Session 9 - ISNIE 2004

Saturday, October 2nd
1:30 – 3:00 p.m.
Five Parallel Sessions

Panel 9.1: MEASURING  TRANSACTION COSTS: THE COSTS OF EXCHANGE

Organizers: Alexandra Benham (Ronald Coase Institute) and Lee Benham (Washington University in St. Louis and Ronald Coase Institute)
Chair: Lee Benham (Washington University in St. Louis and Ronald Coase Institute)
Discussants: Simeon D. Djankov (World Bank), Sebastian Galiani (University of San Andres/ Washington University in St. Louis) and Howard Stein (University of Michigan)

• Measuring Some Dimensions of Transaction Costs: The Costs of Exchange
  Alexandra Benham (Ronald Coase Institute), and Lee Benham (Washington University in St. Louis and Ronald Coase Institute)
• Costs of Exchange in Peru
  Miguel Jaramillo (Group of Analysis for Development-Peru)
• Hard To Bear, Hard to Measure: The Costs of Small Business Legislation in Ukraine
  Olga N. Nashchekina (Kharkov Polytechnic Institute-Ukraine) and Igor V. Timoshenkov (People’s Ukrainian Academy-Ukraine)
• Ex-Ante Transaction Costs: Measuring the Cost of Entrance in Brazilian Small Firms
  Decio Zylbersztajn, Frederico Faccioli, and Rodrigo Frtoa Silveira (all of University of São Paulo)

Panel 9.2: ECONOMIC BEHAVIOR AND INSTITUTIONS

Chair: Oliver Volckart (Humboldt University)
Discussants: Shawn Humphrey (California State University-San Marcos) and Oliver Volckart (Humboldt University)

• Good Governance and Municipal Health Status
  Basilia Aguirre (University of Sao Paulo)
• The Role of Innovative Banking in the South African Low Income Housing Finance Market
  Laura Ebert (Marist College)
• Yardstick Competition and Learning in Public Policy – A Critical Assessment of the Open Method of Coordination of the EU
  Martina Eckardt (University of Rostock) and Wolfgang Kerber (Phillipps University)
• Irrelevant Externality Angst
  David D. Haddock (Northwestern University)

Panel 9.3: COMPARATIVE CORPORATE GOVERNANCE

Organizer and Chair: John N. Drobak (Washington University in St. Louis)
Discussants: Benito Arruñada (Pompeu Fabra University) and John N. Drobak (Washington University in St. Louis)

• European Corporate Governance: A Path to Market Efficiency
  Rainer Kulms (Max Planck Institute for Foreign Private and Private International Law)
• Why the Islamic Middle East Did not Generate Corporate Law through Indigenous Means
  Timur Kuran (University of Southern California)
• Choice as Regulatory Reform: The Case of Japanese Corporate Governance
  Ronald J. Gilson and Curtis J. Milhaupt (Columbia University)
• Competing Models of Corporate Law: Corporate Governance and Economic Development
  Troy Paredes (Washington University in St. Louis)

Panel 9.4: PERFORMANCE OF DEMOCRACIES: WHEN DO SIMILAR INSTITUTIONS PRODUCE DISSIMILAR OUTCOMES

Organizer and Chair: Philip Keefer (World Bank)
Discussants: Jim Alt (Harvard University) and Shanker Satyanath (New York University)

• Constitutions and Democratic Breakdowns
  Alicia Adsera and Carles Boix (both University of Illinois-Chicago)
• Fiscal Decentralization and The Electoral Control of Politicians
  Scott Gelbach (University of Wisconsin)
• Credibility, Clientelism and Democracy
  Philip Keefer (World Bank)
• Political Competition and Fiscal Federalism in India
  Jonathan Rodden (Massachusetts Institute of Technology) and Steven Wilkinson (Duke University)

Panel 9.5: INSTITUTIONS AND THE CREATION AND USE OF NEW TECHNOLOGIES

Chair: Rosemarie Ziedonis (University of Michigan)
Discussants: Gary Libecap (University of Arizona) and Rachelle Sampson (New York University)

• Climbing Atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research
  Jeffery L. Furman (Boston University) and Scott Stern (Northwestern University)
• Committees and the Creation of Technical Standards
  Tim Simcoe (University of California-Berkeley)
• Research Consortia and the Diffusion of Technological Knowledge: Insights from SEMATECH
  Arvids A Ziedonis, Rosemarie Ziedonis (both of University of Michigan) and Brian Silverman (University of Toronto)
• Doing R&D in Countries with Weak IPR Protection: Can Corporate Management Substitute for Legal Institutions?
  Minyuan Zhao (New York University)