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Using firm-level census data, we determine how politically-connected firms (PCFs) reduce job creation in Lebanon. After observing that large firms account for the bulk of net job creation, we find
Abstract Researchers’ enthusiasm for estimating industry oligopoly power in developing countries is often not matched with availability of data. Even when available, datasets are often incomplete, inconsistent, too aggregated, and almost always collected
This paper applies hedonic pricing models to estimate the relationship between housing prices and characteristics and determines the implicit amount of housing consumed by a typical consumer by tenure type.
This paper empirically investigates the optimal number of bidders to achieve the lowest procurement prices in public procurement auctions. We use a unique data set provided by the Public Procurement
This paper examines how market power in traditional intermediation affects Turkish banks’ involvement in non-interest income generating activities, in particular, fee and commission income. The results show that banks have
In the present era of dramatic changes in the air transport services sector, this paper examines the link between the extent of liberalization and the performance of the Egyptian airline