Showing 1 - 10 of 66
academic freedom and both labor and total-factor productivity growth. However, this effect only appears as long as the quality … of the legal system is sufficiently high. We suggest that this is because such institutional quality offers protection … benefits productivity growth. …
Persistent link: https://www.econbiz.de/10012625815
of economic growth. One of the most striking features of economic development on the sub-Saharan subcontinent is the … the post-2000 period. Neither measures of human capital, geography nor measures of institutional quality appear to explain … this gap, suggesting that colonialism affected deeper societal factors that are crucial for economic growth but that are …
Persistent link: https://www.econbiz.de/10011911139
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
This paper presents annual Swedish time series data on consumption taxes, i.e. the indirect taxation of goods and services, between 1862 and 2010. As a share of total state tax revenues, consumption taxes were very high at the beginning of the period, though as a share of GDP it was rather low....
Persistent link: https://www.econbiz.de/10009709460
This paper examines the development of taxation in Sweden from 1862 to 2013. The examination covers six key aspects of the Swedish tax system: the taxation of labor income, capital income, consumption, inheritance and gift, wealth and real estate. The importance of these taxes varied greatly...
Persistent link: https://www.econbiz.de/10010459612
This paper surveys the development and role of the real estate tax in Sweden between 1862 and 2010. The possibility to tax real estate has been used at both the local and state level throughout history. Its importance is difficult to assess directly due to limited data availability and the...
Persistent link: https://www.econbiz.de/10010392864
. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
Persistent link: https://www.econbiz.de/10009625140
sell post-entry use entry to credibly reveal information on quality. Incumbents are then willing to pay high prices for … high-quality inventions to preempt rivals from obtaining them. Using Swedish data on patents granted to small firms and … individuals, we find evidence that high-quality inventions are sold under preemptive bidding competition, post entry. …
Persistent link: https://www.econbiz.de/10011742388
power and in quality to stimulate content consumption. The profit-maximizing tariff is zero if productive data are highly …
Persistent link: https://www.econbiz.de/10014440751
circumstances characterized by suboptimal institutions. We present an alternative way of generalizing the notion of entrepreneurship … shown that changing the workings of institutions constitutes an important set of entrepreneurial profit opportunities. An … implication of this is that entrepreneurial efforts to reform or offset inefficient institutions can in many cases be welfare …
Persistent link: https://www.econbiz.de/10003756992