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Recent literatures on entrepreneurship and economic growth estimate the empirical relationships between the following pairs of variables: (1) institutions and entrepreneurial activity; (2) institutions and economic growth; and (3) entrepreneurship and economic growth.This paper revisits each of...
Persistent link: https://www.econbiz.de/10013093550
Empirical literature amp;#64257;ndings do not provide a clear-cut interpretation of the effects of public aid on amp;#64257;rms performances. We contribute to this literature analysing the eamp;#64256;ects of public regional subsidies on investment using a new dataset covering all the amp;#64257;rms in the Italian...
Persistent link: https://www.econbiz.de/10012714301
The world’s largest place-based economic development policy operating within a single legal and institutional architecture is the regional and urban policy of the European Union (EU). In this paper we analyse how this policy is related to the promotion of regional well-being. In order to do...
Persistent link: https://www.econbiz.de/10014093829
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10003803543
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10012765692
Railways are a key infrastructure that facilitates trade and regional integration with potential consequences on local development and the environment in hitherto backward regions. In this article, we study the medium- to long-term socio-economic and environmental infrastructure impacts for the...
Persistent link: https://www.econbiz.de/10012813725
This paper investigates the consequences of the legalization of around 600,000 immigrants by the unexpectedly elected Spanish government of Zapatero following the terrorist attacks of March 2004 (Garcia-Montalvo, 2011). Using detailed data from payroll-tax revenues, we estimate that each newly...
Persistent link: https://www.econbiz.de/10011806292
This paper analyzes in how far immigration affects firm formation at the regional level. For this purpose, we exploit a … panel regressions suggest that immigration had a positive impact on regional firm formation. The most likely mechanisms … demonstrates that immigration induced changes in local labor supply can partially be absorbed by the creation of firms. …
Persistent link: https://www.econbiz.de/10011954636
This paper assesses the impact of the 2008-09 global financial and economic crisis on the medium-term growth prospects of the countries of central and eastern Europe, the Caucasus and Central Asia, which began an economic transition about two decades ago. We use cross-country growth regressions,...
Persistent link: https://www.econbiz.de/10008907983
This paper assesses the impact of the 2008-09 global financial and economic crisis on the medium-term growth prospects of the countries of central and eastern Europe, the Caucasus and Central Asia, which began an economic transition about two decades ago. We use cross-country growth regressions,...
Persistent link: https://www.econbiz.de/10008807420