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Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The …. Boosting economic growth requires a new generation of high-growth companies and that resources flow towards the most productive … firms. For this to happen, barriers to business growth have to be reduced by streamlining regulations and licencing …
Persistent link: https://www.econbiz.de/10010464863
same time it can modify the allocation of consumption, investment and the capital stock. With capital …, a shock to the process of capital-embodied technological progress is shown not to raise investment as much as could be … account of the improvement in the quality of capital goods rises only modestly. The muted investment response might seem very …
Persistent link: https://www.econbiz.de/10011823657
. Putting Argentina on a path to stronger, inclusive and job-rich growth requires boosting productivity and strengthening … investment through wide-ranging structural reforms. Areas that require reforms include the regulation of product and labour … institutions are particularly relevant, would stimulate private investment, facilitating the creation of new firms and jobs, and …
Persistent link: https://www.econbiz.de/10011823732
changes in investment strategies and potentially led to pro-cyclical investment behaviour such as the fire-sale of assets in …
Persistent link: https://www.econbiz.de/10009684014
Business registration is crucial for ensuring accountable, transparent and viable business environments. By bringing businesses into the formal economy, governments are able to provide more strategic and targeted policies for businesses and consumers. The objective of this working paper is to...
Persistent link: https://www.econbiz.de/10011732393
The share of the tertiary sector in China’s value added has increased steadily, overtaking the share of the secondary sector in 2013. With increasing incomes, the share of services is expected to grow further as at higher incomes a larger share of income is spent on services. In addition to...
Persistent link: https://www.econbiz.de/10011399408
Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the...
Persistent link: https://www.econbiz.de/10009767756
bankruptcy legislation) and restrictions on foreign direct investment, this is largely traceable to the worsening of allocative …
Persistent link: https://www.econbiz.de/10009696511
growth rate of survivors. This decomposition shows that the four elements interplay in very different ways, even across …) beyond that age. When looking at employment growth of surviving businesses, it is found that the large majority of surviving …
Persistent link: https://www.econbiz.de/10011403426
Theoretical and empirical studies on multi-product firms have shown that firms adjust their product mix in response to trade liberalisation. This paper uses the South African Revenue Service (SARS) and National Treasury (NT) firm-level panel to assess the response of South African firms to trade...
Persistent link: https://www.econbiz.de/10012304419