Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...

This paper develops a labour market matching model in order to address the problem of the persistence of the hidden sector and of its regional concentration, as in Italy and in the enlarged Europe. The main novel features of the model are that entrepreneurial ability affects job productivity,...

A matching model will explain both unemployment and economic growth by considering the underground sector. Three problems can thus be simultaneously accounted for: (i) the persistence of underground economy, (ii) the ambiguous relationships between underground employment and unemployment, and...

This paper is devoted to the study of dual budgeting positions ordering costs and revenues for functional activities, the implementation of the entrepreneurial potential of project budgets and through the conclusion of potentially important areas of the company to a new level by providing...

Relying on the non-negligible role played by the underground economy in the labour market fluctuations, this paper extends the standard matching model à la Mortensen-Pissarides by introducing an underground sector along with an endogenous sector choice for both entrepreneurs and workers. These...

This article analyzes the garment industry as an important sector of the Russian economy. An analysis of the conclusions that the number of employees in the industry is steadily declining for three decades, light industry in Russia and in countries with similar climatic conditions have a strong...

This article analyzes the approaches to the definition of the competitive advantages of business. Based on a review of the resource, technological, institutional, organizational and technological approaches, the expediency of the organizational and technological approach to solving the problem...

This paper discusses the economic category of "competitive advantages" in relation to business structures in market conditions. Analyzes a number of features that characterize the steady state of the economic entity in the process of competitive relations: relativity, dynamics, var-iability,...

In this paper we propose the organization of the structural analysis of the business processes of small businesses and agricultural cooperatives agricultural sector. The content of the business processes in these economic entities at the time of the study, an assessment is the effectiveness of...