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The relationship between environmental efficiency and manufacturing firm's growth

Mazzanti, Massimiliano; Cainelli, Giulio; Zoboli, Roberto - 2008

This paper investigates the empirical link between emission intensity and economic growth, using a very large data set of 61,219 Italian manufacturing firms over the period 2000-2004. As a measure of lagged environmental performance (efficiency) at firm level we exploit NAMEA sector for CO2,...

Persistent link: https://www.econbiz.de/10008799164

Entry on export markets and firm-level performance growth : intra-industrial convergence or divergence?

Mayneris, Florian - 2010

This paper investigates theoretically and empirically the endogenous investment decision of firms conditioning on export decision. It shows that theoretically, whatever the form of preferences, firms that start exporting invest more and grow more than the others. However, it is shown that when...

Persistent link: https://www.econbiz.de/10008749631

Privatization and investment : crowding-out effects vs financial diversification

Girmens, Guillaume; Guillard, Michel - 2002

In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification … of the crowding-out effect, when the revenues of privatization are devoted to present public consumption. …

Persistent link: https://www.econbiz.de/10011598289

The political economy of mass privatization and the risk of expropriation

Schmidt, Klaus M. - 1996

Persistent link: https://www.econbiz.de/10000952456

Optimal fiscal policy in the design of social security reforms

Conesa, Juan Carlos (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003740844

Regulatory independence and political interference : evidence from EU mixed-ownership utilities’ investment and debt

Cambini, Carlo; Rondi, Laura - 2010 - This draft: 11 May 2010

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of independence; b) partial ownership of the state in the regulated...

Persistent link: https://www.econbiz.de/10008729094

Political ownership

Bennedsen, Morten - 1998

Persistent link: https://www.econbiz.de/10000991164

Infrastructure quality in deregulated industries : is there an underinvestment problem

Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2002 - [Elektronische Ressource]

We investigate how various institutional settings affect a network provider’s incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...

Persistent link: https://www.econbiz.de/10001729423

Privatization and financial market development : theoretical issues

Chiesa, Gabriella; Nicodano, Giovanna - 2003

Stock market capitalization in developed countries grew while massive privatization plans were in progress. It is …

Persistent link: https://www.econbiz.de/10011589394

Privatisations as price reforms : evaluating consumers' welfare changes in the UK

Brau, Rinaldo; Florio, Massimo - 2002

This paper analyses the effects on consumers' welfare of the privatisation policy carried out in the UK since 1979. The approach we follow sees the privatisation of a State owned enterprise within the broader framework of the "policy reform" theory (Drèze and Stern, 1990). By adopting this...

Persistent link: https://www.econbiz.de/10011597634