Showing 1 - 10 of 149
We analyse firms' sourcing decisions under institutional uncertainty in foreign countries. Firms can reduce their uncertainty by observing offshoring firms' behaviour. The model characterises a sequential offshoring equilibrium path, led by the most productive firms in the market. With multiple...
Persistent link: https://www.econbiz.de/10013470302
In this paper we study how differences in the quality of countries' institutions affect the impact of natural hazards in … output distance frontier model to assess two important aspects of the relation-ship between institutions and hazard impacts … institutions of higher quality indeed correlate with higher disaster relief efficiencies. Most important are indicators of good …
Persistent link: https://www.econbiz.de/10014290084
, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial … unleashing technological change and through rituals, legal institutions, political economy, and conflict. Synthesizing a disjoint …
Persistent link: https://www.econbiz.de/10014469796
This paper scrutinizes the recently postulated link between the European Marriage Pattern (EMP) and economic success. A metastudy of the historical demography literature shows that the EMP did not prevail throughout Europe, its three key components did not always coincide, and its more extreme...
Persistent link: https://www.econbiz.de/10010312849
A cross-regional econometric analysis suggests that institutional factors in the form of direct democracy (via initiatives and referenda) and of federal structure (local autonomy) systematically and sizeably raise s elf-reported individual well-being. This positive effect can be attributed to...
Persistent link: https://www.econbiz.de/10010314838
satisfaction, but affects different types of citizens differently. Second, we focus on informal institutions and rules of the game …
Persistent link: https://www.econbiz.de/10010315631
One can be independent, or subject to decisions made by others. This paper empirically tests whether individuals attach an intrinsic value to the institutional difference between independence and hierarchy. Taking self-employment as an important case of independence, it is shown that the...
Persistent link: https://www.econbiz.de/10010315700
We investigate how Reconstruction affected Black political participation and socio-economic advancement after the American Civil War. We use the location of federal troops and Freedmen's Bureau offices to indicate more intensive federal enforcement of civil rights. We find greater political...
Persistent link: https://www.econbiz.de/10014534278
Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the …
Persistent link: https://www.econbiz.de/10014534372
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank …. We show that institutions must improve significantly in order to yield a stable equilibrium in which the optimal number … of firms is liquidated. There is also a range where improving institutions may decrease the number of bad firms …
Persistent link: https://www.econbiz.de/10010261107