Arbeitspapier
Institutions and creative destruction in CEECs: Determinants of inefficient use of assets
We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality may be one of the narrow channels through which institutions affect income per capita in the long-run. Our approach combines institutional economics and Schumpeterian creative destruction. In addition, we observe similarities between inefficiently used assets in Europe and the phenomenon of zombie lending in Japan during the last decades.
- Sprache
-
Englisch
- Erschienen in
-
Series: IOS Working Papers ; No. 353
- Klassifikation
-
Wirtschaft
Institutions and Growth
Regulated Industries and Administrative Law
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
- Thema
-
institutions
unproductive assets
European Union
creative destruction
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fidrmuc, Jarko
Siddiquiy, Martin
- Ereignis
-
Veröffentlichung
- (wer)
-
Institut für Ost- und Südosteuropaforschung (IOS)
- (wo)
-
Regensburg
- (wann)
-
2015
- Handle
- URN
-
urn:nbn:de:101:1-201603225180
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fidrmuc, Jarko
- Siddiquiy, Martin
- Institut für Ost- und Südosteuropaforschung (IOS)
Entstanden
- 2015
Ähnliche Objekte (12)
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
Institutions and Creative Destruction in CEECs: Determinants of Inefficient Use of Assets
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
Verification of the new trade theory in EU's trade with CEECs: Evidence from panel data 1990 - 1997
Drivers of Exchange Rate Dynamics in Selected CIS Countries : Evidence from a Factor-Augmented Vector Autoregressive (FAVAR) Analysis
Time-varying exchange rate basket in China from 2005 to 2009
The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement
Human Capital, Consumption, and Housing Wealth in Transition
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Fundamentals and technical trading: behaviour of exchange rates in the CEECs
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs
A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
Institutions and Creative Destruction in CEECs: Determinants of Inefficient Use of Assets
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
Verification of the new trade theory in EU's trade with CEECs: Evidence from panel data 1990 - 1997
Drivers of Exchange Rate Dynamics in Selected CIS Countries : Evidence from a Factor-Augmented Vector Autoregressive (FAVAR) Analysis
Time-varying exchange rate basket in China from 2005 to 2009
The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement
Human Capital, Consumption, and Housing Wealth in Transition
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Fundamentals and technical trading: behaviour of exchange rates in the CEECs
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs
A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
Institutions and Creative Destruction in CEECs: Determinants of Inefficient Use of Assets
Money Demand and Disinflation in Selected CEECs during the Accession to the EU
Verification of the new trade theory in EU's trade with CEECs: Evidence from panel data 1990 - 1997
Drivers of Exchange Rate Dynamics in Selected CIS Countries : Evidence from a Factor-Augmented Vector Autoregressive (FAVAR) Analysis
Time-varying exchange rate basket in China from 2005 to 2009
The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement
Human Capital, Consumption, and Housing Wealth in Transition
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Fundamentals and technical trading: behaviour of exchange rates in the CEECs
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs