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land. We show that: (i) lower discount rates and stronger institutions decrease deforestation; (ii) depreciations in the …) paradoxically, better institutions may exacerbate the deleterious impact of depreciations in developing countries. These hypotheses …
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analyses of Williamson and Granovetter, North's definition of institutions as "rules of the game" allows him to conceive of … institutions as the institutional foundations of the market and therefore as explanatory principles of historical dynamics. …
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This paper provides new evidence on the linkages between a large array of institutional arrangements (on product, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates, thus allowing us to control for possible substitution...
Persistent link: https://www.econbiz.de/10010738731
This paper examines the exporting behaviour of Russian manufacturers by considering the effects of firm characteristics and external conditions. Two measures of export behaviour are considered: the decision to export and the share of exports to developed markets. I find that specific exporting...
Persistent link: https://www.econbiz.de/10010738982
The motivation for introducing statutory minimum wages in many developing countries is often threefold: poverty-reduction, social justice and growth. How well the policy succeeds in attaining these goals will depend on the national context and the numerous choices made when designing the policy....
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