This paper presents a joint analysis of labor market flexibility and product market structure. Our investigation confirms earlier results of imperfect competition in South African manufacturing where we find an average mark-up of 50% for the period 1970 to 2004 that is without consistent trend...

Foreign capital inflows are an important source of funds to finance investment in developing economies. International finance literature is therefore concerned with how institutional factors like property rights and corruption affect foreign capital inflows. We investigate the determinants of...