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Democratic development and credit : "Democracy doesn't come cheap" but at least credit to its corporations will be
Delēs, Manthos D.; Hasan, Iftekhar; Ongena, Steven - 2017
democratization has a sizeable negative effect on loan spreads: a one-point increase in the zero-to-ten Polity IV index of democracy …
Persistent link: https://www.econbiz.de/10011761252
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Campaign Contributions and Firm Performance : The 'Latvian Way'
Dombrovsky, Vyacheslav - 2010
This paper examines the effect of political connections on firm performance in Latvia, using a unique dataset that allows identifying the universe of all firms that made campaign contributions directly, through their board members, or shareholders. To address endogeneity issues, it employs a...
Persistent link: https://www.econbiz.de/10014216346
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Assessing the development gap
Sinicina, Irina S. (contributor) - 2007
Persistent link: https://www.econbiz.de/10003596852
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Reform, uncertainty and spillovers : a gravity model approach
Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - 2012
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009503832
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Economic convergence and structural change in the new member states of the European Union : convergence in volumes, prices and the share of services, with implications for wage con...
Obláth, Gábor; Palócz, Éva; Popper, Dávid; … - 2015
We analyze four interrelated aspects of economic convergence and their linkages over the period 1999-2013, drawing on the experiences of 26 member states of the European Union, with special focus on the ten Central and East-European new members (the EU10). These aspects are (1) real economic,...
Persistent link: https://www.econbiz.de/10011333487
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Assessing the Development Gap
Sinitsina, Irina - 2009
Current report aims to identify major existing gaps in the four socio-economic dimensions (economic, human, environmental, and institutional) and to reveal those gaps which could potentially hinder social and economic integration of neighbor states with the EU. To achieve this, the authors aim...
Persistent link: https://www.econbiz.de/10012718001
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Political Constraints and Economic Reform : Empirical Evidence from the Post-Communist Transition in the 1990s
Pirttila, Jukka - 2014
Using data from transition economies, this paper examines linkages between political constraints and economic reforms. Estimation results suggest that progress in reform is positively associated with public support for reforms, which is affected by income inequality and expected individual...
Persistent link: https://www.econbiz.de/10013047938
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Democracy and international trade : differential effects from a panel quantile regression framework
Abeliansky, Ana; Krenz, Astrid - 2015
There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on … variables estimation. Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least … (1996) which suggest that the effects of democracy for economic growth are not uniform for all countries. …
Persistent link: https://www.econbiz.de/10010513375
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The corruption-growth relationship : do political institutions matter?
Saha, Shrabani; Sen, Kunal - 2019
Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian Paradox'. Is this negative relationship equally likely...
Persistent link: https://www.econbiz.de/10012102930
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Economic and political liberalizations
Giavazzi, Francesco; Tabellini, Guido Enrico - 2004
liberalizations correspond to the event of becoming a democracy. Using a difference-indifference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10011450308