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Using a rich panel of owner-operated New York dairy farms, we provide new evidence on entrepreneurial behavior. We formulate a dynamic model of farms facing uninsured risks and financial constraints. Farmers derive nonpecuniary benefits from operating their businesses. We estimate the model via...
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groups, it is important to understand the factors that underlie the nature and extent of ethnic entrepreneurship to evaluate …
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We explore the role of different types of self-employment for a persistence of the regional level of entrepreneurship … regarded a rather weak form of entrepreneurship. …
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