Although economists have long studied the impact of bribery on firms' development, the debate continues as to whether bribery ‘greases' or ‘sands' the growth of businesses. For this investigation, we acquired data from the Business Environment and Enterprise Survey conducted by the World...

This paper empirically studies the determinants of firm bribery activities from the perspective of ownership structure. Using the survey data of Chinese firms from the Enterprise Surveys conducted by the World Bank (2002–2012), we compare the bribery activities of firms with various forms of...

This paper empirically investigates the economic effects of environmental activities. To be specific, it investigates the interactive influence of firms’ environmental management and environmental innovation on their productivity. We consider both internal and external environmental management...

We build a dynamic and heterogeneous firm-level model that embodies joint decisions to export and innovate and allows both decisions to affect the firm’s production growth. We calibrate the model based on Chinese manufacturing firm data from 2005 to 2007 and find that: (1) the industry...

Natural disasters are well known to profoundly affect global economies, and they have received more and more discussions lately. However, it remains inconclusive how natural disasters would affect an economy in the long run. In this study, we empirically investigate the economic impacts of...

This paper empirically examines the determinants that can help job searchers successfully find jobs. We acquire individual-level data from the 2009 National Employment Survey of Chile, and use an innovative non-linear estimation which examines the influences of two individual-level factors: job...

In the past decade, the economy of Appalachian United States has been scarcely discussed in literature, and no studies have been devoted to the local economic development after the outbreak of COVID-19. This paper fills the literature gap and empirically examines how the Appalachian United...

This paper empirically studies the roles of productivity and other factors such as globalization and financial constraints in shaping the innovation-related activities of Chinese firms between 2005 and 2007, in a context of quickly developing economy. Our empirical analysis based on firm-level...

This paper empirically investigates how governments’ COVID-19 relief policies affected firms in 14 post-communist economies under supply chain shortages between May 2020 and January 2022. We constructed a panel dataset with firms that were continuously observed in three rounds of the World...

This paper examines how intermittent trade conflicts affect production, investment, and exports of an industry that produces for both domestic and international markets. We construct a dynamic stochastic model of a representative profit maximizing firm that is exposed to intermittent trade...