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Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This … paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number … entrepreneurship contributes to growth moderately. It is not, nonetheless, a dominant force shaping changes in TFP growth rates …
Persistent link: https://www.econbiz.de/10011430860
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
This paper analyzes the distribution of real household incomes and consumption growth in Azerbaijan between 2004 and 2009. Decile-specific price deflators were used to calculate real incomes and consumption dynamics. The analysis, which was based on growth incidence curves, showed that economic...
Persistent link: https://www.econbiz.de/10011430859
A recurring theme in recent years in the debate on the international role of currencies has been the possiblity of pricing oil in euro. This paper contributes to these debates by providing a detailed review of the empirical evidence regarding the market for crude oil and current oil invoicing...
Persistent link: https://www.econbiz.de/10011606229
Over the past three decades, North Korea has experienced a period of economic change, most notably in the development of the market. North Korea maintains that it operates a tightly controlled planned economy, the elements of which are poorly understood by the international community. Currently,...
Persistent link: https://www.econbiz.de/10013259712
Given the far-reaching implications of commodity prices for developing countries an understanding of the factors behind recent commodity price developments is crucial. ÖFSE research shows that besides structural changes in fundamental supply and demand conditions, the increasing presence of...
Persistent link: https://www.econbiz.de/10010377393
Der Kronberger Kreis, wissenschaftlicher Beirat der Stiftung Marktwirtschaft, fordert einen energiepolitischen Neustart in Deutschland. Bei Fortführung des Status quo drohen ansonsten die drei energiepolitischen Oberziele - Umwelt- und Klimaschutz, Versorgungssicherheit sowie Kosteneffizienz -...
Persistent link: https://www.econbiz.de/10010378234
Persistent link: https://www.econbiz.de/10012490784
Innovativen Wachstumsunternehmen steht mit dem Crowdinvesting in Deutschland seit 2011 eine neuartige Finanzierungsmethode zur Verfügung. Hierbei versuchen die meist jungen Unternehmen durch einen gezielten öffentlichen Aufruf eine breite Masse privater Investoren anzusprechen. Basierend auf...
Persistent link: https://www.econbiz.de/10011382967
Die Studie analysiert die Wohlstandseffekte des Gründungsgeschehens anhand der Daten des Umsatzsteuerpanels. Mittels einer Kohortenanalyse werden die Bestandsfestigkeit von Gründungen, der Umsatz, die Vorleistungsbezüge und Wertschöpfung sowie die Beschäfti-gung untersucht. Viele...
Persistent link: https://www.econbiz.de/10010327554