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This paper considers the effects of corruption and government spending on economic growth. It starts from an endogenous growth model and extends it to account for the detrimental effects of corruption on the potentially productive components of government spending, namely military and investment...
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The objective of this article is to analyze the impact of capital structure on profitability. This impact can be explained by three essential theories: signaling theory, tax theory and the agency costs theory. From a sample of 9136 firms distributed on seven sectors taken over the period...
Persistent link: https://www.econbiz.de/10011107505
There are increasing scholarly debates on the direction of policy to effectively improve the performance of banks. Some scholars argue that bank performance is enhanced by improvements in the internal organization and managerial efficiency, others argue that industry wide factors are integral to...
Persistent link: https://www.econbiz.de/10011107568
This paper empirically examines the causality between crime rates and economic growth using state level data in India. A reduced form equation has been estimated using instrumental variable approach to correct for joint endogeneity between crime and economic growth. Higher crimes may reduce...
Persistent link: https://www.econbiz.de/10011107958
This paper studies the effect of fruit and vegetable consumption on human well-being. Using individual-level panel data from a representative sample of Australian households, I estimate the intake of fruit and vegetables to have positive and statistically significant impacts on a wide range of...
Persistent link: https://www.econbiz.de/10011108290
Before recent technological developments in telecom the use of available fixed line was limited to voice telecommunication only. At present the high frequencies on the subscriber line were used for high speed internet access. This Internet access technology is generally referred to as broadband....
Persistent link: https://www.econbiz.de/10011108792
This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We analyze a sample of 568 unlisted French companies (Agro-food sector) spanning over a period of 1999 to 2006. We show, by using the generalized method of moments (GMM), that debt...
Persistent link: https://www.econbiz.de/10011108803