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Education, Rent Seeking and Growth
Berdugo, Binyamin; Meir, Uri - Volkswirtschaftliche Fakultät, … - 2009
This paper studies the role of education as a way of reducing private rent seeking activities and increasing output. In many underdeveloped economies, for most individuals, there is no private return to education. Nonetheless, according to this paper, governments are better off by investing in...
Persistent link: https://www.econbiz.de/10008567980
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How Do Firing Costs Affect Innovation and Growth when Workers' Ability is Unknown? – Employment Protection as a Burden on a Firm's Screening Process
Berdugo, Binyamin; Hadad, Sharon - Volkswirtschaftliche Fakultät, … - 2008
specialization in favor of medium-tech firms rather than high-tech firms and consequently slows down the process of economic growth …. The results of the paper are consistent with documented data on Europe versus US productivity growth and specialization …
Persistent link: https://www.econbiz.de/10005616679
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How does Investors' Legal Protection affect Productivity and Growth?
Berdugo, Binyamin; Hadad, Sharon - Volkswirtschaftliche Fakultät, … - 2009
This paper analyzes the implications of investors' legal protection on aggregate productivity and growth. We have two … enhances economic growth. These results stem from two forces. On one hand, private investors' moral hazard problems (in which …
Persistent link: https://www.econbiz.de/10005025689