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Corruption as a Barrier to Entry: Theory and Evidence
Corruption entry barriers Theory Evidence
2014/11/27
Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First, by arguing that corruption matters not so much because of the value of the bribe...
Electricity consumption and economic growth evidence from Korea
Electricity consumption Economic growth Causality Unit root Co-integration
2014/11/27
This paper investigates the short- and long-run causality issues between electricity consumption and economic growth in Korea by using the co-integration and error-correction models. It employs annual...
This paper investigates the extent to which structural change in China’s
economy has contributed to changes in energy intensity. It uses a new
province-level data set on energy intensity over the pe...