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Monitoring Costs, Credit Constraints and Entrepreneurship

Banerji, Sanjay - 2012

The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...

Persistent link: https://www.econbiz.de/10013104968

Financial Constraints and Innovation : Why Poor Countries Don't Catch Up

Gorodnichenko, Yuriy - 2015

's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements …

Persistent link: https://www.econbiz.de/10013039087

European Innovation Dynamics and Us Economic Impact : Theory and Empirical Analysis

Welfens, Paul J.J. - 2015

can offer a broad analysis of product innovation dynamics in Europe which should be the basis for not only better supply … communication in relation to product innovation dynamics. Moreover, the approach provides new important arguments in favor of the … TTIP negotiations between the US and the EU and it suggests a broader analytical link between trade, FDI, innovation …

Persistent link: https://www.econbiz.de/10013032283

Life Expectancy and the Environment

Mariani, Fabio - 2009

We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...

Persistent link: https://www.econbiz.de/10013154479

A Sequential Malmquist-Luenberger Productivity Index

Oh, Donghyun - 2009

This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...

Persistent link: https://www.econbiz.de/10013159334

Low, High and Super Congestion of an Open-Access Natural Resource : The Autarky Case

Schiff, Maurice - 2020

Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) – where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion – where AC is...

Persistent link: https://www.econbiz.de/10012823865

Do Environmental Regulations Effect FDI Decisions? The Pollution Haven Hypothesis Revisited

Yoon, Haeyeon - 2017

In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations on foreign direct investment (FDI). We use Korean outward FDI data covering the manufacturing sector for 2009-15. The study not only considers the stringency but also the...

Persistent link: https://www.econbiz.de/10012950905

Fertility, Mortality and Environmental Policy

Lehmijoki, Ulla - 2017

This article examines pollution and environmental mortality in an economy where fertility is endogenous and output is produced from labor and capital by two sectors, dirty and clean. An emission tax curbs dirty production, which decreases pollution-induced mortality but also shifts resources to...

Persistent link: https://www.econbiz.de/10012966043

Why is Pollution from U.S. Manufacturing Declining? The Roles of Trade, Regulation, Productivity, and Preferences

Shapiro, Joseph S. - 2015

Between 1990 and 2008, emissions of the most common air pollutants from U.S. manufacturing fell by 60 percent, even as real U.S. manufacturing output grew substantially. This paper develops a quantitative model to explain how changes in trade, environmental regulation, productivity, and consumer...

Persistent link: https://www.econbiz.de/10013029138

Should Easier Access to International Credit Replace Foreign Aid?

Bandyopadhyay, Subhayu - 2011

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

Persistent link: https://www.econbiz.de/10013119295