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The Causal Effects of Enclosures on Production and Productivity
Lazuka, Volha; Bengtsson, Tommy; Svensson, Patrick - 2023
Enclosures enforced private property rights at the onset of industrialization, yet numerous estimations of the enclosures' effects on production and productivity rely on non- experimental designs. We estimate the causal effects of enclosure reforms applying state- of-the-art...
Persistent link: https://www.econbiz.de/10014377297
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Evaluating the Impacts of Minigrid Electrification in Sub-Saharan Africa
Ayhan, Sinem H.; Falchetta, Giacomo; Steckel, Jan C. - 2022
A large share of the population of sub-Saharan Africa (SSA) lacks access to modern energy services. To bridge the electricity access gap, distributed power generation systems such as minigrids and stand-alone photovoltaic systems emerge as attractive options in the power supply solution space....
Persistent link: https://www.econbiz.de/10013426315
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Economic Production and the Spread of Supernatural Beliefs
Araújo, Daniel; Carrillo, Bladimir; Sampaio, Breno - 2021
on pastoralism favored the adoption of customs that contributed to the reduction in witchcraft beliefs. Pastoral … belief in witches. The results using an instrumental variable based on the ecological determinants of pastoralism … live today in locations with low levels of suitability for pastoralism but belong to ethnic groups that have historically …
Persistent link: https://www.econbiz.de/10012882514
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Outsourcing Public Services: Contractibility, Cost, and Quality
Andersson, Fredrik; Jordahl, Henrik; Josephson, Jens - 2019
We review the literature on public sector outsourcing to explore if the theoretical predictions from the incomplete contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and magnitude of their contractibility problems. The...
Persistent link: https://www.econbiz.de/10012059131
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Delegation of Authority as an Optimal (In)complete Contract
Roider, Andreas - 2004
The present paper aims to contribute to the literature on the foundations of incomplete contracts by providing conditions under which simple delegation of authority is the solution to the complete-contracting problem of the parties. We consider a hold-up framework where both parties profit from...
Persistent link: https://www.econbiz.de/10010262045
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Contracting with Private Information
Hagedorn, Marcus - 2003
This paper adds to the current literature on incomplete contracting that argues that deviating from a complete information, transaction-cost free environment may be may generate valuable insights. We achieve this by assuming bargaining with asymmetric information. We consider the consequences of...
Persistent link: https://www.econbiz.de/10010262108
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Are oligarchs productive? Theory and evidence
Gorodnichenko, Yuriy; Grygorenko, Yegor - 2008
This paper develops a partial equilibrium model to account for stylized facts about the behavior of oligarchs, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are more likely than other owners to invest in productivity...
Persistent link: https://www.econbiz.de/10010268738
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Entrepreneurial entry: which institutions matter?
Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - 2009
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10010269212
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Better means more: property rights and high-growth aspiration entrepreneurship
Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2009
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect...
Persistent link: https://www.econbiz.de/10010271286
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Economic governance of MFIs: Inside the black box
Arun, Thankom; Annim, Samuel Kobina - 2010
This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...
Persistent link: https://www.econbiz.de/10010274571