Showing 1 - 10 of 11
Recent studies of developing countries have suggested that the effectiveness of foreign direct investment (FDI) as spur to econo mic growth depends on the availability of "human capital" or skilled labour in a host country. In other words, it is primarily the synergy between FDI and human...
Persistent link: https://www.econbiz.de/10005786927
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...
Persistent link: https://www.econbiz.de/10011212957
The returns to entrepreneurship are monetary and non-monetary. We offer new evidence on these returns using a large …
Persistent link: https://www.econbiz.de/10008924822
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...
Persistent link: https://www.econbiz.de/10009132744
Daniel Klein (Klein 1997, Klein and Orsborn 2009 and Klein and Briggeman forthcoming) and Israel Kirzner (forthcoming) have been engaged in a debate concerning how economists should understand and use the terms “coordination” and “economic goodness”. Klein and Briggeman (forthcoming)...
Persistent link: https://www.econbiz.de/10009322636
Entrepreneurship is an important intangible asset of nations. The relatively recent progress in its measurement, mainly … with the Global Entrepreneurship Development Index (GEDI), suggests that previous questions related to its determinants and … effect of corruption reduction on GEDI and thus the positive relationship between an intangible good that is entrepreneurship …
Persistent link: https://www.econbiz.de/10011183135
We study the cultural process through which a society inculcates an entrepreneurial spirit. People work for a guaranteed wage or operate a firm whose return depends on business expertise. The latter is culturally acquired, within the family or outside, and people may choose an occupation...
Persistent link: https://www.econbiz.de/10011108809
for entrepreneurship by maximizing the welfare of the economy. We show that the corruption persists at the equilibrium …
Persistent link: https://www.econbiz.de/10011110700
. Moreover, to a certain degree virtues are learnt through the practice of <p> entrepreneurship. Due to their importance, though …
Persistent link: https://www.econbiz.de/10011262763
entrepreneurship is fully taken into account, corporate taxation appears clearly as a direct tax on market adjustments and as an …
Persistent link: https://www.econbiz.de/10005786955