Three Essays On The Economics Of Governance
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Three Essays On The Economics Of Governance
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Author : Cong Minh Trinh
language : en
Publisher:
Release Date : 1996
Three Essays On The Economics Of Governance written by Cong Minh Trinh and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Corporations categories.
Three Essays In Development Economics
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Author : Derek Rice
language : en
Publisher:
Release Date : 2018
Three Essays In Development Economics written by Derek Rice and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
This dissertation contains three essays in the economics of development. The first essay investigates the effects of the decentralization of governance over education to communities in terms of individual education outcomes. The next essay relates to the first by exploring the factors that drive communities to adopt decentralized governance, including forms of decentralized governance over education. The last essay returns to the topic of education by examining a policy aimed at decreasing the costs of post-secondary education for a minority group. Each essay probes these topics within the context of First Nations in Canada. The first essay examines the substantial impacts of education decentralization on high school attendance and completion through the analysis of First Nation education self-government agreements in Canada. These agreements are important institutional arrangements that transfer the authority over education from the federal government to First Nations. I exploit confidential microdata and exogenous variation in the implementation of education self-government agreements to perform the analysis. My results indicate that self-government agreements focused exclusively on education increase high school attendance by 5 to 9 percentage points and high school completion by 3 to 5 percentage points. However, the effects on high school completion rates under multi-sectoral self-government agreements implemented together with comprehensive land claim agreements and for self-government agreements that focus on education alone differ dramatically for women and men. High school completion improves by 8 to 11 percentage points for women, but drops by a staggering 17 to 25 percentage points for men. These results have important policy implications for education decentralization in general, along with implications for the particular case of First Nation education self-governance in Canada. The second essay identifies the determinants of decentralized governance by exploring the First Nation self-government agreement claim and implementation processes. I use a novel dataset on self-government agreements and confidential microdata to perform the analysis. My results support the notion that we can treat self-government treatment variables as exogenous, when controlling for reserve fixed effects. This is not an onerous condition to impose. Specifically, I do not find any factors of economic or statistical significance for claims for my richest and most-preferred specification, which includes controlling for reserve fixed effects. Contrary to the results for claims, I find that education and income are important factors for implementation, but only conditional on a reserve having previously made a claim. However, this significance disappears, once I relax this condition and compare the determinants of implementation against reserves that may or may not have made a claim. The third essay examines the substantial impacts of a targeted policy that provides postsecondary tuition and living expense subsidies for Aboriginal Canadians. To identify the effects of the policy, I exploit a reform of the policy's eligibility requirements in 1985 that lead to a large increase in the number of individuals with access to the subsidies. My results indicate that the reform lead to economically and statistically significant increases in the likelihood of attaining any post-secondary education for a group of women whose eligibility was particularly targeted by the reform and for women generally. These increases range from about 4 to 7 percentage points. The effects for men are positive, but much smaller and not significant.
Three Essays In Governance And Banking
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Author : Atif Mian
language : en
Publisher:
Release Date : 2001
Three Essays In Governance And Banking written by Atif Mian and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Banks and banking categories.
(Cont.) The third essay (joint with Daron Acemoglu and Michael Kremer) presents a theoretical analysis of the relative merits of markets, firms, and governments in environments where high powered incentives have both costs and benefits. Firms obscure information about workers' output, thus flattening incentives, and improving efficiency over markets. However in some cases, most notably under common shocks, firms are unable to commit to such a strategy. Under these circumstances, Governments may be able to commit to much flatter wage schedules, and improve the allocation of resources.
Three Essays On The Political Economy Of Corporate Governance
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Author : Natalia Zharinova
language : en
Publisher:
Release Date : 2007
Three Essays On The Political Economy Of Corporate Governance written by Natalia Zharinova and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
Empirical studies in international corporate governance consistently find that in countries with poorer investor protections controlling shareholders are more common and financial markets are less developed. A number of explanations for this correlation have been suggested, most notably, the effects of the legal origin and country's institutions (La Porta et al., 1998) and the role of politics and ideology (Roe 2003). The main shortcoming of the existing literature is that either the investor protection level or the degree of ownership concentration are assumed to be exogenous. In contrast, this dissertation explores how higher levels of outside ownership, better protection of outside investors, and more developed financial markets arise simultaneously and endogenously in a political lobbying equilibrium.
