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Legislative Vetoes and Corruption: The Effect of Formal Checks on Governance

B. Heller, William; P. Kyriacou, Andreas; … - Volkswirtschaftliche Fakultät, … - 2014

What keeps corruption in check? Politicians have incentives to both avoid and actively oppose corruption when voters can hold them accountable for it. But to punish malfeasance voters have to know about it, and corrupt actors don’t want such information to be easy to find. Moreover, we argue...

Persistent link: https://www.econbiz.de/10011150774

The exporter productivity premium along the productivity distribution: evidence from quantile regression with nonadditive firm fixed effects

Powell, David; Wagner, Joachim - In: Review of World Economics (Weltwirtschaftliches Archiv) 150 (2014) 4, pp. 763-785

A vast literature on the international activities of heterogeneous firms finds the existence of a positive exporter productivity premium. On average, exporting firms are more productive than firms that sell on the national market only. The Melitz (Econometrica 71:1695–1725, <CitationRef CitationID="CR27">2003</CitationRef>) model,...</citationref>

Persistent link: https://www.econbiz.de/10011151033

Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation

Teal, Francis; Söderbom, Måns - Department of Economics, Oxford University - 2003

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key implication of several versions of endogenous growth theory. To answer the question we use panel data on 93 countries spanning the 1970-2000 period. Controlling for fixed effects as...

Persistent link: https://www.econbiz.de/10011152494

The occupations of regulators influence occupational regulation: evidence from the US private security industry

Meehan, Brian; Benson, Bruce - In: Public Choice 162 (2015) 1, pp. 97-117

Licensing requirements for US private security firms and guards differ substantially from state to state. State regulatory institutions for this industry also vary considerably. Some states have specialized regulatory boards with industry personnel (guards, firm owners) and/or public police as...

Persistent link: https://www.econbiz.de/10011154730

Assessment of the public tools used to promote R&D investment in Spanish SMEs

Romero-Jordán, Desiderio; Delgado-Rodríguez, María; … - In: Small Business Economics 43 (2014) 4, pp. 959-976

In this paper, we identify the potential determinants of firm R&D to understand the effectiveness of public policies. Our results suggest a considerably low impact of tax credits and public grants on the R&D investment of the Spanish manufacturing firms. Tax credits are mainly considered by...

Persistent link: https://www.econbiz.de/10011154822

Self-employment and the local business cycle

Svaleryd, Helena - In: Small Business Economics 44 (2015) 1, pp. 55-70

The business cycle is likely to be of importance for self-employment rates. When the economy is growing, business opportunities open up and encourage the setup of new firms. In downturns, self-employment may be a way to avoid unemployment. The strength of these pull and push factors may depend...

Persistent link: https://www.econbiz.de/10011154853

Is foreign direct investment good for the poor? New evidence from African countries

Fowowe, Babajide; Shuaibu, Mohammed - In: Economic Change and Restructuring 47 (2014) 4, pp. 321-339

enhance the efficiency of FDI in reducing poverty. Copyright Springer Science+Business Media New York 2014 …

Persistent link: https://www.econbiz.de/10011154928

Scale Efficiency in Canadian Trust Companies

Breslaw, Jon; McIntosh, James - In: Journal of Productivity Analysis 8 (1997) 3, pp. 281-292

A new method for estimating a relative scale function is derived which does not require the specification or estimation of the firm's cost function. The method is applied to a panel of Canadian trust companies for the years 1985–1988. Results show that the industry scale function is convex...

Persistent link: https://www.econbiz.de/10011154944

A finite sample improvement of the fixed effects estimator applied to technical inefficiency

Wikström, Daniel - In: Journal of Productivity Analysis 43 (2015) 1, pp. 29-46

<Para ID="Par1">The fixed effects (‘FE’) estimator of technical inefficiency performs poorly when N (the ’number of firms’) is large and T (the ‘number of time observations’) is small. We propose kernel estimators, which includes the FE estimator as a special case. In terms of criteria based on...</para>

Persistent link: https://www.econbiz.de/10011154962

The Relationship Between Stock Market Returns and Technical Efficiency Innovations: Evidence from the US Airline Industry

Alam, Ila; Sickles, Robin - In: Journal of Productivity Analysis 9 (1998) 1, pp. 35-51

efficiency. Using linear programming techniques (Data Envelopment Analysis and Free Disposal Hull), technical efficiencies are … calculated for a panel of eleven US airlines observed quarterly from 1970–1990. A relationship, between efficiency news in a … firms with the most positive efficiency news and short-selling those with the worst news during this time frame, results in …

Persistent link: https://www.econbiz.de/10011155005