This paper estimates the direct effects of investment tax credits on firms' production behavior and the additional indirect effects arising from agglomeration economies. Exploiting a change in tax credit rates by firm size in Germany, I find that manufacturing firms increase capital and...

This study examines the role of social and professional networks in the productivity of creative firms in Indonesia. In so doing, mixed methods are employed, including multilevel modelling as well as qualitative analysis, which is also performed to elaborate further on the process in which...

The present paper is part of unpublished book that analyzes the political, social and economic collapse of the Sudan. Economic, social and distributive disparities triggered a process for the disintegration of the nation under the pretext of imposing Islamic Sharia Laws. A pronounced prominent...

This paper explores the structural determinants of high-growth firm shares in Austrian regions. The regional level of analysis allows to uncover regularities which are not detectable in firm-level studies. We find that lower mobility barriers, firm exits and technological opportunities, measured...

Purpose – Schumpeter claimed the entrepreneur to be instrumental for creative destruction and industrial dynamics. Entrepreneurial entry serves to transform and revitalize industries, thereby enhancing their competitiveness. The purpose of this paper is to investigate if entry of new firms...

We interview 379 European bank CEOs to identify their banks' main competitors. We then provide evidence on the drivers of bilateral bank competition, construct a novel competition measure at the locality level, and assess how well it explains variation in firms' credit constraints. We find that...

This paper investigates the effects of the CAP payments on the indirectly generated non-farm jobs in small and medium-sized enterprises (SMEs), which are central to job creation. It examines whether there are differences in the effect according to business location - rural or urban, the...

Utilizing a data set of 399 Namibian commercial cattle farmers, we provide a detailed empirical analysis of farm management under highly variable rainfall. Particularly, we provide an econometric analysis of what personal characteristics of the farmer, environmental characteristics, and...

We study the economic implications of regional favoritism, a form of distributive politics that redistributes resources spatially within countries. We use a large sample of enterprise surveys spanning across many low and middle income countries, and utilize transitions of national political...

This paper investigates spatial dynamic panel data models with high order time-varying endogenous weights matrices. We consider the panel data when $n$ is large, and $T$ can be large, but small relative to $n$. In this case, the maximum likelihood estimation (ML) approach would be either...