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widely examined. However, the interplay between the involved firms in a collusive agreement, i.e., the governance dimension … paper empirically reveals that polycentric structures within the cartel governance may contribute to longer duration and … aspects: The entangled governance structures of collusive undertakings as well as the relevance of polycentricity in the firm …
Persistent link: https://www.econbiz.de/10014481223
The paper is a follow-up to an article published in Technique Financière et Developpement in 2000 (see the appendix to the hardcopy version), which portrayed the first results of a new strategy in the field of development finance implemented in South-East Europe. This strategy consists in...
Persistent link: https://www.econbiz.de/10009764766
Using a panel of up to 116 countries from 1970-2010 we estimate the effects of foreign aid flows on a variety of measures of institutional quality. We find that aid flows are associated with the deterioration of both political and economic institutions. Regarding the latter, aid flows are...
Persistent link: https://www.econbiz.de/10013066104
We construct a simple model incorporating various urban labour market phenomena obtaining in developing economies. Our initial formulation assumes an integrated labour market and allows for entrepreneurship, self-employment and wage employment. We then introduce labour market segmentation. In...
Persistent link: https://www.econbiz.de/10009534099
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10009725361
The assumption of perfectly functioning labour markets is ubiquitous in growth theory, yet incompatible with equally ubiquitous poverty in developing countries' informal sectors. We argue that developing countries and high-income countries differ as in the former, induced by informal sector...
Persistent link: https://www.econbiz.de/10012949535
We construct a simple model incorporating various urban labour market phenomena obtaining in developing economies. Our initial formulation assumes an integrated labour market and allows for entrepreneurship, self-employment and wage employment. We then introduce labour market segmentation. In...
Persistent link: https://www.econbiz.de/10013108903
Import tariff receipts represent an important share of government revenues in many developing countries and there has recently been a surge in empirical studies showing how evasion in this field is a pervasive phenomenon. In the case of import tariffs, the tax base is the product of quantity and...
Persistent link: https://www.econbiz.de/10008699856
Whether a liberalizing developing economy should implement the entire WTO-prescribed package and to what extent this is expedient, are the two burning questions, especially because available empirical evidence suggests that the developing countries have been facing substantial adjustment costs...
Persistent link: https://www.econbiz.de/10014112850
Whether a liberalizing developing economy should implement the entire WTO-prescribed package and to what extent this is expedient, are the two burning questions, especially because available empirical evidence suggests that the developing countries have been facing substantial adjustment costs...
Persistent link: https://www.econbiz.de/10014075759