Bhaumik, Sumon; Dimova, Ralitza; Kumbhakar, Subal C.; … - William Davidson Institute, University of Michigan - 2012
institutional quality on firm performance. Our methodology allows us to estimate the marginal impact of institutional quality on … institutions, which is based on empirical evidence about the impact of institutional quality on the average firm. We demonstrate …, for example, that once both the direct impact of a change in institutional quality on total factor productivity and the …