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We link a new database of politically exposed persons with the complete register of firms established in Mozambique since Independence. Focusing on the network of connections between firm owners, we use a generalized event study analysis to show that holders of political office achieve...
Persistent link: https://www.econbiz.de/10015423440
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This paper considers the effect of corruption on the efficiency of capital investment. Using firm-level level data from … the World Bank enterprise surveys, covering 90 developing and transition economies, we consider whether the cost of …
Persistent link: https://www.econbiz.de/10013040315
This paper considers the effect of corruption on the efficiency of capital investment. Using firm-level level data from … the World Bank enterprise surveys, covering 90 developing and transition economies, we consider whether the cost of …
Persistent link: https://www.econbiz.de/10013040375
Persistent link: https://www.econbiz.de/10012939951
Persistent link: https://www.econbiz.de/10012506776
This paper considers the effect of corruption on the effciency of capital investment. Using firm-level level data from … the World Bank enterprise surveys, covering 90 developing and transition economies, we consider whether the cost of …-sized enterprises. -- corruption ; efficiency ; rent-seeking ; capital investment …
Persistent link: https://www.econbiz.de/10009508596
Persistent link: https://www.econbiz.de/10001740282
The objective of this paper is to survey what is actually known about the finance-growth relationship based on theory and empirical work. We point out that traditional theoretical models linking financial development and economic growth do not pay sufficient attention to insights emerging from...
Persistent link: https://www.econbiz.de/10013040218
This paper considers the effect of corruption on the effciency of capital investment. Using firm-level level data from … the World Bank enterprise surveys, covering 90 developing and transition economies, we consider whether the cost of …
Persistent link: https://www.econbiz.de/10010319956