Showing 1 - 10 of 235
The paper investigates whether and how performance of regional commercial courts has affected external credit of Russian enterprises between 1995 and 2002. The results show that more reliable courts lead to higher bank lending to firms. This occurs predominantly through expansion of the number...
Persistent link: https://www.econbiz.de/10005118841
Economists tend to agree that the recent cutting of dividends taxes will encourage investment and reduce financial distress. In addition to creating these “benefits,” however, the tax cut can also increase governance costs. For example, by removing a bias for leveraged capital structures,...
Persistent link: https://www.econbiz.de/10005413182
This paper consists of an introductory survey of two fundamental questions regarding the link between entrepreneurship and economic growth. The first one deals with the endogenous relationship between entrepreneurship and growth. In particular, we suggest that, while more entrepreneurship could...
Persistent link: https://www.econbiz.de/10005118761
El objetivo de este trabajo es ofrecer una revisión de las principales regularidades que, desde una óptica microeconómica, se han observado en los trabajos que analizan la evolución de la productividad y los determinantes de su crecimiento en la economía española durante las últimas...
Persistent link: https://www.econbiz.de/10005134478
Economic growth continues to be a major objective of state governments in Mexico. What role do firm location, openness, education, and wage rates play in determining the ability of a state to increase the growth of its economy? This study examines the economic competitiveness of the Mexican...
Persistent link: https://www.econbiz.de/10005407843
This paper assesses empirically structural change in the Indian manufacturing based export sector, based on an analysis of 143 industries / product groupings (mainly manufacturing industries). Trade indices such as Balassa’s revealed comparative advantage (RCA) index, and other variants...
Persistent link: https://www.econbiz.de/10005408011
With the enlargement of the European Union, many Central and Eastern European (CEE) manufacturing companies have greater opportunity for internationalizing their activities. Although it is generally held that SMEs have the flexibility and ability to adapt to their environment more quickly than...
Persistent link: https://www.econbiz.de/10005412870
Nowadays of increasing functioning of network competitors, the Portuguese Small and Medium Enterprises (SME) of the … together with SME to pursue the creation of a selective set of Portuguese brands which might better represent “Made in Portugal …” products. Furthermore, the Textile and Clothing Industry should be promoted by incentives for the entrepreneurship of SME …
Persistent link: https://www.econbiz.de/10005412926
In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and look at changes in the behaviour of enterprises. In 1994,...
Persistent link: https://www.econbiz.de/10005412948
The study estimates the rate of capacity utilization for the Indian paper industry for the period 1973-74 to 1997-98 on the basis of the theoretical framework of variable cost function. It is based on the basic premise that deviation from full utilization of capacity takes place as the levels of...
Persistent link: https://www.econbiz.de/10005413243