Showing 1 - 10 of 87
The aim of this paper is to empirically analyze the effect of financial constraint, information asymetry on the firm investment. On the basis of a data relating to 394 Tunisian firms observed over the period 2001-2008 and by adopting the panel data method, our findings show that the effect of...
Persistent link: https://www.econbiz.de/10010058676
This paper examines the dynamic process of quality adjustment in cases where the economy lacks a sufficient number of markets for coordinating the level of attributes that configure the qualities of products. It shows that an adjustment process through the development and selection of...
Persistent link: https://www.econbiz.de/10010186057
This paper attempts to provide an economic interpretation of the factors that drive the movements of interest rates of bonds of different maturities in a continuous-time no-arbitrage term structure model for Chile. The dynamics of yields in the model are explained by two latent factors, namely...
Persistent link: https://www.econbiz.de/10009959071
The theoretical richness and variety of the new growth literature can make it difficult to capture the essence of growth models. With this paper, we wish to provide one possible integrating view of the nature of the growth generating processes. Revisiting the models that constitute the core of...
Persistent link: https://www.econbiz.de/10010080114
The purpose of this paper is to analyze the relationship between energy consumption and economic growth in Saudi Arabia … aggregate energy consumption, and finally, the paper will analyze the relationship between economic growth and oil intensity of … energy consumption is positive, but with low elasticities. (2) The impacts of energy prices showed no significant effect on …
Persistent link: https://www.econbiz.de/10010148030
This paper examines the functional relationships between income inequality, economic factors, institutions, and Kuznets' inverted-U hypothesis. A model that incorporates interactive as well as direct effects of several factors to capture their combined effect on inequality is developed. The...
Persistent link: https://www.econbiz.de/10009958061
Entrepreneurship is considered to be an important mechanism for economic development through employment, innovation and welfare effects. The papers in this special issue are from the 3rd Global Entrepreneurship Monitor Research Conference held in Washington D.C. in 2007. The introduction has...
Persistent link: https://www.econbiz.de/10009959095
This research aims to find the determinants of participation on social organizations in Chile through a social capital approach, as well as to evaluate the existence of a positive effect between participation and household welfare. In the case of economic and local organizations several...
Persistent link: https://www.econbiz.de/10009959103
The objective of this paper is to evaluate, in light of statistical data, Poland’s capacity for dynamic development in the future and its possibilities for the attainment of its ambitious economic and social goals. The analysis was based on the latest available data drawn primarily from...
Persistent link: https://www.econbiz.de/10009959721
Basing on official statistical data, the article presents changes in R&D taking place in Poland in 1975-2009. In 1975 the Polish centrally-planned economy held a strong position in Europe, especially if we measure it by the number of scientific and technical staff employed in research and...
Persistent link: https://www.econbiz.de/10009959728