Simeon Djankov
Dados Biográficos
| ID | 1454732 |
|---|---|
| NOME | Simeon Djankov |
| PRENOMES | Simeon |
| SOBRENOME | Djankov |
| ASSINATURA | DJANKOV S |
| AFILIAÇÕES | World Bank |
| ORCID | 0000-0002-0822-6456 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 30 |
| TOTAL DE CITAÇÕES | 256 |
| TOTAL COMO AUTOR | 30 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1997 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2025 |
| ÍNDICE H | 4 |
Timely justice as a determinant of economic growth
We investigate how timeliness in enforcing legal contracts affects economic growth across countries. We focus on judicial timeliness as a proxy for courts’ performance in a large panel of 169 countries over the 2004–2019 period. We show that, by raising uncertainty and promoting opportunistic behaviors in business transactions, slower courts hinder economic development. The relationship is robust to diverse model specifications and appears strong…
Contagious protests
Measuring human capital using global learning data
Human capital—that is, resources associated with the knowledge and skills of individuals—is a critical component of economic development 1,2 . Learning metrics that are comparable for countries globally are necessary to understand and track the formation of human capital. The increasing use of international achievement tests is an important step in this direction 3 . However, such tests are administered primarily in developed countries 4 , limiti…
Reform Chatter and Democracy
This paper explores the dynamics of \n media chatter about economic reforms using text analysis \n from about a billion newspaper articles in 28 languages. The \n paper shows that the intensity of reform chatter increases \n during economic downturns. This increase is more significant \n in democracies. Using instrumental variable techniques, the \n analysis finds the relationship to be causal. The paper also \n documents that reform chatter is f…
Business Regulations and Poverty
Using panel data for 189 economies from 2005 to 2013, this paper shows that business-friendly regulations are correlated with the poverty headcount at the country level. This association is significant using the World Bank's Doing Business indicators on getting credit and contract enforcement. The findings suggest that the conduit for poverty reduction is business creation, as a source of new jobs and a manifestation of thriving entrepreneurship
Communism as the Unhappy Coming
We show that Eastern Orthodox believers are less happy compared to those of Catholic and Protestant faith using data covering more than 100 countries around the world. Consistent with the happiness results, we also find that relative to Catholics, Protestants and non-believers, those of Eastern Orthodox religion have less social capital and prefer old ideas and safe jobs. In addition, Orthodoxy is associated with left-leaning political preference…
World Development Report 2019
Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new so…
Poverty and Civil War
Previous research has interpreted the correlation between per capita income and civil war as evidence that poverty is a main determinant of conflict. In this paper, we find that the relationship between poverty and civil war is spurious and is accounted for by historical phenomena that jointly determine income evolution and conflict. In particular, the statistical association between poverty and civil wars disappears once we include country fixed…
Trading on Time
We determine how time delays affect trade, using newly collected data on the days it takes to move standard cargo from the factory gate to the ship in 98 countries. We estimate a difference gravity equation and find that each additional day that a product is delayed prior to being shipped reduces trade by more than 1%. Put differently, each day is equivalent to a country distancing itself from its trade partners by about 70 km on average. We also…
The law and economics of self-dealing
The curse of aid
Debt Enforcement around the World
Insolvency practitioners from 88 countries describe how debt enforcement will proceed against an identical hotel about to default on its debt. We use the data on time, cost, and the likely disposition of the assets (preservation as a going concern vs. piecemeal sale) to construct a measure of the efficiency of debt enforcement in each country. This measure is strongly correlated with per capita income and legal origin and predicts debt market dev…
Obtaining a Driver's License in India
We study the allocation of driver's licenses in India by randomly assigning applicants to one of three groups: bonus (offered a bonus for obtaining a license quickly), lesson (offered free driving lessons), or comparison. Both the bonus and lesson groups are more likely to obtain licenses. However, bonus group members are more likely to make extralegal payments and to obtain licenses without knowing how to drive. All extralegal payments happen th…
Private credit in 129 countries☆
Regulation and growth
Entrepreneurship in China and Russia Compared
Entrepreneurship
Who are China's Entrepreneurs
The Regulation of Labor
We investigate the regulation of labor markets through employment, collective relations, and social security laws in 85 countries. We find that the political power of the left is associated with more stringent labor regulations and more generous social security systems, and that socialist, French, and Scandinavian legal origin countries have sharply higher levels of labor regulation than do common law countries. However, the effects of legal orig…
The new comparative economics
Who Owns the Media
We examine the patterns of media ownership in 97 countries around the world. We find that almost universally the largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting than in the printed media. We then examine two theories of government ownership of the media: the public interest (Pigouvian) theory, according to which government ownership cures market failures, and the publi…
Courts
In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for nonpayment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute resolution for each country. We find that such formalism is systematically greater in civil than in common law countries, and is associated with higher expected du…
Enterprise Restructuring in Transition
We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of foreign and domestic competition, the consequences of soft budgets, and the role of manager…
The Regulation of Entry
Countries differ significantly in the way in which they regulate the entry of new businesses. To meet government requirements for starting to operate a business in Austria, an entrepreneur must complete 12 procedures taking at least 154 business days and pay US$11,612 in government fees. To do the same, an entrepreneur in Bolivia needs to follow 20 different procedures, pay US$2,696 in fees to the government and wait at least 82 business days to …
Who Owns the Media?
The authors examine patterns of media \n ownership in 97 countries around the world. They find that \n almost universally the largest media firms are controlled by \n the government or by private families. Government ownership \n is more pervasive in broadcasting than in the printed media. \n Government ownership is generally associated with less press \n freedom, fewer political and economic rights, inferior \n governance, and, most conspicuousl…
Courts
In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for nonpayment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute resolution for each country. We find that such formalism is systematically greater in civil than in common law countries, and is associated with higher expected du…
Private credit in 129 countries☆
Debt Enforcement around the World
Insolvency practitioners from 88 countries describe how debt enforcement will proceed against an identical hotel about to default on its debt. We use the data on time, cost, and the likely disposition of the assets (preservation as a going concern vs. piecemeal sale) to construct a measure of the efficiency of debt enforcement in each country. This measure is strongly correlated with per capita income and legal origin and predicts debt market dev…
Knowledge Transfer Under Subcontracting
Effective protection and investment incentives in Egypt and Jordan during the transition to free trade With Europe
Effective protection and investment incentives in Egypt and Jordan during the transition to free trade With Europe
The separation of ownership and control in East Asian Corporations
Foreign Investment and Productivity Growth in Czech Enterprises
This article uses firm-level data for the Czech Republic to show that during 1992–96 foreign investment had the predicted positive impact on total factor productivity growth of recipient firms. This result is robust to corrections for the sample bias that arises because foreign companies tend to invest in firms whose initial productivity is above average. Together, joint ventures and foreign direct investment appear to have a negative spillover e…
Knowledge Transfer Under Subcontracting
Who Owns the Media?
The authors examine patterns of media \n ownership in 97 countries around the world. They find that \n almost universally the largest media firms are controlled by \n the government or by private families. Government ownership \n is more pervasive in broadcasting than in the printed media. \n Government ownership is generally associated with less press \n freedom, fewer political and economic rights, inferior \n governance, and, most conspicuousl…
Hardened Budgets and Enterprise Restructuring
Enterprise Restructuring in Transition
We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of foreign and domestic competition, the consequences of soft budgets, and the role of manager…
The Regulation of Entry
Countries differ significantly in the way in which they regulate the entry of new businesses. To meet government requirements for starting to operate a business in Austria, an entrepreneur must complete 12 procedures taking at least 154 business days and pay US$11,612 in government fees. To do the same, an entrepreneur in Bolivia needs to follow 20 different procedures, pay US$2,696 in fees to the government and wait at least 82 business days to …
The new comparative economics
Who Owns the Media
We examine the patterns of media ownership in 97 countries around the world. We find that almost universally the largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting than in the printed media. We then examine two theories of government ownership of the media: the public interest (Pigouvian) theory, according to which government ownership cures market failures, and the publi…
Courts
In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for nonpayment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute resolution for each country. We find that such formalism is systematically greater in civil than in common law countries, and is associated with higher expected du…
The Regulation of Labor
We investigate the regulation of labor markets through employment, collective relations, and social security laws in 85 countries. We find that the political power of the left is associated with more stringent labor regulations and more generous social security systems, and that socialist, French, and Scandinavian legal origin countries have sharply higher levels of labor regulation than do common law countries. However, the effects of legal orig…
Entrepreneurship
Who are China's Entrepreneurs
Regulation and growth
Entrepreneurship in China and Russia Compared
Obtaining a Driver's License in India
We study the allocation of driver's licenses in India by randomly assigning applicants to one of three groups: bonus (offered a bonus for obtaining a license quickly), lesson (offered free driving lessons), or comparison. Both the bonus and lesson groups are more likely to obtain licenses. However, bonus group members are more likely to make extralegal payments and to obtain licenses without knowing how to drive. All extralegal payments happen th…
Private credit in 129 countries☆
The law and economics of self-dealing
The curse of aid
Debt Enforcement around the World
Insolvency practitioners from 88 countries describe how debt enforcement will proceed against an identical hotel about to default on its debt. We use the data on time, cost, and the likely disposition of the assets (preservation as a going concern vs. piecemeal sale) to construct a measure of the efficiency of debt enforcement in each country. This measure is strongly correlated with per capita income and legal origin and predicts debt market dev…
Poverty and Civil War
Previous research has interpreted the correlation between per capita income and civil war as evidence that poverty is a main determinant of conflict. In this paper, we find that the relationship between poverty and civil war is spurious and is accounted for by historical phenomena that jointly determine income evolution and conflict. In particular, the statistical association between poverty and civil wars disappears once we include country fixed…
Trading on Time
We determine how time delays affect trade, using newly collected data on the days it takes to move standard cargo from the factory gate to the ship in 98 countries. We estimate a difference gravity equation and find that each additional day that a product is delayed prior to being shipped reduces trade by more than 1%. Put differently, each day is equivalent to a country distancing itself from its trade partners by about 70 km on average. We also…
Communism as the Unhappy Coming
We show that Eastern Orthodox believers are less happy compared to those of Catholic and Protestant faith using data covering more than 100 countries around the world. Consistent with the happiness results, we also find that relative to Catholics, Protestants and non-believers, those of Eastern Orthodox religion have less social capital and prefer old ideas and safe jobs. In addition, Orthodoxy is associated with left-leaning political preference…
World Development Report 2019
Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new so…
Economics (22 obras) · Political science (18 obras) · Business (16 obras) · Corporate Finance and Governance (10 obras) · Law (10 obras) · Finance (7 obras) · Politics (7 obras) · Corruption and Economic Development (6 obras) · Economic growth (6 obras) · Industrial organization (6 obras)