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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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Agent-based dynamics in disaggregated growth models.
Mandel, Antoine; Jaeger, Carlo; Fürst, Steffen; Lass, … - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2010
This paper presents an agent-based model of disaggregated economic systems with endogenous growth features named Lagon GeneriC. This model is thought to represent a proof of concept that dynamically complete and highly disaggregated agent-based models allow to model economies as complex...
Persistent link: https://www.econbiz.de/10008727372
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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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Prices and the impact of the industry in the economic growth: the cases of England (1770-1840) and Colombia (1923-1998)
Posada, Carlos Esteban; Trujillo, Edgar - In: Lecturas de Economía (2008) 69, pp. 163-200
The industrial development could be an engine of economic growth through several mechanisms. In this essay we analyzed only one of them: the decline of the industrial prices because of the technical change. We designed an equilibrium model of economic growth, and look at the theoretical...
Persistent link: https://www.econbiz.de/10005464606
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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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The dynamics of capital structure in transition economies
Nivorozhkin, Eugene - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 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/10005648595
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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