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The Role of Institutional Development in Education System: R&D and Innovation and their Impact on Economic Growth
Shukarov, Miroljub; Maric, Kristina - 2015
crucial for economic growth. Thus, investing in education, R&D and innovation is essential for a country's prospects for …
Persistent link: https://www.econbiz.de/10011920262
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The Political Economy of Corruption and and the Role of Financial Institutions
Hainz, Christa; Boerner, Kira - 2005
probabilistic voting model, we show that a lack of financial institutions can lead more corruption as more voters are part of the … corrupt system. Well-functioning financial institutions, in turn, can increase the political support for anti …
Persistent link: https://www.econbiz.de/10010295959
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Quality of Institutions, Credit Markets and Bankruptcy
Hainz, Christa - 2005
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank …. We show that institutions must improve significantly in order to yield a stable equilibrium in which the optimal number … of firms is liquidated. There is also a range where improving institutions may decrease the number of bad firms …
Persistent link: https://www.econbiz.de/10010295971
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FDI, Regulations and Growth
Busse, Matthias; Groizard Cardosa, José Luis - 2006
The paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. We argue that countries need a sound business environment in the form of good...
Persistent link: https://www.econbiz.de/10010295993
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The Impact of Financial Integration on Institutions in Autocracies
Dadasov, Ramin; Harms, Philipp; Lorz, Jens Oliver - 2009
It is often argued that a saticfactory institutional quality is prerequi- site for successfull financial integration. This paper analyzes the influence of financial integration on institutional quality. We construct a dynamic politico-economic model in which the ruling elite uses its political...
Persistent link: https://www.econbiz.de/10010301478
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Patterns and determinants of agro-food trade of the BRIC countries: The role of institution
Bojnec, Štefan; Fertő, Imre; Fogarasi, József - 2011
Agro-food trade between the BRIC countries has increased. Brazil and China contributed to the rapid increase of agro-food trade. The Russian Federation experienced the stagnating and the most volatile agro-food trade over time. The composition of agro-food trade for the BRIC countries varies by...
Persistent link: https://www.econbiz.de/10010306941
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Is the facilitation of sustainable market access achievable? Design and implementationlessons from Armenia
Gow, Hamish; Shanoyan, Aleksan - 2010
agricultural development literature has begun exploring the appropriate structure of third-party facilitated institutions and …
Persistent link: https://www.econbiz.de/10010307577
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Institutions, policy reforms and efficiency in new member states from Centraland Eastern Europe
Bojnec, Štefan; Fertő, Imre; Jámbor, Attila; Tóth, … - 2010
This paper investigates determinants of agricultural sector efficiency in ten new member states (NMS-10) of the European Union (EU) from Central and Eastern European countries by the non-parametric method Data Envelopment Analysis (DEA) and the panel data analysis. The agricultural sector...
Persistent link: https://www.econbiz.de/10010307584
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Use of coordination fields in food economics
Tóth, József - 2010
The coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional...
Persistent link: https://www.econbiz.de/10010307588
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Institutional innovations, growth performance and policy
Pessoa, Argentino - 2004
setting up a fair and levelled ground may not be enough to stimulate productive dynamism; c) Institutional innovation requires … growth, development policy, market/government failure, institutions, spillovers, stylised facts. …
Persistent link: https://www.econbiz.de/10011318793