property rights, contracting, and competition institutions is positively related to an increase in the level of credit to the …

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 …

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 …

market players fervently hoped for a bigger market. The regulatory competition between the US and the EU is more replica of …

"keeping up with the Joneses" competition arises, and envy is satisfied through suboptimally high efforts. Economic growth …