Narrow search
Showing 1 - 10 of 544
Cover Image
Does Economic Growth Reduce Corruption? Theory and Evidence from Vietnam
Bai, Jie - 2013
-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. We find that it does. We …Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross … results suggest that as poor countries grow, corruption could subside "on its own,'' and they demonstrate one type of positive …
Persistent link: https://www.econbiz.de/10012459179
Cover Image
Financial Constraints and Growth : Multinational and Local Firm Responses to Currency Crises
Desai, Mihir A. - 2004
This paper studies the effects of financial constraints on firm growth by investigating if large depreciations differentially impact multinational affiliates and local firms in emerging markets. U.S. multinational affiliates increase sales, assets and investment significantly more than local...
Persistent link: https://www.econbiz.de/10012468148
Cover Image
Firm Value, Risk, and Growth Opportunities
Shin, Hyun-Han - 2000
We show that Tobin's q, as proxied by the ratio of the firm's market value to its book value, increases with the firm's systematic equity risk and falls with the firm's unsystematic equity risk. Further, an increase in the firm's total equity risk is associated with a fall in q. The negative...
Persistent link: https://www.econbiz.de/10012470942
Cover Image
The Firm as a Dedicated Hierarchy : A Theory of the Origin and Growth of Firms
Rajan, Raghuram G. - 2000
A fundamental problem entrepreneurs face in the formative stages of their businesses is how to provide incentives for employees to protect, rather than steal, the source of organizational rents. We study how the entrepreneur's response to this problem will determine the organization's internal...
Persistent link: https://www.econbiz.de/10012471229
Cover Image
Size and Growth of Japanese Plants in the United States
Blonigen, Bruce A. - 1999
Using a unique database on all Japanese manufacturing plants in the United States, we examine the relationship between plant size and growth for these foreign-owned plants. These plants average sizes are three times larger than comparable U.S. plants and experienced 30 percent growth from 1987...
Persistent link: https://www.econbiz.de/10012471515
Cover Image
Omnia Juncta in Uno : Foreign Powers and Trademark Protection in Shanghai's Concession Era
Alfaro, Laura; Bao, Ge; Chen, Maggie Xiaoyang; Hong, Junjie - National Bureau of Economic Research - 2022
We investigate how firms adapt to trademark protection, an extensively used but underexamined form of IP protection, by exploring a historical precedent: China's trademark law of 1923---an unanticipated and disapproved response to end foreign privileges in China. By exploiting a unique, newly...
Persistent link: https://www.econbiz.de/10012938690
Cover Image
Population Growth and Firm Dynamics
Peters, Michael; Walsh, Conor - National Bureau of Economic Research - 2021
Population growth has declined markedly in almost all major economies since the 1970s. We argue this trend has important consequences for the process of firm dynamics and aggregate growth. We study a rich semi-endogenous growth model of firm dynamics, and show analytically that a decline in...
Persistent link: https://www.econbiz.de/10012660102
Cover Image
Contract Labor and Firm Growth in India
Bertrand, Marianne; Hsieh, Chang-tai; Tsivanidis, Nick - National Bureau of Economic Research - 2021
India's Industrial Disputes Act (IDA) of 1947 requires firm with more than 100 workers to pay large costs if they shrink their employment. Since the early 2000s, large Indian manufacturing firms have increasingly relied on contract workers who are not subject to the IDA. By 2015, contract...
Persistent link: https://www.econbiz.de/10012616599
Cover Image
Revealing Corruption : Firm and Worker Level Evidence from Brazil
Colonnelli, Emanuele; Lagaras, Spyridon; Ponticelli, Jacopo - National Bureau of Economic Research - 2022
government using randomized audits of public procurement in Brazil. On average, firms exposed by the anti-corruption program grow … details of thousands of corruption cases, through which we uncover a large heterogeneity in our firm-level effects depending … on the degree of involvement in corruption cases. Using investment-, loan-, and worker- level data, we show that the …
Persistent link: https://www.econbiz.de/10012814402
Cover Image
The Relationship Between Firm Size and Firm Growth in the U.S. Manufacturing Sector
Hall, Bronwyn H. - 1986
Persistent link: https://www.econbiz.de/10012477107