Showing 31 - 40 of 67,340
This paper investigates whether high borrowing costs deterred investment in sanitation infrastructure in late nineteenth-century Britain. Town councils had to borrow to fund investment, with considerable variation in interest rates across towns and over time. Panel regressions, using annual data...
Persistent link: https://www.econbiz.de/10012820694
We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...
Persistent link: https://www.econbiz.de/10011406145
In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel 'Regulierung, Bildung und Wohlstand - der IW-Regulierungsindex'. Enrico Schöbel und Lars Petersen setzen sich damit kritisch auseinander und Dominik H. Enste und Jochen Wicher erläutern ihren Standpunkt...
Persistent link: https://www.econbiz.de/10010516333
In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel 'Regulierung, Bildung und Wohlstand - der IW-Regulierungsindex'. Enrico Schöbel und Lars Petersen setzen sich damit kritisch auseinander und Dominik H. Enste und Jochen Wicher erläutern ihren Standpunkt...
Persistent link: https://www.econbiz.de/10010516334
We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...
Persistent link: https://www.econbiz.de/10011375699
This article aims to contribute to the ongoing debate on post-capitalist economy by exploring the contours of a sustainability-oriented model of economic governance. To this end, the article analyzes the issues of sustainable development in the three main strands of international economic law...
Persistent link: https://www.econbiz.de/10012908461
Where democracy is fragile and institutions function poorly, particularly in a developing country, competition law … competition law framework cannot be taken for granted. Yet the effort and resource commitments must be made. This article … introduces the new competition regime in the Philippines. From a general perspective it recalls that while competition law does …
Persistent link: https://www.econbiz.de/10012945437
Financial repression (legal restrictions on interest rates, credit allocation, capital movements, and other financial operations) was widely used in the past but was largely abandoned in the liberalization wave of the 1990s, as widespread support for interventionist policies gave way to a...
Persistent link: https://www.econbiz.de/10012859858
Transparency is not to be construed as a waiver of the rights to confidentiality of the parties. The Rule of Law, Court Procedural Rules, accountability and transparent legal processes undoubtedly have been the cornerstones of litigation, and foundation of the Courts, rendering justice to the...
Persistent link: https://www.econbiz.de/10013223617
We document empirical support for a key micro-level channel --- innovation by young, private firms --- through which financial sector deregulation affects economic growth. We find that intrastate banking deregulation, which increased the local market power of banks, decreased the level and risk...
Persistent link: https://www.econbiz.de/10013035909