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much emphasis needs to be placed on pro-competitive regulation to ensure competitive market conditions and argues that …
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, it probes whether the combination of government ownership and regulation helps overcome some of the shortcomings of the … regulation of private firms. Although we find hints of tensions between state ownership and government regulation, we do not find …
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The scope of privatization -- Why do countries privatize? -- How do countries privatize? -- Empirical evidence on privatization's effectiveness in non-transition economies -- Empirical evidence on privatization in transition economies -- The structure and investment performance of privatization...
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Using a newly available World Bank survey of over 28,000 firms from 46 countries, we examine how financial development affects firm innovation around the world. We find that while stock market development significantly enhances firm innovation, banking sector development has mixed effects. We...
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