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Does Local Financial Development Matter?

Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2002

We study the effects of differences in local financial development within an integrated financial market. To do so, we construct a new indicator of financial development by estimating a regional effect on the probability that, ceteris paribus, a household is shut off from the credit market. By...

Persistent link: https://www.econbiz.de/10005667081

The Effect of Regional Entrepreneurship Culture on Economic Development - Evidence for Germany

Fritsch, Michael; Wyrwich, Michael - Disciplinegroep Economische Geografie, Faculteit … - 2014

We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this … measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship … a regional culture of entrepreneurship is an important resource for regional growth. …

Persistent link: https://www.econbiz.de/10010764861

Entrepreneurship, State Economic Development Policy, and the Entrepreneurial University

Audretsch, David B; Phillips, Ronnie - C.E.P.R. Discussion Papers - 2007

entrepreneurship into state economic development and incubate entrepreneurial companies. Regional entrepreneurship policy is a new … with the needs and expertise of private industry to accelerate entrepreneurship and economic growth. …

Persistent link: https://www.econbiz.de/10005114145