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We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …
Persistent link: https://www.econbiz.de/10010267880
In many transition economies, insiders controlled state-owned firms, de facto. For such firms, we model the decision about privatization method, focusing on the choice between free distribution (so called 'mass privatization') and management-employee buyouts. We incorporate a political...
Persistent link: https://www.econbiz.de/10011470762
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem … is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous. -- corruption ; bureaucratic …
Persistent link: https://www.econbiz.de/10003330459
privatization is more likely to be chosen if the government is politically weak. -- Corruption ; Bureaucratic Structure ; Developing …
Persistent link: https://www.econbiz.de/10003342111
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …
Persistent link: https://www.econbiz.de/10012778446
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …
Persistent link: https://www.econbiz.de/10014056982
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …
Persistent link: https://www.econbiz.de/10005677392
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …
Persistent link: https://www.econbiz.de/10005566702
entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of … extent of corruption. A cluster of institutional indicators representing 'market freedom' is only significant in some … specifications. Freedom from corruption is significantly related to entrepreneurial entry, especially when the richest countries are …
Persistent link: https://www.econbiz.de/10010272659
corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to …
Persistent link: https://www.econbiz.de/10010274639