We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US … greater misallocation in Mexico is the weaker size-management relationship compared to the US, particularly in the highly …

actions by bank owners to change management, contract with depositors to extend liability maturity structure, write off bad … assets, and/or inject capital affected bank survival and deposit retention. This historical episode is particularly …

We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …

In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … survival rates from emergency heart attack admissions (AMI). More importantly, we find that higher competition (as indicated by …

This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among …

: competition, business environment, learning spillovers and human capital. Collectively, these drivers account for about a third of …

macroeconomic and bank regulatory reform. Bank regulatory policy promoted privatization, financial liberalization, and free entry …. Argentina's bank regulatory system now is widely regarded as one of the two or three most successful among emerging market …

greater insider ownership leads to less equity issuances. Several tests are consistent with the view that bank insiders are … between bank equity and lending, the results stress that ownership structure can shape the resilience of banks--and hence the …

, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk …, and show that bank risk taking varies positively with the comparative power of shareholders within the corporate … governance structure of each bank. Moreover, we show that the relation between bank risk and capital regulations, deposit …