The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …

This paper analyzes the risk allocation in concession models for German highways, according to the "F-Model" and the "A … concession models. Next, theoretical backgrounds and rules of thumb for risk allocation in concessions for road infrastructure … are presented and applied to the F- and A-Model. Both models show significant weaknesses with regard to risk allocation …

In France, firms with 50 employees or more face substantially more regulation than firms with less than 50. As a result … regulation as the combination of a sunk cost that must be paid the first time the firm reaches 50 employees, and a payroll tax … indirect inference by fitting the discontinuity of the size distribution. The key finding is that the regulation is equivalent …

Does finance facilitate efficient allocation of resources? Our aim in this paper is to find out whether increases in …