Property Rights and Finance
نویسندگان
چکیده
منابع مشابه
PROPERTY RIGHTS , FINANCE , AND ENTREPRENEURSHIP Simon Johnson
Is investment constrained more by insecure property rights or by limited external finance? For five transition economies in Eastern Europe and the former Soviet Union we find that weak property rights limit the reinvestment of profits in startup manufacturing firms. Access to credit does not appear to explain differences in investment. At least in the early stages of post-communist reform, reta...
متن کاملMisallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa∗
We study capital misallocation within and across 10 African countries using the World Bank Enterprise Surveys. First, we compare the extent of misallocation among firms within countries. We document high variation in firms’ marginal product of capital (MPK), implying that countries could produce significantly more with the same aggregate capital stock if capital were allocated optimally. Such v...
متن کاملWriting and Publishing Textbooks and Students' Rights from the Perspective of Islam and Intellectual Property Rights
The right to education, as a basic human right, is essential for all members of society, and its realization requires special facilities and tools. Textbooks are considered to be the most important tool that should be provided to learners and students in an appropriate and standard and comprehensive manner, without discrimination and not for profit. The aim of this study was to determine the st...
متن کاملAuditing and property rights
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive...
متن کاملScrooge and intellectual property rights.
A medical prize fund could improve the financing of drug innovations A t Christmas, we traditionally retell Dickens's story of Scrooge, who cared more for money than for his fellow human beings. What would we think of a Scrooge who could cure diseases that blighted thousands of people's lives but did not do so? Clearly, we would be horrified. But this has increasingly been happening in the name...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: American Economic Review
سال: 2002
ISSN: 0002-8282
DOI: 10.1257/000282802762024539