Showing 1 - 10 of 11
This paper modifies a standard model of law enforcement to allow for learning by doing. We incorporate the process of … enforcement learning by assuming that the agency’s current marginal cost is a decreasing function of its past experience of … ability of future apprehension at a lower marginal cost. We focus on the impact of enforcement learning on optimal compliance …
Persistent link: https://www.econbiz.de/10011259395
We propose a dynamic efficiency wage model with learning by doing. By taking into account the change inthe stock of …
Persistent link: https://www.econbiz.de/10011260019
This paper compares more direct measures of the institutional environment with both the instability proxies used by Barro (1991) and the Gastil indices, by comparing their effects both on growth and private investment. The results provide substantial support for the position that the...
Persistent link: https://www.econbiz.de/10008530718
This paper describes the gradual accumulation of indicators and evidence of the links between governance and growth …, focusing on broad cross-country analyses. While each governance indicator developed thus far is in some way imperfect, the … point in the same direction: good governance is crucial for growth. Unfortunately, while current indicators are getting …
Persistent link: https://www.econbiz.de/10008788805
This paper makes two contributions to the literature. First, it introduces a new, easily accessed and objective measure of the enforceability of contracts and the security of property rights. Second, it uses this measure to provide additional and more direct evidence about the importance of...
Persistent link: https://www.econbiz.de/10008685502
This paper highlights formally the interaction existing between the quality of institutional governance, the education … sector and economic growth. More fundamentally, we show how the quality of institutional governance matters in giving …
Persistent link: https://www.econbiz.de/10011108339
This paper is a theoretical introduction to modern governance of universities in developing countries. Indeed, adopting …
Persistent link: https://www.econbiz.de/10011108454
links between the quality of governance, financial development and economic development. The main theoretical predictions …
Persistent link: https://www.econbiz.de/10011112584
-relevant, politically acceptable, quantitative indicators of governance. There are two major components involved in the process of … benchmarks of good governance that can be embraced by reformers. In addition to political acceptability, measuring governance …. This paper explores some of the most promising second generation indicators of good governance and elaborates on how they …
Persistent link: https://www.econbiz.de/10008642689
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10010427596