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Institutions and Diversification: Related versus Unrelated Diversification in a Varieties of Capitalism framework
Boschma, Ron; Capone, Gianluca - Disciplinegroep Economische Geografie, Faculteit … - 2014
The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …
Persistent link: https://www.econbiz.de/10010942927
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Institutions and Diversification: Related versus Unrelated Diversification in a Varieties of Capitalism framework
Boschma, Ron; Capone, Gianluca - Centre for Innovation, Research and Competence in the … - 2015
The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …
Persistent link: https://www.econbiz.de/10011251901
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Halfway Between the Midterm and the Finals: a Crash-course in Development Policy for Serbian Leaders
Malovic, Marko - In: Economic Analysis 45 (2012), pp. 1-13
Twelve years into transition process, Serbia doesn’t have consistent, if any, let alone coherent economic development policy. This review is therefore aimed at Serbian (and alike transition countries’) policy-makers and stake-holders in an effort to distill the ever-green lessons available...
Persistent link: https://www.econbiz.de/10010969068
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Do weak institutions prolong crises? : On the identification, characteristics, and duration of declines during economic slumps
Bluhm, Richard; De Crombrugghe, Denis; Szirmai, Adam - United Nations University-Maastricht Economic Research … - 2013
This paper defines economic slumps as a sequence of structural breaks exhibiting a specific pattern. We identify 58 such episodes between 1950 and 2008 among a large sample of countries, and then examine the phases of decline. In several countries declines last extremely long, and we suggest...
Persistent link: https://www.econbiz.de/10010856482
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Do Weak Institutions Prolong Crises? On the Identification, Characteristics, and Duration of Declines during Economic Slumps
Bluhm, Richard; Crombrugghe, Denis de; Szirmai, Adam - CESifo - 2014
This paper defines economic slumps as sequences of structural breaks exhibiting a specific pattern. We identify 58 such episodes between 1950 and 2008 among 138 countries, and then examine the phases of decline and their duration. In some countries declines last extremely long, and we put...
Persistent link: https://www.econbiz.de/10010736742
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Manufacturing Productivity: Effects of Service Sector Innovations and Institutions
Foster-McGregor, Neil; Pöschl, Johannes; Stehrer, Robert - Wiener Institut für Internationale … - 2012
A major international transmission channel of productivity increases is trade in intermediate products and services. This paper analyses international rent spillovers at the industry level and for the first time investigates effects from the service sector in this international framework. The...
Persistent link: https://www.econbiz.de/10010686970
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Trade Openness, Institutional Change and Economic Growth
Navas, Antonio - Department of Economics, University of Sheffield - 2013
This paper creates a theory of endogenous growth with endogenous institutional change to analyse the impact that trade openness has on economic growth through a change in institutions in pre-industrial societies. An elite (landowners) controlling the political power expropriates another social...
Persistent link: https://www.econbiz.de/10010717647
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Institutions and Diversification of the Economies in Transition: Policy Challenges
Hare, Paul G. - Centre for Economic Reform and Transformation, School … - 2008
Diversification, especially in the context of small, highly trade-dependent economies, has recently become quite a …-income countries seeking to improve their economic conditions or strengthen their economies. However, diversification per se is not …-making, and assessing the circumstances under which economic diversification can indeed be a desirable goal for a country to …
Persistent link: https://www.econbiz.de/10005187396
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Institutions and the Location of Oil Exploration
Cust, James; Harding, Torfinn - Department of Economics, Oxford University - 2013
The spatial distribution of oil is determined by natural geography alone. However, we show that the distribution of oil exploration is affected by the quality of countries’ institutions. A global data set on the precise location of oil wells and national borders allows for a regression...
Persistent link: https://www.econbiz.de/10011133078
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Institutions and the Location of Oil Exploration
Cust, James; Harding, Torfinn - Oxford Centre for the Analysis of Resource-Rich … - 2014
We provide evidence that institutions strongly influence where investors drill for oil and gas. At national borders, investors drill on the side with better institutionalquality two times out of three. To identify the effect of institutions, we utilise a global data set on the location of...
Persistent link: https://www.econbiz.de/10011071722