Three Essays On Governance Designs In Digital Age
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Author : Guo Bai
language : en
Publisher:
Release Date : 2016
Three Essays On Governance Designs In Digital Age written by Guo Bai and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The main objective of this dissertation is to explain why coordinative efficiency, creative efficiency, together with static efficiency are all critical goals of governance design in digital age, and to explore innovative governance arrangements, beyond the one-dimensional line defined by “market” and “hierarchy”, that can facilitate the processes of integrative coordination, and collective creation in organizations.The dissertation is composed of three essays. Essay 1 is a theory paper that provides the overall theoretical arguments about why transaction cost economics (Williamson 1979, 1991, 1996, 2002) is no longer a satisfactory theoretical framework for governance design in the digital age, and offers a normative model which suggest possibilities of much more nuanced, complicated and pluralistic governance choices than suggested by transaction cost economics. It is argued that potential governance choices are not solely situated on a one-dimensional line between hierarchy and market, as transaction cost economics asserts. The rich connotations of socially constructed agency (Giddens, 1985; Greenwood et al. 2011) provide diverse possibilities of governance arrangements, which spread across a triangular plane in a three-dimensional space defined by static efficiency, coordinative efficiency and creative efficiency (see Figure 1). This paper provides both graphic and mathematical presentations of this three-dimensional model for governance design, which can be applied to different levels of organizing.Essay 2 and 3 are two empirical papers that endeavor to extend Essay 1 by finding out the exact relationship between certain innovative governance arrangements with organizations' performance in coordinative and creative efficiencies. Essay 2 focuses on the realization of integrative coordination in organizations. It found out that layered distributed organizational structure (Simon, 1962), broad-brushed ex ante plan (Edmondson, Bohmer and Pisano, 2001), and semi-structures (Brown and Eisenhardt, 1997) are beneficial in facilitating an ongoing coordination process when interdependencies are complex and uncertain. Essay 3 focuses on organizations' performance in collective creativity (Shalley et al., 2004; George, 2007), especially on what governance arrangements can best allow collective creativity to emerge without overly sacrificing organizational stability and efficiency. It is discovered that “ordered disruption”, including ordered spatial disruption, ordered temporal disruption and ordered affective disruption, have positive effects on the emergence of collective creativity. Both Essay 2 and Essay 3 use collaborative organizations on smart city projects as the empirical setting. The findings of these two empirical papers are grounded on multiple case studies on those collaborative organizations.
Three Essays On Corporate Governance In Korea
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Author : Min Kyu Park
language : en
Publisher:
Release Date : 2013
Three Essays On Corporate Governance In Korea written by Min Kyu Park and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Three Essays On Institutions And Organizations
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Author : Matthew J Histen (Jr)
language : en
Publisher:
Release Date : 2016
Three Essays On Institutions And Organizations written by Matthew J Histen (Jr) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Electronic dissertations categories.
Organizational economics asks the question why are some transactions located in one firm, while in other cases they are located across firms. The classic answer is that market and firms are substitutes, and the boundary between these organizing features depends on transaction costs. The costs of accessing and using the price mechanism can lead to cheaper economic organization with internal governance. But avenues remain to explore through extensions to the theory, novel applications, and empirical work. While transaction cost economics challenged the Marshallian firm as a black box, the market continued to remain a black box itself. Thus chapter one homes in on this piece by exploring the dynamics of the market and firm interaction through corroborating the Vanishing Hand hypothesis. Next, in chapter two, I apply the theory beyond the firm to analyze the organizational archetypes of states and how their temporal boundaries depend on a flavor of transaction costs. Finally, chapter three attempts to empirically validate theories of the firm by proxying for transaction costs with merger and acquisition data.
Shifting Balances Of Power And New Forms Of Corporate Control
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Author : Anselm Jakob Schneider
language : en
Publisher:
Release Date : 2013
Shifting Balances Of Power And New Forms Of Corporate Control written by Anselm Jakob Schneider and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Economic Globalization And Governance
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Author : Luís Brites Pereira
language : en
Publisher: Springer Nature
Release Date : 2020-10-16
Economic Globalization And Governance written by Luís Brites Pereira and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-16 with Business & Economics categories.
Reflecting the diverse and profound changes triggered by the latest wave of economic globalization, this book highlights various governance responses at national, regional and global levels. The topics covered are wide-ranging and include economic history and development, European integration, exchange rate arrangements, industrial and labor economics, international cooperation and multilateralism, and public choice. The book is divided into three parts: The first part, which contains contributions by Barry Eichengreen and Marc Flandreau, is devoted to economic history. The second part examines open economy macroeconomics with a focus on Europe, including contributions by Jurgen von Hagen and Paul Krugman. The third part presents contributions to international political economy, and related interdisciplinary topics. This Festschrift is written in honor of Jorge Braga de Macedo, Professor Emeritus of Economics at the Nova School of Business and Economics and a distinguished Portuguese academic whose work has an impressive global reach. The contributions, written by a selection of international authors, deal with his oeuvre covering the wide range of topics broached in this book, as his publication record amply attests.
Three Essays On The Economics Of Contracts In Labor And Corporate Debt Market
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Author : Ding Yuan
language : en
Publisher:
Release Date : 2018
Three Essays On The Economics Of Contracts In Labor And Corporate Debt Market written by Ding Yuan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Consistent with the view that increased creditor monitoring has disciplining effect on the managers, I find no significant change in the R&D spending, significant but model decrease in the total patent counts two years forward as well as significant and large positive impact on the citation counts of the patents. The results demonstrate that increased creditor governance is overall beneficial to firm innovation.