Showing 1 - 10 of 38
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are more important than personal characteristics of the founders for explaining young firms'...
Persistent link: https://www.econbiz.de/10009403382
In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...
Persistent link: https://www.econbiz.de/10010884312
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by Chinese State owned enterprises (SOEs). We use a comprehensive firm level panel data set of Chinese SOEs covering the period 1999 to 2003. Our results show that foreign capital...
Persistent link: https://www.econbiz.de/10005703273
Pakistan's education system faces long-standing problems in access, quality, and equal opportunity at every level … elusive. The inability of successive governments to reform the system has created severe constraints for Pakistan's economic … education. We discuss in this paper the imperative for education system reform in Pakistan, and articulate why a window of …
Persistent link: https://www.econbiz.de/10010884381
The Punjab Female School Stipend Program, a female-targeted conditional cash transfer program in Pakistan, was …
Persistent link: https://www.econbiz.de/10009021898
Child labor is a common consequence of economic shocks in developing countries. We show how reducing vulnerability can affect child labor and schooling. We exploit the extension of a health and accident insurance scheme by a Pakistani microfinance institution (MFI) that was set up as a...
Persistent link: https://www.econbiz.de/10011123402
This paper combines, explains and summarizes recent findings from the empirical literature focusing on the FDI's effect on firms' performances by collecting all the relevant firm level quantitative studies to run a regression of regressions focused on Enlarged Europe. The results show that there...
Persistent link: https://www.econbiz.de/10010884079
Korean government has invested significant amount of resources through credit guarantee funds to promote SMEs survival, performance and R&D investment. This study attempts to identify determinants of provision of credit guarantees and estimate their effects on firms R&D expenditures. The...
Persistent link: https://www.econbiz.de/10010884264
We introduce a novel approach to modeling the impact of institutional quality on firm performance. Our methodology enables us to estimate the marginal effect of institutional quality on TFP, factor inputs and output of each firm, which gives us within-country distributions of these effects and...
Persistent link: https://www.econbiz.de/10010884318
We explore whether the introduction of trust based working hours is related to the subsequent innovation performance of firms. Employing a panel data set of over 5,000 German establishments, we implement a propensity score matching approach where we only consider firms that did not use trust...
Persistent link: https://www.econbiz.de/10010884337