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Our research provides experimental and survey evidence on the pro-social behavior (trust, reciprocity, a sense of …-war Tajikistan, show that trust, reciprocity, generosity (dictator giving) are lowest among those respondents reporting having fought … trust towards any group outside the direct family, a lower willingness to engage in impersonal exchange and stronger kinship …
Persistent link: https://www.econbiz.de/10014041845
remains underexplored. We first clarify the channels through which concerns for market failure, as proxied by trust in market … confirms the previously established result that trust has a negative effect on demand for regulation. Perceived corruption …, however, affects demand for regulation primarily via a negative interaction effect with trust. Our findings suggests that, in …
Persistent link: https://www.econbiz.de/10013124821
. These effects are explained by the erosion of both generalized trust and the lower confidence in public institutions …
Persistent link: https://www.econbiz.de/10012312212
remains underexplored. We first clarify the channels through which concerns for market failure, as proxied by trust in market … confirms the previously established result that trust has a negative effect on demand for regulation. Perceived corruption …, however, affects demand for regulation primarily via a negative interaction effect with trust. Our findings suggest that, in …
Persistent link: https://www.econbiz.de/10014170979
located in higher social trust regions use more trade credit from suppliers, extend more trade credit to customers, and … protection of property rights. Our results are robust to different measures of social trust, legal environment, and endogeneity …. Overall, our results show that social trust helps private firms overcome institutional difficulties in financing their …
Persistent link: https://www.econbiz.de/10013000597
New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that constitutes a commercial opportunity. Acs, Audretsch,...
Persistent link: https://www.econbiz.de/10005865129
The formal comparison of similarities and differences of Chinese and Western economic models misses the most important point. The uniqueness of China is that it looks very much like a developed country today in terms of institutional capacity of the state, even though it is a developing country...
Persistent link: https://www.econbiz.de/10015225217
Remarkable growth of export perfirmance of transition economies has been one of the most outstanding features of the transition and EU integration processes. The paper looks at the reasons behind this phenomenon. Following Redding and Venables (2003, 2004), and Fugazza (2004), we distinguish...
Persistent link: https://www.econbiz.de/10010313438
In this paper we examine the reasons behind the remarkable export performance of transition economies in the last two decades. Following Redding and Venables (2004, 2004a) and Fugazza (2004), we decompose export performance into the gains due to the advantageous access to foreign markets and...
Persistent link: https://www.econbiz.de/10010314798
Hungary launched her first foresight programme in 1997. As the country is undergoing fundamental economic and social changes, major institutions are being currently shaped. Therefore is high time to think about medium and long-term issues. In other words, now it is possible to devise strategies...
Persistent link: https://www.econbiz.de/10015256268