Showing 1 - 10 of 588
The demand for cash balances of financial intermediaries that establish contractual liabilities with credit-sensitive customers is characterized. As stated by Merton, the success of the business activities of such firms crucially depends on their credit quality, and hence, they are obliged to...
Persistent link: https://www.econbiz.de/10013160192
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
European business services has witnessed about two decades of virtual productivity stagnation. The paper investigates … indicator for the effectiveness of market selection. We use a DEA method to construct the productivity frontier by sub … lack of import penetration. The results suggest that policy reform and more market openness will have positive productivity …
Persistent link: https://www.econbiz.de/10011260340
individual banks, the efficiency and productivity of the overall industry declined after regulation. We also find that … productivity had positive growth before regulation mainly due to improvements in pure technology, and that government ownership had … government regulation on the performance of the Iranian banking industry over the period 2003-2008. An alternative decomposition …
Persistent link: https://www.econbiz.de/10011260807
Measuring the productivity of highway concessionaires is very relevant, especially when a price cap regulation is … applied where tariff increases are based on expected improvements of productivity. Output may be measured in terms of traffic … productivity we consider only operating costs, as amortization and financial costs depend upon the original highway design and …
Persistent link: https://www.econbiz.de/10009651391
The paper investigates whether scale effects, market structure, and regulation determine the poor productivity … business services' productivity performance. In particular regulation-caused exit and labour reallocation costs have … performance of the European business services industry. We apply parametric and nonparametric methods to estimate the productivity …
Persistent link: https://www.econbiz.de/10008532155
seemed to solve stagflation but only repressed it and resulted into the crisis since 2007. The return of regulation also … causes the return of stagflation: what was repressed before now is into the open again. Re-regulation is required indeed but …
Persistent link: https://www.econbiz.de/10011108214
The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
I investigate the relationship between university rankings and economic growth and found that the relationship is statistically significant. The more the number of universities that a country has in international university rankings, the higher its GDP per capita. What is more surprising is...
Persistent link: https://www.econbiz.de/10013061096
productivity are found to be the main factors determining relocation in the sector. These processes are facilitated by the …
Persistent link: https://www.econbiz.de/10014159354