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Some Empirical Findings on the Structural Devlopment of the Estonian Economy
Laaser, Claus Friedrich; Reiljan, Janno; Schrader, Klaus - Institut für Weltwirtschaft (IfW) - 2015
Estonia is widely regarded as a paramount example for a successful transformation of a socialist economic system to a … Southern Europe the remaining problems of Estonia are often ignored. Estonia has hardly succeeded in catching-up economically … that Estonia faces a serious productivity problem, particularly in the manufacturing sector producing tradable goods which …
Persistent link: https://www.econbiz.de/10011272152
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The Dynamics of Capital Structure in Transition Economies
Nivorozhkin, Eugene - 2007
This paper uses a dynamic unrestricted capital structure model to examine the determinants of the private companies' target financial leverage and the speed of adjustment to it in two transition economies, the Czech Republic and Bulgaria. We explicitly model the adjustment of companies' leverage...
Persistent link: https://www.econbiz.de/10012732322
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The Capital Structure of Listed Companies in Poland
Hussain, Qaizar - 2006
This paper examines the capital structure of listed firms in Poland, using firm-level panel data to study the determinants of leverage. Polish firms had extremely low leverage levels, suggesting a growing stock market and a potential reluctance of banks to grant loans to old and risky firms. The...
Persistent link: https://www.econbiz.de/10012781569
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The Regional Economic Value of Entrepreneurship: A Schumpeterian Approach to the Linkage between Entrepreneurship and Regional Development
Sousa, Sonia - In: Journal of Reviews on Global Economics 2 (2013), pp. 79-93
This paper develops a regional-level total factor productivity (TFP)-based proxy measure of the economic value of the functions entrepreneurs perform in the economy. In providing the theoretical support for linking the economic value of entrepreneurship (EVE) and TFP, this paper integrates...
Persistent link: https://www.econbiz.de/10010667385
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The Incredible Shrinking Portuguese Firm
Braguinsky, Serguey; Branstetter, Lee G.; Regateiro, Andre - National Bureau of Economic Research (NBER) - 2011
Using Portugal's extensive matched employer-employee data set, this paper documents an unusual feature of the Portuguese economy. For decades, the entire Portuguese firm size distribution has been shifting to the left. We argue in this paper that Portugal's shrinking firms are linked to the...
Persistent link: https://www.econbiz.de/10009203584
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Latvijas būvniecības industrijas resursu problēmas vienotā Eiropā
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2009
In the paper Latvian construction industry is comprehensively evaluated and compared with the Baltic States and the European Union. Industry resources and it costs are analyzed by group: natural resources, production of building materials, fixed assets and attraction of money capital, personnel...
Persistent link: https://www.econbiz.de/10008552830
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The dynamics of capital structure in transition economies
Nivorozhkin, Eugene - EconWPA - 2003
This paper uses a dynamic unrestricted capital structure model to examine the determinants of the private companies’ target financial leverage and the speed of adjustment to it in two transition economies, the Czech Republic and Bulgaria. We explicitly model the adjustment of companies’...
Persistent link: https://www.econbiz.de/10005412747
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Financing Choices of Firms in EU Accession Countries
Nivorozhkin, Eugene - Ratioinstitutet - 2004
and Eastern Europe and the former Soviet Union (Bulgaria, the Czech Republic, Poland, Romania and Estonia). We consider …
Persistent link: https://www.econbiz.de/10005642416
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How Substitutable are Fixed Factors in Production? Evidence from Pre-industrial England
Wilde, Joshua - Department of Economics, University of South Florida - 2013
The extent to which fixed factors of production such as land constrain per-capita income growth has been a widely discussed topic in economics since at least Malthus (1798). Whether fixed factors limit growth depends crucially on two variables: the substitutability of fixed factors in...
Persistent link: https://www.econbiz.de/10010659026
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Benchmarking study about R&D and Innovation at the Spanish
Iturriagagoitia, Jon Mikel Zabala - EconWPA - 2005
The aim of this paper is the realization of a Benchmark analysis about the relative position of the Valencian Innovation System. This comparison has been threefold comparing the Spanish, Mediterranean and European regions. In order to undertake this analysis, on the one hand, for the Spanish...
Persistent link: https://www.econbiz.de/10005119051