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Institutions and credit
Farla, Kristine - United Nations University-Maastricht Economic Research … - 2012
property rights, contracting, and competition institutions is positively related to an increase in the level of credit to the …
Persistent link: https://www.econbiz.de/10010712049
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Supply and demand for telecommunication infrastructure
Veith, Tobias - 2010
to initiate adequate investment incentives. Using a two-equation estimation approach, a direct competition effect (more … service competition increases the supply of infrastructure) can be disentangled from an indirect effect (more service … competition increases the demand for infrastructure quality and, as a consequence, increases the supply of infrastructure). While …
Persistent link: https://www.econbiz.de/10008701353
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Elections vs. Political Competition : The Case of the Polish-Lithuanian Commonwealth
Podemska-Mikluch, Marta - 2014
In models of political economy, institutionalization of free and open elections is presented as infusing competition … democratic regime and contributed to the demise of the country. I argue that nobles' democracy emerged from competition between …
Persistent link: https://www.econbiz.de/10013063731
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Market for Agency Costs : Loosing the Competition by Protecting the Ignorant - Good Rules by Good Governance
Goeloe, Giovanni Paolo - 2008
market players fervently hoped for a bigger market. The regulatory competition between the US and the EU is more replica of …
Persistent link: https://www.econbiz.de/10014218900
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Protection of Property Rights and Growth as Political Equilibria
Asoni, Andrea - 2008
This paper presents a survey of the literature on property rights and economic growth. It discusses different theoretical mechanisms that relate property rights to economic development. Lack of protection of property rights can result in slow economic growth through different channels:...
Persistent link: https://www.econbiz.de/10010320102
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Globalization, institutions, and the ethnic divide: Recent longitudinal evidence
Wunnava, Phanindra V.; Mitra, Aniruddha; Prasch, Robert E. - 2012
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10010282215
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From institutions to financial development and growth : what are the links?
Fernández, Andrés; Tamayo, César E. - 2015
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
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Property rights and economic freedom: an econometric analysis
Van, Germinal G. - 2020
The purpose of this paper is to establish a positive correlation between property rights and economic freedom. It seeks to demonstrate that property rights lead to economic freedom. From a purely theoretical perspective, it has been assumed that greater access to property rights leads to...
Persistent link: https://www.econbiz.de/10012437721
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Resolving financial distress where property rights are not clearly defined : the case of China
Franks, Julian R.; Miao, Meng; Sussman, Oren - 2022
We use data on financially distressed Chinese companies in order to study a debt market where property rights are crudely defined and poorly enforced. To help with identification we use an event where a business-friendly province published new guidelines regarding the administration and...
Persistent link: https://www.econbiz.de/10013555712
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Investing in Public Infrastructure : Roads or Schools?
Atolia, Manoj - 2017
Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are...
Persistent link: https://www.econbiz.de/10012945687