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And Schumpeter Said, "This is How Thou Shalt Grow"; Further Quest for Economic Growth in Poor Countries

Beaugrand, Philippe - International Monetary Fund (IMF) - 2004

The paper reviews the “stylized facts” on economic growth gathered by Easterly and Levine in their 2001 joint paper and illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP since 1970. The data show that the growth...

Persistent link: https://www.econbiz.de/10005825901

THE ROLE OF DISSATISFACTION AND PER CAPITA INCOME IN EXPLAINING SELF-EMPLOYMENT ACROSS 15 EUROPEAN COUNTRIES

Wennekers, Sander; Stel, Andre van; Noorderhaven, Niels; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

This paper deals with explaining the sizable differences in the rate of self-employment (business ownership) across 15 European countries in the period 1978-2000, within a framework of occupational choice, focusing on the influence of dissatisfaction and of per capita income. Using two different...

Persistent link: https://www.econbiz.de/10005765237

Uncertainty Avoidance and the Rate of Business Ownership across 22 OECD Countries, 1976-2000

Noorderhaven, Niels; Stel, André van; Thurik, Roy; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

entrepreneurship. Second, cross-sectional regression analysis using data for three separate years in twenty Western countries and Japan … costs of entrepreneurship are the dominant perception in this cultural environment. In a group of low-uncertainty avoidance …

Persistent link: https://www.econbiz.de/10005765275

Employment Growth and Entrepreneurial Activity in Cities

Acs, Zoltan J.; Armington, Catherine - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...

Persistent link: https://www.econbiz.de/10005765277

Post-Materialism Influencing Total Entrepreneurial Activity Across Nations

Uhlaner, Lorraine; Thurik, Roy - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

entrepreneurship, new business formation and a combination of the two, referred to as total entrepreneurial activity, as defined within … the Global Entrepreneurship Monitor. The model is also tested for the rate of established businesses, as distinct from … Global Entrepreneurship Monitor, World Values Survey and other published sources. Findings confirm the significance of post …

Persistent link: https://www.econbiz.de/10005765280

Growth and Capital Flows with Risky Entrepreneurship

Sandri, Damiano - International Monetary Fund (IMF) - 2010

This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can explain why growth accelerations in developing countries tend to be associated with current account improvements. The uninsurable risk of losing invested capital forces entrepreneurs...

Persistent link: https://www.econbiz.de/10008519499

Post-Materialism: A Cultural Factor Influencing Total Entrepreneurial Activ-ity Across Nations

Uhlaner, Lorraine; Thurik, Roy - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

intersecting data available from the Global Entrepreneurship Monitor, World Values Survey and other published sources. Findings …

Persistent link: https://www.econbiz.de/10005588043

Sudden Stops, Output Drops, and Credit Collapses

Dagher, Jihad - International Monetary Fund (IMF) - 2010

This paper proposes a tractable Sudden Stop model to explain the main patterns in firm level data in a sample of Southeast Asian firms during the Asian crisis. The model, which features trend shocks and financial frictions, is able to generate the main patterns observed in the sample during and...

Persistent link: https://www.econbiz.de/10008646413