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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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Enhancing business dynamism and consumer welfare in Costa Rica with regulatory reform
González Pandiella, Alberto - 2020
on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD …. Regulatory reform can improve consumer welfare by boosting competition and thus lowering prices of key goods and services, which … competition will also allow higher wages. Reducing barriers to entry can facilitate firm creation, boosting investment and jobs. …
Persistent link: https://www.econbiz.de/10012304414
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Policies for stronger productivity growth in Latvia
Yashiro, Naomitsu; Klein, Caroline; Rastrigina, Olga; … - 2019
Latvia’s productivity growth is held back by weak innovation and inefficient resource allocation. The shortage of skilled workers which constrains innovation and the adoption of digital technologies must be addressed through further alignment of vocational and tertiary education with labour...
Persistent link: https://www.econbiz.de/10012111112
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Strengthening competition in Poland
Égert, Balázs; Goujard, Antoine - 2014
sector regulators in network industries and the powers of the Competition Authority can still be enhanced, as the reform …
Persistent link: https://www.econbiz.de/10010375394
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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
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Natural monopoly and distorted competition : evidence from unbundling fiber-optic networks
Minamihashi, Naoaki - 2012
Can regulation solve problems arising from a natural monopoly? This paper analyzes whether "unbundling", referring to regulations that enforce sharing of natural monopolistic infrastructure, prevents entrants from building new infrastructure. It models and estimates a dynamic entry game to...
Persistent link: https://www.econbiz.de/10009583696
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Resilient infrastructure for thriving firms : a review of the evidence : Lifelines: the Resilient Infrastructure Opportunity : background paper
Braese, Johannes; Rentschler, Jun; Hallegatte, Stéphane - 2019
This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a crucial foundation for enabling businesses to thrive....
Persistent link: https://www.econbiz.de/10012052043
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The impact of regulation and competition on the migration from old to new communications infrastructure : recent evidence from EU27 member states
Briglauer, Wolfgang - 2014
policies and competition controlling for relevant supply and demand side factors. Our econometric model employs dynamic panel … impact on investment in new infrastructure. Furthermore, infrastructure-based competition from mobile operators and the …
Persistent link: https://www.econbiz.de/10010424793
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The impact of alternative public policies on the deployment of new communications infrastructure : a survey
Briglauer, Wolfgang; Frübing, Stefan; Vogelsang, Ingo - 2015
regulatory holidays or geographically differentiated regulations, ii) deregulatory approaches based on effective competition law … of access regulations exist, whereas only a much smaller branch of literature addresses the impact of competition … in grey areas, if there is sufficient pressure from competitive outside options and if competition law is strong. Finally …
Persistent link: https://www.econbiz.de/10010462525