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We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers’ answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...
Persistent link: https://www.econbiz.de/10005763555
payment equilibrium." Our econometric analysis of linked employer-employee data for Russia supports the model's contention …
Persistent link: https://www.econbiz.de/10005822557
In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia … institutional environment in Russia in terms of three dimensions: on the rate of productive entrepreneurial activity measured in … addition, the analysis explores the effectiveness of Russia’s informal networks for circumventing the weak institutional …
Persistent link: https://www.econbiz.de/10005763681
question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during …
Persistent link: https://www.econbiz.de/10005761724
institutions, and are robust to the use of alternative data and estimation techniques. …
Persistent link: https://www.econbiz.de/10010739947
Although social institutions permeate the world in which we live, they are all but absent from our analyses of economic … institutions for growth and development. …
Persistent link: https://www.econbiz.de/10010660254
We study the connection between economic performance and the quality of government institutions for the sample of 103 … unified Italian State. Our results suggest that past historical institutions play a significant role on the current public … confirms that the quality of institutions matters for development, and that history can be used to find suitable instruments. …
Persistent link: https://www.econbiz.de/10011167200
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10005566377
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10005566427
Ethnic and religious fractionalization have important effects on economic growth and development, but their role in internal violent conflicts has been found to be negligible and statistically insignificant. These findings have been invoked in refutation of the Huntington hypothesis, according...
Persistent link: https://www.econbiz.de/10005566684