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Bank Profitability, Globalisation and Barriers to Entrepreneurship. A Panel Data Analysis for Europe and the United States (1999-2007) The crux of the present article is that if corporations (as bank clients) are profitable in a globalised economic environment and there are no barriers to...
Persistent link: https://www.econbiz.de/10014521585
The crux of the present article is that if corporations (as bank clients) are profitable in a globalised economic environment and there are no barriers to entrepreneurship, banks (as lenders to these corporations) are expected to be profitable too. Thus, our proposed model is a link between...
Persistent link: https://www.econbiz.de/10010757752
In this paper a distinction will be made between manager and owner and it will be attempted to estimate numerically the country’s total economy’s entrepreneurial remuneration by a common measure across countries and show econometrically the positive impact of total economy’s...
Persistent link: https://www.econbiz.de/10014203687
In the present paper an empirical analysis will point out that the average hotel size has a positive impact on economic growth only in southern Europe. In the Northern Europe the opposite takes place. The sample covers most EU. Data are taken from Eurostat. The elaboration of these panel data is...
Persistent link: https://www.econbiz.de/10014137998
In (Georgiou, 2015) it has been shown that the size of tourism units (measured by the ratio beds/tourism unit) has a positive impact on the economic growth. In the present note it will be further shown that the number of beds per se does not really matter in the determination of the revenues...
Persistent link: https://www.econbiz.de/10013027835
A lot of research has been done on the CEO pay determinant factors. However, findings do not reach a single conclusion. To overcome this, in the present paper an effort will be made to introduce a unique worldwide formula for CEO remuneration and through this it will be attempted to relate CEO...
Persistent link: https://www.econbiz.de/10012986008
In the present paper it will be shown that government debt has a negative impact on Balassa index. Data are annual and cover most Western European countries for the period 1990-2006. The estimation of the panel data model is made feasible through the Eviews software package
Persistent link: https://www.econbiz.de/10013149150
In the present paper it will be pointed out that consumption tax rate has a negative impact on consumption. Hence, according to the consumption-led-growth theory, economic growth will be hindered. The panel data sample covers for the period 1995-2007 many European countries, and the econometric...
Persistent link: https://www.econbiz.de/10013149598
In the present paper it is pointed out that government debt is an obstacle to economic growth. To my belief, the remedy to this problem is to encourage consumption and not to impose taxes onto the consumers. Because, any decrease in their wages and salaries for temporary budgetary purposes, will...
Persistent link: https://www.econbiz.de/10013152967
The contribution of the present paper is twofold. First, it will be pointed out that government debt has a positive effect on interest rates. Second, it will be shown that interest rates have a negative impact on entrepreneurship. In short, it will be concluded that government deficit (through...
Persistent link: https://www.econbiz.de/10013155220