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PUTTING THE LID ON LOBBYING: TARIFF STRUCTURE AND LONG-TERM GROWTH WHEN PROTECTION IS FOR SALE
LOBBYING TARIFF STRUCTURE LONG-TERM GROWTH PROTECTION
2010/11/5
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose equilibrium reflects national institutions. Thus, the structure of tariffs across industrie...
Industrial structure and innovation –evidence from European regions
Externalities Knowledge spillovers Specialisation Diversity
2010/11/5
Whether the composition of industrial activity influences innovation
is the key question of this paper. The analysis is based on a model that integrates
different kinds of diversity measures aiming ...
All in the family or public? Law and appropriative costs as determinants of ownership structure
Managerial conflict agency costs corporate governance
2010/11/5
We examine how the legal protection of outside shareholders and the appropriative costs that they induce influence the incentives for private firms to go public.A higher degree of protection of shareh...