Kenya has been going through a period of political reform from 1991 when section 2A of the constitution that had made Kenya a de jure one party state was repealed. The reform followed a prolonged struggle by citizens both within and without the country. Their call for democracy was one that,...

Do intermediate goods help explain relative and aggregate productivity differences across countries? Three observations suggest they do: (i) intermediates are relatively expensive in poor countries; (ii) goods industries demand intermediates more intensively than service industries; (iii) goods...

Hierarchische Kennzahlensysteme stellen eine bedeutende konzeptuelle Grundlage für Management- Informationssysteme dar. In dieser Arbeit wird ein bisher unberücksichtigter Aspekt der Abweichungsanalyse in derartigen Kennzahlensystemen aufgegriffen: die Konsistenz der als signifikant...

This paper investigates the effect of institutional quality on sustainable development.Institutional quality is assumed to determine the (perceived) risk in the face of which oil and mining firms determine their level of investment in physical and natural capital. Since these two types of...