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Determinants of International Migration: Empirical Evidence for Migration from Developing Countries to Germany

Rotte, Ralph; Vogler, Michael - C.E.P.R. Discussion Papers - 1998

international migration from developing to developed countries. In addition, we look at the relationship between trade, development … and migration. Empirical studies focusing on international migration from Less Developed Countries (LDCs) are, so far …, very scarce. In this paper, we utilize a new dataset that is based on migration to Germany from 86 African and Asian …

Persistent link: https://www.econbiz.de/10005792254

The Resource Curse: A Corporate Transparency Channel

Durnev, Artyom; Guriev, Sergei - C.E.P.R. Discussion Papers - 2007

We propose and investigate a new channel through which the resource curse - a stylized fact that countries rich in natural resources grow slower - operates. Predatory governments are more likely to expropriate corporate profits in natural-resource industries when the price of resources is...

Persistent link: https://www.econbiz.de/10005504390

Financial Development, Property Rights and Growth

Claessens, Stijn; Laeven, Luc - C.E.P.R. Discussion Papers - 2002

This Paper investigates how the legal framework not only affects the amount of external financing available, but also firms’ resource allocation among different types of assets. Using a simple model, we show that in a weaker legal environment a firm will get less financing, and thus invest...

Persistent link: https://www.econbiz.de/10005504760

Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries

Denisova, Irina; Eller, Markus; Frye, Timothy; … - C.E.P.R. Discussion Papers - 2007

A 2006 survey of 28,000 individuals in 28 post-communist countries reveals overwhelming support for revising privatization, but most respondents prefer to leave firms in private hands. We examine who wants to revise privatization and why. Respondents with poor human capital and few assets...

Persistent link: https://www.econbiz.de/10005497879

Organizing the Global Value Chain

Antràs, Pol; Chor, Davin - C.E.P.R. Discussion Papers - 2012

We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...

Persistent link: https://www.econbiz.de/10011083351

Intellectual Property Rights and Efficient Firm Organization

Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2012

I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non- contractible investment. In equilibrium,...

Persistent link: https://www.econbiz.de/10011084191

A Model of Equilibrium Institutions

Guimarães, Bernardo; Sheedy, Kevin D. - C.E.P.R. Discussion Papers - 2012

Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where any group that exerts sufficient fighting effort can...

Persistent link: https://www.econbiz.de/10011084465

Optimal Allocation of Ownership Rights in Dynamic R&D Alliances

Rosenkranz, Stephanie; Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2001

We explore the dynamic evolution of property rights regimes in R&D alliances using the incomplete contract approach pioneered by Grossman, Hart and Moore (Hart and Moore, Journal of Political Economy (1990), and Grossman and Hart, Journal of Political Economy (1986)). In contrast to the standard...

Persistent link: https://www.econbiz.de/10005067424

Property Rights and Economic Growth: Evidence from a Natural Experiment

Brunt, Liam - C.E.P.R. Discussion Papers - 2007

In 1795 the British took control of the Cape colony (South Africa) from the Dutch; and in 1843 they exogenously changed the legal basis of landholding, giving more secure property rights to landholders. Since endowments and other factors were held constant, these changes offer clean tests of the...

Persistent link: https://www.econbiz.de/10005067510

Property Rights and Economic Development

Besley, Timothy J.; Ghatak, Maitreesh - C.E.P.R. Discussion Papers - 2009

This chapter develops a unified analytical framework, drawing on and extending the existing literature on the subject, for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and...

Persistent link: https://www.econbiz.de/10005067522