Showing 1 - 10 of 47
Today many developing countries fear that regional movements in other parts of the world will adversely impact their trade as regionalism overtakes multilateralism. The response has been that most of them are trying to get into one regional bloc or the other via regional trade arrangements...
Persistent link: https://www.econbiz.de/10008836176
In our model, there are entrepreneurs and other agents. The latter have labour and capital, but no entrepreneurship. They are employed for a wage, or they are self-employed (which is inefficient). If they are employed for a wage, they invest their capital in financial assets. Otherwise, they...
Persistent link: https://www.econbiz.de/10008836178
The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism and firm performance is well established in several studies, the interaction between internal and...
Persistent link: https://www.econbiz.de/10008836182
Since the Washington Consensus of the early nineties, there has been an attempt to define the role of governments in development. After the laissez faire market solution of the Consensus there was view that the success of the dirigiste economies of East Asian economies suggested that the...
Persistent link: https://www.econbiz.de/10008836184
The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism and firm performance is well established in several studies, the interaction between internal and...
Persistent link: https://www.econbiz.de/10009143915
In this paper we have made an attempt to explain the observed rising inequality between unskilled and skilled wages, or, fall in relative wages of unskilled labour within a general equilibrium framework by introducing specific factors and non- traded intermediate goods. For this we set up two...
Persistent link: https://www.econbiz.de/10010662849
In this paper we examine the pattern of inward FDI at the disaggregated industry level (NIC 3- digit), and test for the industry-specific characteristics that have been significant in attracting foreign investment in India during 2000-10. Since highly polluting industries (based on Central...
Persistent link: https://www.econbiz.de/10011082736
With a view to define a balance in the allocation of public expenditure across secondary education and higher education, we compare, in this paper, the relative contributions of public expenditures on secondary and higher education to growth as well as equity, employing a computable general...
Persistent link: https://www.econbiz.de/10011082737
Foreign banks in developing countries are often found to indulge in cream skimming, a lending strategy that targets only wealthy segments of the credit market and exclude small and marginal borrowers from the general pool of borrowers. This paper attempts to investigate whether lending pattern...
Persistent link: https://www.econbiz.de/10011082738
Over the past three decades, the world has witnessed economic growth accompanied by widening of income inequalities. In the face of rising income inequalities, it becomes imperative to ask what happens to the quality of various products provided in the market when economies experience economic...
Persistent link: https://www.econbiz.de/10010860099