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Mirroring the railroad industry of the 1940’s and 1950’s, the trucking industry today appears to be achieving impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in ton-miles per unit of input that are due simply to...
Persistent link: https://www.econbiz.de/10005822793
In this paper we investigate the effect of local banking development on firms’ innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects the probability of process innovation,...
Persistent link: https://www.econbiz.de/10005822124
-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We … exploit two shocks to Italian bank CDS spreads and equity valuations: the 2007-2009 financial crisis and the 2010 …
Persistent link: https://www.econbiz.de/10010734428
We document that trust in public institutions – and particularly trust in banks, business and government – has declined …
Persistent link: https://www.econbiz.de/10008868129
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of …
Persistent link: https://www.econbiz.de/10010884080
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10010884118
Lower fertility can translate into a more male-biased sex ratio if son preference is persistent and technology for sex-selection is easily accessible. This paper investigates whether financial incentives can overcome this trade-off in the context of an Indian scheme, Devirupak, that seeks to...
Persistent link: https://www.econbiz.de/10010884299
We study the impact of an innovative program in the Indian state of Bihar that aimed to reduce the gender gap in secondary school enrollment by providing girls who continued to secondary school with a bicycle that would improve access to school. Using data from a large representative household...
Persistent link: https://www.econbiz.de/10010884322
Scheduled Tribes – on child labor in India. We estimate the effect of political reservation on child labor by exploiting the … Constitution of India. Using data from state and household level surveys on fifteen major Indian states, we find that at the …
Persistent link: https://www.econbiz.de/10010884324
Primary education in India is a development question of a unique magnitude, and the delivery of education by Indian …
Persistent link: https://www.econbiz.de/10010886135