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Taxation, corruption and the exchange rate regime

Hefeker, Carsten - 2009

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption. …

Persistent link: https://www.econbiz.de/10010264571

Can the exchange rate regime influence corruption?

Popkova, Katherina - 2011

This paper analyses the influence of the exchange rate regime of a country on the level of tolerated corruption with a … induce governments to intensify the fight against corruption. It is shown that if corruption has a considerable positive … impact on output, a tight peg regime can increase tolerated corruption. However, if corruption has a negative effect on …

Persistent link: https://www.econbiz.de/10010281777

The conditions of socioeconomic development exploring the legitimacy of social norms, trust, and corruption in Chile and Argentina

Míguez, Daniel; Dewey, Matías - 2018

public institutions, or incidence of corruption in governmental bodies. The paper contributes to this body of scholarship by … of the law, higher levels of trust in public institutions, lower perceived levels of corruption, and greater … Auswirkungen von Korruption in staatlichen Institutionen eine Rolle. Als Beitrag zu dieser Forschung vergleicht das Papier die …

Persistent link: https://www.econbiz.de/10011932116

The exponential age distribution and the Pareto firm size distribution

Coad, Alex - 2008

Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirical Pareto distribution.

Persistent link: https://www.econbiz.de/10010266667

Firm growth: a survey

Coad, Alexander - 2007

We survey the phenomenon of the growth of firms drawing on literature from economics, management, and sociology. We begin with a review of empirical 'stylised facts' before discussing theoretical contributions. Firm growth is characterized by a predominant stochastic element, making it difficult...

Persistent link: https://www.econbiz.de/10010266720

Causal inference by independent component analysis with applications to micro- and macroeconomic data

Moneta, Alessio; Entner, Doris; Hoyer, Patrik; Coad, Alex - 2010

Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...

Persistent link: https://www.econbiz.de/10010269741

Product innovation and growth: The case of integrated circuits

Corsini, Marco - 2008

A puzzling evidence stemming from the applied research on growth and innovation is that successful innovations do not appear to have a significant effect on sales growth rates, at odds with the expectation that successful innovators will prosper at the expenses of their less able competitors....

Persistent link: https://www.econbiz.de/10010328435

On the irreconcilability of Pareto and Gibrat laws

Bottazzi, Giulio - 2007

If business firms face a multiplicative growth process in which their growth rates are independent from their sizes, then these sizes cannot be distributed according to a stationary Pareto distribution. At the same time , the Laplace distribution of growth rates cannot be easily reconciled with...

Persistent link: https://www.econbiz.de/10010328444

The patterns of output growth of firms and countries: New evidence on scale invariances and specificities

Castaldi, Carolina; Dosi, Giovanni - 2007

This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of firms and the properties of their growth rates. First, our empirical analysis provides a new...

Persistent link: https://www.econbiz.de/10010328462

A comment on the relationship between firms' size and growth rate

Bottazzi, Giulio - 2007

Since the seminal work of Pareto, many empirical analyses suggested that the distribution of firms size is characterized by an asymptotic power like behavior. At the same time, recent investigations show that the distribution of annual growth rates of business firms displays a remarkable...

Persistent link: https://www.econbiz.de/10010328498