Improving the access to finance for entrepreneurial endeavours is crucial in fostering competition, innovation and growth in Europe. A series of studies has shown that small companies and start-up firms play an important role for an economy’s growth and development perspectives. However,...

We examine two data sets, one from the UK (n = 15,750) and one from the US (n = 3239), to show that SME financial behaviour demonstrates substantial financial contentment, or ‘happiness’. We find fewer than 10% of the UK firms seek significant growth and only 1.32% of US firms list a...

In 2005, Portugal introduced a business registration reform - the On the Spot Firm program - with the goal of promoting the establishment of new start-ups and, ultimately, stimulating investment and economic growth. However, the question remains as to whether this policy has successfully...

We provide a new approach for assessing the cost of marginal ecosystem changes and theeffectiveness of green payment schemes. The approach is based on a theoretical and empirical analysis of the bio-economic production interactions between marketed outputs and non-marketed ecosystemservices at...

The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies the productivity and distributional effects of large dams in India. To account for endogenous...

We provide a new approach for assessing the cost of marginal ecosystem changes and the effectiveness of green payment schemes. The approach is based on a theoretical and empirical analysis of the bio-economic production interactions between marketed outputs and non-marketed ecosystem services at...

Published by Asociación de Economistas Agrarios de Chile

The Australian government Caring for our Country (CfoC) program, first announced in 2008, has sought to build on and enhance previous experience with Australian natural resource management policy. This paper critically examines the initial design, planned delivery, and first round of competitive...