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Fuzzy Transition and Firm Efficiency: Evidence from Bulgaria, 1991-4

Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1996

This paper investigates the relationship between firm restructuring and international competition in Bulgaria during … local market. Neither hypothesis is rejected. The firm-level data suggest that international competition led to substantial …

Persistent link: https://www.econbiz.de/10005114496

Competition Law in Post-Central Planning Bulgaria

Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1997

This paper investigates the activities of the Bulgarian competition office, the Commission for the Protection of Competition, during 1991–5. Descriptive statistics are provided on the industry incidence of investigations, the types of behaviour that were investigated, and the frequency with...

Persistent link: https://www.econbiz.de/10005656340

Enterprise Restructuring in Transition: A Quantitative Survey

Djankov, Simeon; Murrell, Peter - C.E.P.R. Discussion Papers - 2002

We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of...

Persistent link: https://www.econbiz.de/10005504282

The New Comparative Economics

Djankov, Simeon; Glaeser, Edward L; López-de-Silanes, … - C.E.P.R. Discussion Papers - 2003

theme of the new research is that institutions exert a profound influence on economic development. We argue that, to … understand capitalist institutions, one needs to understand the basic trade-off between the costs of disorder and those of … dictatorship. We then apply this logic to study the structure of efficient institutions, the consequences of colonial …

Persistent link: https://www.econbiz.de/10005067517

Relational Knowledge Transfers

Garicano, Luis; Rayo, Luis - C.E.P.R. Discussion Papers - 2013

An expert must train a novice. The novice initially has no cash, so he can only pay the expert with the accumulated surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his own. The sole reason he does not is the prospect of...

Persistent link: https://www.econbiz.de/10011084551

Sabotage in Tournaments: Making the Beautiful Game a Bit Less Beautiful

Garicano, Luis; Palacios-Huerta, Ignacio - C.E.P.R. Discussion Papers - 2005

We exploit an incentive change in professional soccer leagues aimed at encouraging more attacking and goal scoring to obtain evidence on the effect of stronger incentives on productive and destructive effort. Using as control the behavior of the same teams in a competition that experienced no...

Persistent link: https://www.econbiz.de/10005114301

The Return to Knowledge Hierarchies

Garicano, Luis; Hubbard, Thomas - C.E.P.R. Discussion Papers - 2007

Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity and amplifies the impact of skill heterogeneity on earnings inequality. To quantify this effect, we analyze the earnings and organization of U.S. lawyers and use the equilibrium...

Persistent link: https://www.econbiz.de/10005136470

Intelligence Failures: An Organizational Economics Perspective

Garicano, Luis; Posner, Richard A. - C.E.P.R. Discussion Papers - 2005

Two recent failures of the United States intelligence system have led to the creation of high-level investigative commissions. The failure to prevent the terrorist attacks of 9/11 prompted the creation of the 9/11 Commission, and the mistaken belief that Saddam Hussein had retained weapons of...

Persistent link: https://www.econbiz.de/10005656431

Codes in Organizations

Crémer, Jacques; Garicano, Luis; Prat, Andrea - C.E.P.R. Discussion Papers - 2004

A code is a technical language that members of an organization learn in order to communicate among themselves and with members of other organizations. What are the features of an optimal code and how does it interact with the characteristics of the organization? This Paper develops a simple...

Persistent link: https://www.econbiz.de/10005792432

The Regulation of Entry: A Survey

Djankov, Simeon - C.E.P.R. Discussion Papers - 2008

Simplifying entry regulation has been a popular reform since the publication of Djankov et al (2002). The inclusion of business entry indicators in the World Bank’s Doing Business project has led to an acceleration in reform: in 2003-2008, 193 reforms took place in 116 countries. A large...

Persistent link: https://www.econbiz.de/10005791283