Further publications of the WIFO research staff members

The extensive publication activities of the staff members mirror the close links with the international scientific community.

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Weitere Publikationen: Klaus S. Friesenbichler(14 hits)

Klaus S. Friesenbichler, Eva Selenko, Firm performance in challenging business climates. Does managerial work engagement make a difference?

Do more highly work-engaged managers contribute to firm performance? Leaning on the resource-based view, we propose managerial work engagement as a resource relevant to firm performance. Data from a representative survey of managers in Bangladesh support this and illuminate the role of the wider context in predicting work engagement. In less-corrupt environments with a more humane leadership culture, work engagement is more prevalent. In addition, individual work engagement is driven by firm-level factors and contributes independently to firm performance. This illustrates the mutual dependency between an individual manager's work engagement and microeconomic determinants of firm performance.

Klaus S. Friesenbichler, Eva Selenko, George Clarke, Perceptions of Corruption: An Empirical Study Controlling for Survey Bias

Journal of Interdisciplinary Economics, 2017, (1), pp.1-30, http://journals.sagepub.com/doi/full/10.1177/0260107917723787
Survey data on corruption are widely used to construct corruption indices, but are hardly questioned. How do individual experiences shape perceptions of corruption? Do more work-engaged respondents perceive corruption as a bigger obstacle to business operations than others? What role does answer bias play in corruption surveys? This article brings together several strands of literature to discuss these questions, and tests them empirically with survey data from Bangladesh and Sri Lanka. We find that individuals who are more work engaged report corruption as a bigger obstacle. So did respondents who were previously exposed to corruption. We control for possible answer bias by implementing a randomised response technique, and find that corruption tends to be under-reported. The effects of work engagement and prior exposure to corruption are more pronounced when the bias indicator is considered, and again become stronger once we control for answer bias affecting past experiences with corruption.

Klaus S. Friesenbichler, Entwicklungsaspekte der Außenwirtschaft Fokus: Offene Märkte , in: Aktuelle volkswirtschaftliche Fragen im Rahmen von internationaler Wirtschaft und Europäischer Integration

Der Vortrag diskutiert die Zusammenhänge zwischen Außenwirtschaft und Entwicklungspolitik und betrachtet die Institutionen als Voraussetzung für funktionierenden Freihandel. Zudem wird ein Überblick über EU-Strategien gegeben, wobei auch auf den "Wettstreit der Entwicklungsmodelle" eingegangen wird.

George Clarke, Klaus S. Friesenbichler, Michael Wong, Do Indirect Questions reduce Lying About Corruption? Evidence from a Quasi-Field Experiment

Comparative Economic Studies, 2015, (1), pp.103-135, http://link.springer.com/article/10.1057/ces.2014.43
Recent studies have found reticent managers are less likely to report corruption than are non-reticent managers. We confirm this using new data from Bangladesh and Sri Lanka. We find reticence greatly affects estimates of corruption for measures based on both direct and indirect questions. We also find reticence affects response rates. Surprisingly, reticent managers were less likely to refuse to answer questions on corruption than non-reticent managers, possibly because reticent managers believe that refusing to answer seems like a tacit admission of guilt. Throughout the analysis, we control for the potential endogeneity of the reticence measure.

Klaus S. Friesenbichler, Firm Growth in Conflict Countries: Some Evidence from South Asia

This paper provides robust evidence on feedback effects of violent conflicts on firm growth. It uses South Asian firm level data that contain rare employment information on countries that experience severe conflicts. We show that firm growth exists in conflict areas. Yet, there are fewer expanding firms. They tend to grow slower than firms in other countries in the region, and firms that shed staff decline faster. Particularly firms in urban conflict areas were performing less dynamically. The results point at severe investment climate issues in conflict countries, which imply a lower degree of industrial and productivity dynamics in afflicted regions.