Méon, Pierre-Guillaume; Sekkat, Khalid; Weill, Laurent - Solvay Brussels School of Economics and Management, … - 2009
This paper investigates the timing of the impact of changes in checks and balances on macroeconomic efficiency in a panel of countries. Using Battese and Coelli’s one-stage approach, we find that increasing checks and balances results in greater efficiency. Furthermore, the impact of...