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Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business...
Persistent link: https://www.econbiz.de/10013100506
reporting acute problems of access to external finance. Using firm-level replies to the SME survey on access to finance, we use … young, confirming the fact that SMEs tend to suffer more when credit standards are tightened …
Persistent link: https://www.econbiz.de/10013092075
We study the sensitivity of banks' credit supply to small and medium size enterprises (SMEs) in the UK to banks … and bank headquarters). However, during the crisis, we find that SMEs with in their vicinity banks that have stronger …
Persistent link: https://www.econbiz.de/10013019405
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...
Persistent link: https://www.econbiz.de/10013010482
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …
Persistent link: https://www.econbiz.de/10013073087
various performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that … employment protection, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity …
Persistent link: https://www.econbiz.de/10012769662
Economic activity tends to cluster. This results in productivity gains. For policy makers this offers an opportunity to formulate and promote policies that foster clustering of economic activity. Paradoxically, although agglomeration rents are often found in empirical research a rationale for...
Persistent link: https://www.econbiz.de/10013098963
This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...
Persistent link: https://www.econbiz.de/10013021714
employment. In this context, the promotion of a concept called regional innovation system has recently become important in the EU … degrees of innovation promotion by the EU from one region to another. Since regional-policy strategies should have been … subject to a new orientation towards more innovation promotion, we are particularly interested in whether the EU’s co …
Persistent link: https://www.econbiz.de/10013315973
In this paper we examine the importance of financial and other obstacles to innovation in the Netherlands using … statistical information from the CIS 3.5 innovation survey. We report results on the effect of these obstacles on the firms …
Persistent link: https://www.econbiz.de/10013316602