Abstract Following George Stigler (1964), many economists assume that incentive problems
undermine attempts b firms to collude to raise prices and restrict output. But the potential …

Based on the concepts of North's (1990) political economy of national institutions and
economic behavior, we investigate how formal and informal institutional features influence …

Despite globalisation, the essential role of foreign direct investment (FDI) in economic
development has not changed. However, many mechanisms and dynamics of FDI-assisted …

Global competition now shapes economies and societies in ways unimaginable only a few
years ago, and competition (or'antitrust') law is a key component of the legal framework for …

The business systems approach holds considerable promise for improving our
understanding of the relations between societal institutions and technological and economic …

This article sets out to answer two interrelated questions: is it advisable for developing
countries to use public procurement efforts for development, and should more developing …

Extending institutional theory, we incorporate a neglected but important component of formal
institution, economic nationalism, into a model that specifies its effects on cross-border …

Over the last two decades, many developing countries have introduced competition policies.
This paper introduces four new indicators on various aspects of competition laws and …

This article empirically analyzes the link between public procurement (PP) and innovation
activities, by taking into account the moderating effect played by import penetration on PP …

The paper presents time‐series analyses of corporate profitability in seven leading
developing countries (DCs) using the common methodology of the persistence of profitability …