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We provide empirical evidence that uncertainty (rather than risk) and optimism are distinctive characteristics of high-impact entrepreneurial firms (recently listed firms) relative to old, incumbent firms. Based on this evidence, we construct an entrepreneurial entry predation model with...
Persistent link: https://www.econbiz.de/10011852629
This study investigates the role of insurance in economic growth on a panel of forty-eight countries in Africa for the … positively affect economic growth in Africa? The empirical evidence is based on Generalized Method of Moments. Life insurance …
Persistent link: https://www.econbiz.de/10012025638
Using firm-level data on manufacturing sectors in Africa, this paper addresses how domestic supply constraints and … firm-level export intensity. Some qualitative differences exist between Africa's regional exports and exports to the global …, implying the relevance of addressing behind-the-border constraints in fostering regional integration in Africa. Customs …
Persistent link: https://www.econbiz.de/10014219055
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169
tradition improves CC. Originality/value – We complement the literature on the fight against corruption in Africa by employing …
Persistent link: https://www.econbiz.de/10013032552
Purpose – The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the past decade.Design/Methodology/Approach –...
Persistent link: https://www.econbiz.de/10013032594
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011596867
Recent data advances have opened exciting new avenues for analyzing the political economy of foreign aid. Recent papers have looked at the social, environmental or welfare implications of aid. This paper, however, combines geo-referenced data on foreign aid with a similarly coded dataset of FDI...
Persistent link: https://www.econbiz.de/10012895794
) on the inflow of foreign direct investment (FDI), utilizing data from 37 economies in sub-Saharan Africa (SSA) from 1996 …
Persistent link: https://www.econbiz.de/10014503043
Persistent link: https://www.econbiz.de/10003413130