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associated risks, (iv) there is no indirect effect of conflict via institutions and infrastructure, and (v) entrepreneurial … activity may substitute for lacking markets and governance institutions. These results call for further and more in …
Persistent link: https://www.econbiz.de/10008660879
productive activities. We show that in this model two stable equilibria can emerge. As Baumol (1990) hypothesized, institutions … the importance of high quality institutions in developing countries and sheds light on the situation in conflict and post …-conflict countries, where both informal and formal institutions arguably have broken down. Under such circumstances, our analysis shows …
Persistent link: https://www.econbiz.de/10008661205
redirecting credit to unconnected households, albeit at high interest rates. …
Persistent link: https://www.econbiz.de/10012154414
Occupational segregation significantly contributes to the earnings gender gap worldwide. We look at differences in outcomes for male and female enterprises and their sectors in Sub-Saharan Africa, a region of high female participation in entrepreneurship. Data on Uganda show that women breaking...
Persistent link: https://www.econbiz.de/10011776599
The traditional relationship of patronage and clientship between the landlord- and the growing commercial class in Bida and other Nigerian Emirates - firmly established during the 19th century - left indelible marks which influence the pattern of social communication between these two classes...
Persistent link: https://www.econbiz.de/10014223417
Young entrepreneurship is an important lever for economic growth and employment creation in developing countries. Credit uptake, however, continues to pose significant limitations to the sustainability of small-scale enterprises. We estimated the impact of credit uptake (formal, informal, and...
Persistent link: https://www.econbiz.de/10014094512
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …
Persistent link: https://www.econbiz.de/10011646808
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …
Persistent link: https://www.econbiz.de/10011641557
Trust and entrepreneurship are seen as key ingredients of long-term prosperity. However, it is not clear how these two are related. Part of the confusion can be traced back to the measurement of entrepreneurship, biased towards independent entrepreneurship (self-employed and new firms), and...
Persistent link: https://www.econbiz.de/10012021623
Persistent link: https://www.econbiz.de/10011384213