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entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …
Persistent link: https://www.econbiz.de/10010267484
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … evidence on transition economies. -- credit constraints ; distribution ; economic development ; entrepreneurship ; institutions … other natural resources determines structural change and economic development. A more equal distribution of natural …
Persistent link: https://www.econbiz.de/10003225929
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …
Persistent link: https://www.econbiz.de/10013318254
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …
Persistent link: https://www.econbiz.de/10003202246
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …
Persistent link: https://www.econbiz.de/10003204791
economy with imperfect political institutions. In a capital-scarce economy, an autocrat catering to the needs of landowners … chooses to shelter the economy from trade. The trade regime interacts with economic institutions, and with policies on capital … mobility, to govern capital accumulation. A landed autocrat neglects to improve institutions and blocks foreign capital to …
Persistent link: https://www.econbiz.de/10011734484
Purpose - This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...
Persistent link: https://www.econbiz.de/10011410059
accumulation, as well as on the income and wealth distribution in a two sector heterogeneous agent general equilibrium model …. Workers and firm owners are subject to idiosyncratic shocks. Entrepreneurship is the riskier occupation. Compared to an … likelihood of entrepreneurship increases with individual wealth. …
Persistent link: https://www.econbiz.de/10010265142
categories of long-term investors – institutional investors and multilateral finance institutions. That opens new opportunities …
Persistent link: https://www.econbiz.de/10012630316
We study the response of corporate investment in Emerging Markets to unexpected fiscal shocks. We find that, although firm-level investment decreases on impact following unexpected public expenditure adjustments (classical Keynesian multiplier effect), it quickly rises above pre-shock levels....
Persistent link: https://www.econbiz.de/10013291760