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Greasing the wheels of entrepreneurship? The impact of regulations and corruption on firm entry

Dreher, Axel; Gassebner, Martin - 2007

The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test whether regulations robustly deter firm entry into the markets. Our results show that some regulations are indeed important determinants of entrepreneurial activity. Specifically,...

Persistent link: https://www.econbiz.de/10010277758

The devil is in the shadow: Do institutions affect income and productivity or only official income and official productivity?

Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - 2007

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...

Persistent link: https://www.econbiz.de/10010277763

Does membership in international organizations increase governments' credibility? Testing the effects of delegating powers

Dreher, Axel; Voigt, Stefan - 2008

This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...

Persistent link: https://www.econbiz.de/10010277771

Do differences in institutional and legal environments explain cross-country variations in IPO underpricing?

Hopp, Christian; Dreher, Axel - 2007

We empirically analyze the determinants of Initial Public Offering (IPO) underpricing using panel data for 29 countries over the period 1988-2005. Our hypotheses stress the importance of institutional and legal factors in explaining cross-country variations. We find that increased protection of...

Persistent link: https://www.econbiz.de/10010277774

Development aid and international politics: Does membership on the UN Security Council influence World Bank decisions?

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2007

We investigate whether temporary members of the UN Security Council receive favorable treatment from the World Bank … temporary UN Security Council membership and the number of World Bank projects a country receives, even after accounting for … economic and political factors, as well as regional and country effects. The size of World Bank loans, however, is not affected …

Persistent link: https://www.econbiz.de/10010277777

The global production frontier of universities

Bolli, Thomas - 2011

This paper provides first micro-level evidence of the global university production frontier, allowing to estimate technical efficiencies of 273 top research universities across 29 countries between 2007 and 2009. Exploiting comparable international data improves the estimation of the production...

Persistent link: https://www.econbiz.de/10010277778

Does membership on the UN security council influence IMF conditionality?

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2010

We investigate whether elected members of the United Nations Security Council receive favorable treatment from the International Monetary Fund (IMF), analyzing panel data on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the period of 1992 to...

Persistent link: https://www.econbiz.de/10010277779

The inverse domino effect: Are economic reforms contagious?

Gassebner, Martin; Gaston, Noel; Lamla, Michael - 2007

This paper examines whether a country's economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...

Persistent link: https://www.econbiz.de/10010277783

Do autocratic states trade less?

Aidt, Toke S.; Gassebner, Martin - 2007

The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...

Persistent link: https://www.econbiz.de/10010277794

Subjective employment insecurity around the world

Green, Francis - 2008

I consider the concept of employment insecurity and provide new evidence for 1997 and 2005 for many countries with widely differing institutional contexts and at varying stages of development. There are no grounds for accepting that workplaces were going through a sea-change in employment...

Persistent link: https://www.econbiz.de/10010277797