Institution
World Institute for Development Economics Research
Facility•Helsinki, Finland•
About: World Institute for Development Economics Research is a facility organization based out in Helsinki, Finland. It is known for research contribution in the topics: Poverty & Population. The organization has 110 authors who have published 525 publications receiving 17316 citations.
Papers published on a yearly basis
Papers
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TL;DR: The authors examined the role of informal institutions, in the forms of relational contracting and social networks, in determining the risks that firms are willing to bear in their transactions with their suppliers and customers, and whether firms that bear such risks have higher productivity.
Abstract: In many low-income transition countries, where formal institutions such as courts do not function effectively, informal institutions are often used by firms to minimize transaction risks. We examine the role of informal institutions, in the forms of relational contracting and social networks, in determining the risks that firms are willing to bear in their transactions with their suppliers and customers, and whether firms that bear such risks have higher productivity. Our country context is Myanmar, a country which is making a transition from a socialist to market-oriented economy. Using a unique dataset of 2496 micro, small, and medium firms, we find that firms that engage in risk taking are significantly more productive than firms that do not, and such firms are more likely to utilize informal institutions, such as acquiring information from informal interaction with customers, and social networks, including information received from business networks by firms, talking to other suppliers of customers, and being a member of a business association. Our findings suggest that informal institutions can be effective substitutes for formal institutions that are often absent or not effective in low-income transition economies.
6 citations
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5 citations
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TL;DR: Not all sources of inequality in educational achievements are fair as discussed by the authors. But how strong and persistent is the burden of unequal opportunities that each person carries on in their life? In this paper, we...
Abstract: Not all sources of inequality in educational achievements are fair. But how strong and persistent is the burden of unequal opportunities that each person carries on in their life? In this paper, we...
5 citations
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TL;DR: In this paper, the authors carried out a detailed analysis of the effects of R&D and human capital as well as their interactions with innovation on export behavior of manufacturing and service firms in Ghana.
Abstract: The paper carries out a detailed analysis of the effects of R&D and human capital as well as their interactions with innovation on export behavior of manufacturing and service firms in Ghana using ...
5 citations
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TL;DR: In this paper, the authors examined how corporations anticipated the 2005 dividend tax increase via changes in their dividend and investment policies, and found that those firms that anticipated a dividend tax hike increased their dividend payouts by 10-50 per cent.
Abstract: Using register-based panel data covering all Finnish firms in 1999-2004, we examine how corporations anticipated the 2005 dividend tax increase via changes in their dividend and investment policies. The Finnish capital and corporate income tax reform of 2005 creates a useful opportunity to measure this behaviour, since it involves exogenous variation in the tax treatment of different types of firms. The estimation results reveal that those firms that anticipated a dividend tax hike increased their dividend payouts by 10-50 per cent. This increase was not accompanied by a reduction in investment activities, but rather was associated with increased indebtedness in non-listed firms. The results also suggest that the timing of dividend distributions probably offsets much of the potential for increased dividend tax revenue following the reform.
5 citations
Authors
Showing all 116 results
Name | H-index | Papers | Citations |
---|---|---|---|
Partha Dasgupta | 85 | 323 | 38303 |
Richard Layard | 58 | 262 | 23309 |
Sherman Robinson | 57 | 354 | 21470 |
Finn Tarp | 54 | 405 | 13156 |
Mark McGillivray | 46 | 161 | 5877 |
Almas Heshmati | 43 | 404 | 9088 |
Wim Naudé | 43 | 247 | 7400 |
Luc Christiaensen | 41 | 163 | 8055 |
James Thurlow | 40 | 159 | 5362 |
Channing Arndt | 39 | 205 | 4999 |
Anthony F. Shorrocks | 38 | 81 | 12144 |
Laurence R. Harris | 37 | 217 | 4774 |
Nanak Kakwani | 37 | 145 | 9121 |
Giovanni Andrea Cornia | 36 | 159 | 4897 |
George Mavrotas | 35 | 81 | 4686 |