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In this paper we introduce additional parameters of the economic environment related to some notion of “distance” to institutions in a simple formal model. This distance could be viewed as an uneven spatial distribution (or coverage) of institutions with respect to population distribution....
Persistent link: https://www.econbiz.de/10009325652
When we speak about the significance of foreign direct investments (FDI) for the transition economies of Southeastern Europe, we mainly think of two important effects of FDI: effect on economic growth and effect on export performances. Both economic features (growth and export performance) are...
Persistent link: https://www.econbiz.de/10005836874
The objective of this paper is to test the exchange rate regime – growth nexus in transition economies by looking if and how some inherent characteristics of the transition process might have affected the de-facto classifications of exchange rate regimes. 28 transition countries of Central and...
Persistent link: https://www.econbiz.de/10011109541
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
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
The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in …
Persistent link: https://www.econbiz.de/10011212782
this gap introducing the concept of ‘Collective Local Entrepreneurship’, a reference point, a device to whom anchor the …
Persistent link: https://www.econbiz.de/10011260113
successful clustering is the development of entrepreneurship, and the expected result (i.e. the purpose of cluster initiatives … potential of entrepreneurship’s development. It allows not only to substantiate the thesis about the dominant influence of … social factors but also to reveal the implicit contradiction between the social and economic aspects of entrepreneurship able …
Persistent link: https://www.econbiz.de/10011260732
Creativity is changing the way cities approach economic development and formulate policy. Creative metropolises base their economic development strategies, at least partly, on building communities attractive to the creative class worker. While there are countless examples of high-tech regions...
Persistent link: https://www.econbiz.de/10005247894
Persistent link: https://www.econbiz.de/10005247897