de/10005755216
In this paper, we consider a non-cooperative and symmetric three-stage game model composed by two regulator-firm hierarchies. By means of adequate emission taxes, original and absorptive research and development (R&D) subsidies we prove that regulators can reach the non-cooperative social...
Persistent link: https://www.econbiz.de/10010956144
This paper analyzes the role of institutional distance in the establishment of domestic linkages by multinational enterprises in a cross- section of 19 Sub- Saharan countries. Investors’ familiarity with formal and informal procedures in the host country lowers uncertainty and facilitates...
Persistent link: https://www.econbiz.de/10010886847
Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding to transaction costs and giving rise to incentive...
Persistent link: https://www.econbiz.de/10010886870
. Applying propensity score matching to control for differences across firms in terms of labor productivity, size, etc., we find …
Persistent link: https://www.econbiz.de/10010886876