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Institutional and Political Determinants of Private Participation in Infrastructure
Moszoro, Marian - 2014
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10012454088
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Track Access Charges in the European Union Railroad Sector : A Consideration of Company Organization and Institutional Quality
Schöne, Andreas; Kunz-Kaltenhäuser, Philipp - 2022
Track access charges are the main driver of infrastructure costs for rail operators in the rail transport sector, accounting for up to 88 percent of costs. This paper analyzes track access charges of 28 EU countries with the respective trajectories of the company forms employing panel...
Persistent link: https://www.econbiz.de/10014079482
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Track access charges in the European Union railroad sector: a consideration of company organization and institutional quality
Schöne, Andreas; Kunz-Kaltenhäuser, Philipp - 2022
Track access charges are the main driver of infrastructure costs for rail operators in the rail transport sector, accounting for up to 88 percent of costs. This paper analyzes track access charges of 28 EU countries with the respective trajectories of the company forms employing panel...
Persistent link: https://www.econbiz.de/10013330928
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Quality of institutions, credit markets and bankruptcy
Hainz, Christa - 2004 - August, 2004 - draft
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank-firm relationship and show that the bank's decision to liquidate bad firms has two opposing effects. First, the bank gets a payoff if a firm is liquidated. Second, it loses the rent...
Persistent link: https://www.econbiz.de/10010440454
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Competition, regulation and institutional quality
Fabella, Raul V. - 2017
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … those where competition policy works better (market power-based failures such as an artificial monopoly or cartel). We also …
Persistent link: https://www.econbiz.de/10011635985
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Incentive contracts and efficient unemployment benefits
Demougin, Dominique; Helm, Carsten - 2009
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10003850266
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Incentive contracts and efficient unemployment benefits in a globalized world
Helm, Carsten; Demougin, Dominique - 2012
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10009697870
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The impact of regulations and institutions on competitiveness and productivity : the case of Greece
Nicolitsas, Daphne - In: European journal of comparative economics 18 (2021) 1, pp. 23-47
The discussion on the causes of the Greek crisis has focused on the twin deficits: the fiscal and current-account deficit. The objective of this paper is to examine how the twin deficits came about implicating structural features of the Greek economy which contributed to the loss in...
Persistent link: https://www.econbiz.de/10012806018
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Local regulation between formal and informal institutions : analysis by application to the case of the town of Ksar-Hellal (Tunisia)
Gaaliche, Makram - In: Atlantic review of economics : AROE 1 (2013)
regulation, as well as their effects on the local companies’ productivities. Indeed, by an analysis of the territory of the Ksar … makers should improve the quality of formal regulation, and this at the expense of any form of regulation built by values …
Persistent link: https://www.econbiz.de/10010231569
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Economics of Philanthropic Institutions, Regulation and Governance in Turkey
Babacan, Mehmet - 2014
This paper merges the literature on regulation, specifically private provision of public goods, and governance with the … discussions under the literature on regulation and governance, particularly the property rights. This paper analyzes the role of …-time provider of public goods, awqaf can be studied of property rights and regulation process, while its organizational structure …
Persistent link: https://www.econbiz.de/10013049495