Showing 1 - 5 of 5
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance … suggest that an often overlooked factor - individual entrepreneurs - plays a large role in affecting firm performance. …
Persistent link: https://www.econbiz.de/10010607007
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10005094299
Existing evidence, mostly from British textile industries, rejects the importance of formal education for the Industrial Revolution. We provide new evidence from Prussia, a technological follower, where early-19th-century institutional reforms created the conditions to adopt the exogenously...
Persistent link: https://www.econbiz.de/10008583719
domestic market. A counterfactual analysis suggests that eliminating these subsidies would result in a welfare gain for China …
Persistent link: https://www.econbiz.de/10010877954
from the 2002 wave of the Business Environment and Enterprise Performance Survey collected by the World Bank for China. The … exporters, firms exporting all their output, observed in China, from 25.7% in 2002 to 11.1% in 2013. Our results indicate that a … in China increases by 1.76% while real income in the rest of the world falls by 0.59%. …
Persistent link: https://www.econbiz.de/10010877965