Big business stability and social welfare / Kathy Fogel, Randall Morck, Bernard Yeung.

Author/creator Fogel, Kathy, 1974-
Other author Morck, Randall.
Other author Yeung, Bernard, 1953-
Other author National Bureau of Economic Research.
Format Electronic
Publication InfoCambridge, MA : National Bureau of Economic Research,
Supplemental ContentFull text available from NBER Working Papers

SeriesNBER working paper series ; working paper 14027
Working paper series (National Bureau of Economic Research : Online) ; working paper no. 14027. UNAUTHORIZED
Summary "Many countries appear to have excessively stable big business sectors, in that higher rates of big business turnover have been correlated with faster economy growth. Public policies that stabilize big business sectors are sometimes justified as supportive of social objectives. We find no consistent link between big business stability and public goods provision, egalitarianism, or labor empowerment. While absence of evidence is not evidence of absence, these findings suggest that other explanations, such as special interest politics or behavioral biases favoring the status quo also be considered"--National Bureau of Economic Research web site.
General noteTitle from PDF file as viewed on 7/10/2008.
Bibliography noteIncludes bibliographical references.
Access restrictionAvailable only to authorized users.
Other formsAlso available in print.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2008610858

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