The results show a significant negative impact of corruption on long-term growth in all specifications, both on average and for each Italian region. As a consequence, a zero-level of corruption is growth maximizing. This effect is non-linear such that the negative impact of corruption on ...
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The paper calls for the combining of insights from both traditions to better assess what is signified by corruption, how the concept is used in the business world and how to convince policymakers that, in this area at least, there is no such thing as a consequence-free policy. Originality/...
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the notion that developing countries should now be allowed their share of pollutants and greenhouse gases in order to build infrastructure and spur economic growth. 意思是发展中国家现在应被允许他们自己的污染物与温室气体排放份额,来进行基础设施建设和促进经济发展。
Theories of institutional development have tended to view discretion, or the leeway to act within institutional bounds, as an often unintended consequence of agency design and institutional specification. Yet the post-communist states sh... Anna Grzymala-Busse 被引量: 2发表: 2004年 Petitions and au...
Most economic models are built on the assumption that people are exclusively motivated by their material self-interest. A consequence of this is that a person's status or importance in society can be measured by their wealth. One radical departure from these models argues that the utility functio...
This is indeed the unintended consequence of market regulation. When interpreting the evidence presented in this paper, however, it is important to bear in mind that firms can choose or be chosen to issue PEPs. For example, firms issuing PEPs to controlling shareholders have a significant larger...
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Additionally, the economic consequence test shows that cross-border e-commerce reform improves investment efficiency and reduces the risk of stock price collapse by alleviating supply chain risks. The research conclusions drawn offer important insights on how to leverage cross-border e-commerce ...