Showing 1 - 10 of 581
We use survey responses by firms to examine the firm-level determinants and effects of political influence, their perception of corruption and prevalence of bribe paying. We find that: (a) measures of political influence and corruption/bribes are uncorrelated at the firm level; (b) firms that...
Persistent link: https://www.econbiz.de/10013315996
given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in the … condition an interest group prefers to direct its lobbying efforts to two parties or the two coalition and opposition blocks of …
Persistent link: https://www.econbiz.de/10013315833
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how these two industries interact and how labor is allocated between them. We show that the observed shift in employment from manufacturing to retailing, the...
Persistent link: https://www.econbiz.de/10013122636
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: financial … financial integration predict better growth prospects; both advances in financial integration and globalization are associated … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10013091562
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10013092012
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10012963770
This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two margins of global engagement we consider, namely,...
Persistent link: https://www.econbiz.de/10013000911
worse. Globalization impacts educational behavior and labor market outcomes differently as the extent of firms engaged in …
Persistent link: https://www.econbiz.de/10013075958
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (quot;compensation hypothesisquot;). Employing two different datasets and various measures of globalization, we … analyze whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries …
Persistent link: https://www.econbiz.de/10012779699