Showing 1 - 10 of 569
We develop a model where firms profit from coercing workers into employment under conditions violating national law and …
Persistent link: https://www.econbiz.de/10012859047
The offshoring of production by multinational firms has expanded dramatically in recent decades, increasing these firms’ potential for economic growth and technological transfers across countries. What determines the location of offshore production? How do countries' policies and...
Persistent link: https://www.econbiz.de/10012892039
Several papers have proven that the institutional environment of the receiving country can influence the choice to establish an FDI. Property rights theory suggests that contract enforcement matters differentially across sectors. This paper is the first attempt to test whether institutions...
Persistent link: https://www.econbiz.de/10013316890
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 studies financial service provision booked through offshore financial centers (OFCs). Based on several novel data sources and recent advances in event study methodology, I exploit the natural experiment of re-occurring hurricanes hitting small islands and compare local reactions to...
Persistent link: https://www.econbiz.de/10013315180
institutions and gave prominence to the rule of law in the early stages of state formation in Europe, and how specific features of …
Persistent link: https://www.econbiz.de/10014357030
We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure institutions implemented by the British, on disparity in present day development using district level data from India. Using nightlights per capita as a proxy for district level per...
Persistent link: https://www.econbiz.de/10013231963
In this paper we study how differences in the quality of countries’ institutions affect the impact of natural hazards in these countries. To do so, we first build a new data set that allows us to adequately control for countries’ development and geological characteristics and,...
Persistent link: https://www.econbiz.de/10014264154
This paper deals with the effects of labour market institutions on labour market performance. We analyse as an indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to keep employment constant). We show for a sample of 17 OECD...
Persistent link: https://www.econbiz.de/10013316632
Thomas Friedman's book the world is flat has been a bestseller since it appeared in 2005. The remarkable success of the … argues that distance (however defined) is no longer a dominant characteristic of the world economy, or will cease to be so in …
Persistent link: https://www.econbiz.de/10010275796