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There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post … remarkable long-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the …, the first micro-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex …
Persistent link: https://www.econbiz.de/10005137127
We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth …
Persistent link: https://www.econbiz.de/10008838597
firm growth, survival, size and age. While these studies have resulted in findings that are sufficiently consistent as to … relationships between firm age and size on the one hand, and survival and growth on the other may, in fact, not be the same in … services. The results suggest that the most fundamental relationships between firm size, age, survival and growth are …
Persistent link: https://www.econbiz.de/10005795570
This paper puts forward a method to estimate average economic growth, and its associated confidence bounds, which does …
Persistent link: https://www.econbiz.de/10005136924
Growth in the Millennium</I>, 2005, Resources for the Future, Washington DC, 177-97.<P> …
Persistent link: https://www.econbiz.de/10005137068
external capital and have greater growth opportunities. Also, higher accountability and lower income inequality are associated …
Persistent link: https://www.econbiz.de/10005137200
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth … studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of all …
Persistent link: https://www.econbiz.de/10005137206
The paper considers a two-country model of overlapping generations heterogenous
Persistent link: https://www.econbiz.de/10005137211
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10005137275
achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate …
Persistent link: https://www.econbiz.de/10005282044