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Good and Bad Institutions : Is the Debate Over? Cross-Country Firm-Level Evidence from the Textile Industry

Bhaumik, Sumon K. - 2011

Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency, whereas (b) good business environment which is considered...

Persistent link: https://www.econbiz.de/10013130456

Property rights, optimal public enforcement, and growth

Irmen, Andreas; Kuehnel, Johanna - 2011

We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...

Persistent link: https://www.econbiz.de/10010280647

Import Competition, Heterogeneous Preferences of Managers, and Productivity

Chen, Cheng; Steinwender, Claudia - 2019

may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially … unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family …

Persistent link: https://www.econbiz.de/10012179827

Global Sourcing of Complex Production Processes

Schwarz, Christian - 2010

We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...

Persistent link: https://www.econbiz.de/10013136032