Showing 1 - 10 of 106
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The...
Persistent link: https://www.econbiz.de/10010343222
This paper considers the effect of corruption on the effciency of capital investment. Using firm-level level data from … informal bribe payments distorts the efficient allocation of capital by reducing the marginal return per unit investment. Using … decreases investment efficiency, as measured using both absolute and relative metrics of investment returns. The negative effect …
Persistent link: https://www.econbiz.de/10010319956
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and … problem requires pioneering investment. Since this generates externalities it will be undersupplied. Donors have both the …
Persistent link: https://www.econbiz.de/10010319804
Based on a unique panel dataset consisting of both formal and informal firms surveyed every other year from 2005 to 2013, this paper explores the benefits of formalization to the government and firm employees in Vietnam. We find that formalization benefits the government by increasing the amount...
Persistent link: https://www.econbiz.de/10011418575
This paper examines the relationship between formalization and firm-level outcomes in Vietnam using a unique panel dataset. Results show that switching firms differ from informal nonswitching firms, confirming heterogeneity. We also find that becoming formal leads to increased profits, value...
Persistent link: https://www.econbiz.de/10011418583
Slack resources are usually identified as an endogenous motivation for firms' innovation. Still, it is crucial to assess the importance of slack in supporting innovation, especially in different institutional contexts. Therefore, the paper investigates the relationship by exploring a...
Persistent link: https://www.econbiz.de/10011943885
A substantial amount of research has been conducted examining inequality in South Africa using multiple data sources. We provide an overview of this research in this paper. Furthermore, we use nationally representative survey data to estimate income and consumption inequality in South Africa...
Persistent link: https://www.econbiz.de/10014477477
We present a new approach for the empirical investigation of agglomeration patterns. We examine the clustering of manufacturing firms by identifying patterns of spatial network formation that deviate from randomly generated networks. Using firm-level panel data from Vietnam we calculate...
Persistent link: https://www.econbiz.de/10010319855
This paper uses two unique panel data sets to study the causal effect that armed conflict has over entrepreneurial activity in Colombia. Using a fixed effect estimation methodology at the plant level and controlling for the possible endogeneity of armed conflict through the use of instrumental...
Persistent link: https://www.econbiz.de/10010280242
Firm turnover (i.e. firm entry and exit) is a well-recognized source of sectorlevel productivity growth across … form an important component of productivity growth. …
Persistent link: https://www.econbiz.de/10010280249