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Knowledge Spillovers, Mergers and Public Policy in Economic Clusters
Agglomeration clusters mergers perfect spillovers
2010/11/5
This paper investigates how market concentration affects research activity in an
economic cluster. The firms in the cluster play a two-stage game. In the first stage the firms
choose whether or not ...
Corruption and Development: New Initiatives in Economic Openness and Strengthened Rule of Law
Corruption and Development Economic Openness Strengthened Rule Law
2010/11/5
Corruption is a major problem in many of the world’s developing economies today. World Bank
studies put bribery at over $1 trillion per year accounting for up to 12% of the GDP of nations like Nigeri...
Corruption, economic growth, and income inequality in Africa
Corruption economic growth income distribution dynamic panel estimator Africa
2010/11/5
This paper uses panel data from African countries and a dynamic panel estimator to investigate the effects of corruption on economic growth and income distribution. I find that corruption decreases ec...