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countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 …
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countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 …
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We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...
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