Showing 1 - 10 of 27
Drivers of entrepreneurial entry are investigated in this study by examining how entry into small-business ownership is shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering firms in various industries are shown to differ...
Persistent link: https://www.econbiz.de/10009369416
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to ‘excessive’ entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a...
Persistent link: https://www.econbiz.de/10005822475
This study examines causes of black/white gaps in business ownership and self-employment rates by analyzing small-business entry and exit patterns. We proceed by recognizing heterogeneity in business ownership across different industry groups: a classification of firms by human- and...
Persistent link: https://www.econbiz.de/10005763894
one caused by sector-specific job characteristics. A natural experiment – the massive privatization process in post …-Soviet countries – allows correcting potential self-selection bias. Industry-specific privatization probabilities are assigned to …
Persistent link: https://www.econbiz.de/10010884142
evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase …
Persistent link: https://www.econbiz.de/10011279308
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10005233777
Privatization policy faces increasing popular opposition in Latin America. We test for the determinants of this … countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral … variables as controls.. Our main finding is that disagreement with privatization is more likely when the respondent is poor …
Persistent link: https://www.econbiz.de/10005703277
We investigate the wage effects of privatization using person-level firm-based panel datasets from one privatized and … one nonprivatized public sector firm in the same country for the years immediately before and after privatization. Thus …, we can analyze the before-after effects of privatization while controlling for individual and time fixed effects and …
Persistent link: https://www.econbiz.de/10005822644
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries … external liberalization and privatization, concentration of political power drives internal liberalization, and democracy … underpins all three. We find that FDI inflows reduce the probability of privatization reversals, labour strikes increase that of …
Persistent link: https://www.econbiz.de/10005822778
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10005762442