Over recent years `opportunity cost' (OC) models of growth have been constructed which suggest that firms take …

, thus showing that liquidity constraints bind with respect to agricultural investment. In loan-villages, we gave grants to a … grants. Thus we find important heterogeneity in returns to investment and strong evidence that farmers with higher marginal … returns to investment self-select into lending programs. …

catalyze adoption of investments and practices aimed towards enterprise growth. We find that entrepreneurs invest the cash, and …

This paper develops a simple model, which shows how economic fluctuations can stimulate growth. It is shown that firms … tend to invest more in productivity growth during recessions, since the opportunity cost (in terms of forgone profits) of … established that the average growth rate of the economy increases with the amplitude of the fluctuations and also with their …

In this paper we discuss determinants of firm survival and growth in Germany within its pre-1989 boundaries. We argue … under limited liability should be characterized by higher than average insolvency and employment growth rates. We test these … predictions by considering the survival chances and employment growth rates of various types of enterprises in a sample of …

entry rate, firm focus, firm growth, industry growth and innovation. We also obtain some counter-intuitive results such that …

and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax … rates. Intensive investment refers to the size of a firm's capital stock. Extensive investment refers to the firm …'s production location and reflects the trade-off between exports and foreign direct investment as alternative modes of foreign …

when they pass it. Using a comprehensive matched employer-employees dataset, we find that the probability of firms' growth …