TY  - RPRT
        AU  - Bhaumik, Sumon K.
AU  - Dimova, Ralitza
        TI  - Good and Bad Institutions: Is the Debate Over? Cross-Country Firm-Level Evidence from the Textile Industry
        PY  - 2011/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5471
        UR  - https://www.iza.org/index.php/publications/dp5471
        AB  - Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency, whereas (b) good business environment which is considered to be beneficial for economic growth might have an adverse impact on production efficiency. We argue that our results suggest that the debate about the implications of institutional quality is far from being over, and classification of institutions into "good" and "bad" might be premature.
        KW  - stochastic frontier model
KW  - institutional quality
KW  - production efficiency
        ER  -