Showing 1 - 10 of 891
Persistent link: https://www.econbiz.de/10011598238
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
The paper focuses in the calculation of the oil capital value in a small open economy depending on oil rents. The Venezuelan case is used as an example. In valuing the oil capital, two issues are recalled and discussed: how should the exploration costs and the capital gains be treated? It is...
Persistent link: https://www.econbiz.de/10011593022
There are more and more industries in which firms are specialized in the production of a component of the final good. This is especially true in high-tech industries. The basic question is why don't these firms merge? We paradoxically show that industries which are typical candidates for...
Persistent link: https://www.econbiz.de/10011596910
Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...
Persistent link: https://www.econbiz.de/10011544875
This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor … productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 … Indian manufacturing industries. The paper then analyses the factors explaining productivity growth, technical change and …
Persistent link: https://www.econbiz.de/10010437777
Technology (PATCA II) implemented in the Dominican Republic. The program aimed to increase the agricultural productivity and …
Persistent link: https://www.econbiz.de/10012028598
Productivity, the efficiency by which firms convert inputs into output is central concept in growth related discussions …. This research is focused on analyzing productivity on a sample of Macedonian firms. The goal is twofold - first, to … construct productivity indicators by using firm-level data, with special focus to construction of total factor productivity (TFP …
Persistent link: https://www.econbiz.de/10011914145
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
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/10012843433