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depth, access and efficiency during 2014-2018 based on 24 indicators. This paper starts with the examination of the role of … Central Bank (BDCB) and the structure of the financial sector of Brunei Darussalam are presented. Lastly, the paper discusses … study period compared to its most ASEAN and GCC countries. The efficiency of banking sector, on an average, remained at a …
Persistent link: https://www.econbiz.de/10014244342
We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we … empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … spending efficiency scores via data envelopment analysis. Second, relying on panel data and impulse response approaches, we …
Persistent link: https://www.econbiz.de/10014356487
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012830987
This paper analyses the relationship between international trade and financial development in six EU members from Central and Eastern Europe (CEEC-6) using dynamic panel data approaches, specifically the system Generalized Method of Moments (GMM) and pooled mean group (PMG) estimators. The...
Persistent link: https://www.econbiz.de/10013315285
This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into a trade model with heterogeneous exporters and endogenous quality choice. The model predicts that financial development increases innovation activity and export shares of larger...
Persistent link: https://www.econbiz.de/10014255423
This study is an empirical investigation of theoretical predictions concerning the impact of bank competition on bank … banking increases, the loan-to-asset ratio will rise (under reasonable assumptions), but the probability of bank failure can … either increase or decrease. However, the probability of bank failure will fall if and only if borrowers' response to take on …
Persistent link: https://www.econbiz.de/10010274944
capital standards, and cost of bank equity determine credit reallocation, sectoral expansion and trade patterns …
Persistent link: https://www.econbiz.de/10012892187
efficiency of 450 European universities between 2011 and 2014. The novelty of our approach lies in its extended coverage of …. Exploring potential efficiency drivers, we uncover considerable effect heterogeneity between subject clusters, which is … seek external funding are largely identified to be primary efficiency drivers …
Persistent link: https://www.econbiz.de/10012842974
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...
Persistent link: https://www.econbiz.de/10012844204
This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...
Persistent link: https://www.econbiz.de/10012861392