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Law, finance, economic growth and welfare : why does legal origin matter?
Asongu, Simplice A. - 2011
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through finance. It is a natural extension of "Law and finance: why does legal origin matter?" by Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine (2003). We find only partial support...
Persistent link: https://www.econbiz.de/10011410416
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Job growth in early transition : comparing two paths
Jurajda, Štěpán; Terrell, Katherine D. - 2002
Small start-up firms are the engine of job creation in early transition and yet little is known about the characteristics of this new sector. We seek to identify patterns of job growth in this sector in terms of niches left from central planning and ask about differences in job creation across...
Persistent link: https://www.econbiz.de/10011413646
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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy - 2010
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
Persistent link: https://www.econbiz.de/10013137792
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The Effects of Business Environments on Development : Surveying New Firm-Level Evidence
Xu, Lixin Colin - 2010
In the past decade, the World Bank has promoted improving business environments as a key strategy for development …, which has led to a significant amount of investment in collecting firm-level investment climate surveys across countries …
Persistent link: https://www.econbiz.de/10013141019
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Understanding Islam : Development, Economics and Finance
Askari, Hossein - 2013
In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from … development as the basis of institutional structure, which in turn, underpin the path of economic and social progress. The … development, economic system and financial practice — are developed …
Persistent link: https://www.econbiz.de/10013072566
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When Do Foreign Banks Finance Domestic Projects? New Evidence on the Importance of Legal and Financial Systems
Esty, Benjamin - 2004
funds, and, presumably, capital investment decisions and economic growth …
Persistent link: https://www.econbiz.de/10012737924
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Ownership Structure, Corporate Governance, and Corporate Performance : The Case of Chinese Stock Companies
Xu, Xiaonian - 2005
This study investigates whether ownership structure has significant effects on the performance of publicly-listed companies in China, and in what way if it does. Publicly- listed stock companies allow us to quantify the ownership mix and concentration and thus provide a unique opportunity for...
Persistent link: https://www.econbiz.de/10012785293
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The United Nations on Trial : Is It a Mission Impossible?
Whelan, Christopher J. - 2017
The purpose of this paper is neither to present a balance sheet of the pros and cons of the UN and its agencies nor to evaluate their overall performance. Instead, it will ask three fundamental questions about the UN: first, what exactly was the original, core, mission of the UN, and why was it...
Persistent link: https://www.econbiz.de/10012957254
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How Much Slack Was There in the Chinese Economy Prior to its Economic Reform of 1978?
Lau, Lawrence J. - 2016
The existence of economic slack or inefficiency is a common phenomenon of economies that operate under mandatory central planning. It implies that the economy operates in the interior of its set of production possibilities and not on its frontier. It also implies that output can be increased...
Persistent link: https://www.econbiz.de/10013003688
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The Intricacies of Tax & Globalization
Leviner, Sagit - 2016
This article reviews Avi-Yonah, Sartori, and Marian's Global Perspectives on Income Taxation Law (Oxford, 2011). It outlines the book's key features and strengths in the quest for understanding the effect of globalization on taxation. In this process, the article also looks into available data...
Persistent link: https://www.econbiz.de/10013007560