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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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Institutions and creative destruction in CEECs : determinants of inefficient use of assets
Fidrmuc, Jarko; Siddiquiy, Martin - 2015
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...
Persistent link: https://www.econbiz.de/10011375699
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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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Bank leverage, welfare, and regulation
Admati, Anat R.; Hellwig, Martin - 2018
funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …
Persistent link: https://www.econbiz.de/10011925841
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Bank leverage, welfare, and regulation
Admati, Anat R.; Hellwig, Martin - 2018 - Revised January 14, 2019
entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …
Persistent link: https://www.econbiz.de/10011977827
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Switzerland's rise to a wealthy nation: Competition and contestability as key success factors
Weder, Beatrice; Weder, Rolf - 2009
This paper argues that economic competition and political contestability are two key determinants of the successful … markets as well as a high degree of competition were crucial for the development of the Swiss economy. In addition, the Swiss …
Persistent link: https://www.econbiz.de/10010273431
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Competitiveness and growth of the Mexican economy
Chiquiar, Daniel; Ramos-Francia, Manuel - 2009
We address the role that deep, structural factors may have as determinants of Mexico's economic growth. We argue that Mexico's poor growth performance appears to be associated not only with shorter-run events such as the "lost decade" of the eighties, but also with supply-side features of the...
Persistent link: https://www.econbiz.de/10003909564