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Which Institutions Encourage Entrepreneurs to Create Larger Firms?
Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - C.E.P.R. Discussion Papers - 2011
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across … grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001 …
Persistent link: https://www.econbiz.de/10008854547
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Shocks and rigidities as determinants of CEE labor markets' performance. A panel SVECM approach
Bukowski, Maciej; Koloch, Grzegorz; Lewandowski, Piotr - Volkswirtschaftliche Fakultät, … - 2008
In this paper the dynamic responses of labor markets to macroeconomic shocks in eight CEE countries are empirically …
Persistent link: https://www.econbiz.de/10005835482
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Financial Development and Economic Growth in Poland in Transition: Causality Analysis
Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2012
This study examines the causal relationship between economic growth and financial development in Poland on the basis of quarterly data for the period 2000 Q1–2011 Q4. In order to examine the impact of the 2008 financial crisis on the structure of financial sector-GDP links in Poland we...
Persistent link: https://www.econbiz.de/10011257877
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Financial development and economic growth in Poland in transition: causality analysis
Gurgul, Henryk; Łukasz, Lach - Volkswirtschaftliche Fakultät, … - 2011
The economic literature suggests that the efficient allocation of resources by the financial system speeds up economic development and reduces poverty. However, there are economists who find financial development to be the result of economic growth. This study examines causal relationship...
Persistent link: https://www.econbiz.de/10011258269
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Are the Central European Stock Markets Still Different? A Cointegration Analysis
Rousova, Linda - Volkswirtschaftliche Fakultät, … - 2009
The Central European countries became members of the European Union (EU) in May 2004. Has their accession into the EU also resulted in a stronger financial integration with the global economy in general and with the "old" EU countries in particular? Based on a cointegration analysis applied to...
Persistent link: https://www.econbiz.de/10004998480
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Entrepreneurship and its Link to Corruption: Assessment with the Most Recent World and Country-Group Data
Driouchi, Ahmed; Gamar, Alae - Volkswirtschaftliche Fakultät, … - 2015
Entrepreneurship is an important intangible asset of nations. The relatively recent progress in its measurement, mainly … with the Global Entrepreneurship Development Index (GEDI), suggests that previous questions related to its determinants and … effect of corruption reduction on GEDI and thus the positive relationship between an intangible good that is entrepreneurship …
Persistent link: https://www.econbiz.de/10011183135
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Corruption, Pricing of Public Services and Entrepreneurship in Economies with Leakage
Mukherjee, Vivekananda; Mitra, Siddhartha; Banerjee, … - Volkswirtschaftliche Fakultät, … - 2013
for entrepreneurship by maximizing the welfare of the economy. We show that the corruption persists at the equilibrium …
Persistent link: https://www.econbiz.de/10011110700
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Liberalization of European Telecommunications and Entrepreneurship: Why German and Portuguese Experiences are so Equal and so Different?
Leitão, João; Ferreira, João - Volkswirtschaftliche Fakultät, … - 2007
The paper aims to investigate the impact of the liberalization of European Telecommunications Markets, on the Business Ownership Rate, the Employment, the Gross Domestic Product, and the Investment in ICT, in two European countries: Germany and Portugal. For this purpose, a Cointegrated Vector...
Persistent link: https://www.econbiz.de/10005790304
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Financing Creative Destruction
Samaniego, Roberto - Volkswirtschaftliche Fakultät, … - 2009
This paper uncovers evidence of s potentially important channel linking financial development to growth: the financing of innovations introduced by entrepreneurs. Using internationally comparable data on European countries, entry and exit in research-intensive industries are found to be...
Persistent link: https://www.econbiz.de/10008565948
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Bankruptcy Codes and Innovation
Acharya, Viral V; Subramanian, Krishnamurthy - C.E.P.R. Discussion Papers - 2007
Do legal institutions governing financial contracts affect the nature of real investments in the economy? We develop a simple model and provide evidence that the answer to this question is yes. We consider a levered firm's choice of investment between innovative and conservative technologies, on...
Persistent link: https://www.econbiz.de/10005136739