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The relationship between venture capital and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists...
Persistent link: https://www.econbiz.de/10011782639
Following an unparalleled rise in uncertainty over the Great Recession, the US economy has been experiencing anaemic productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly, using micro level data I show that uncertainty...
Persistent link: https://www.econbiz.de/10012243292
golden opportunity to change the face of UP's agriculture and thus the fate of millions that depend on it. UP with a … engaged in agriculture; average holding size was just 0.76 ha with 92 percent of holdings being small and marginal; and 29 …
Persistent link: https://www.econbiz.de/10011628414
. Agriculture growth was around 4.7 per cent, which was above the national average of 3.6 per cent and in the latest five years, its … performance was even more commendable, with an average annual growth rate of 7.1 per cent. However, agriculture productivity of … in yield augmenting inputs such as fertilisers, certified seeds, tube wells and farm machines. Bihar's agriculture has …
Persistent link: https://www.econbiz.de/10011628419
agriculture. During the five years from 2010-11 to 2014-15, the contribution of agriculture to the state GDP recorded an annual … average growth of a mere 0.9 per cent. This paper studies the composition, sources and potential drivers of agriculture growth …
Persistent link: https://www.econbiz.de/10011628421
that mining and agriculture have a similar though smaller effect. Our results also suggest that both formality and public …
Persistent link: https://www.econbiz.de/10012599748
This paper presents the impact evaluation of CRIAR program, implemented in rural areas in Bolivia. The objective of CRIAR is to increase smallholders' agricultural income and food security through productivity improvements triggered by technological adoption. In this study, we use data from a...
Persistent link: https://www.econbiz.de/10011290073
Innovative startups are frequently acquired by large incumbent firms. On the one hand, these acquisitions provide an incentive for startup creation and may transfer ideas to more efficient users. On the other hand, incumbents might acquire startups just to "kill" their ideas, and acquisitions...
Persistent link: https://www.econbiz.de/10013465631
The paper investigates socially optimal patterns of economic growth and environmental quality in a neoclassical growth model with endogenous technological progress. In the model, the environmental quality affects positively not only to utility but also to production. However, cleaner...
Persistent link: https://www.econbiz.de/10008840029
We develop a dynamic model to analyze the sources and the evolution of social participation and social capital in a growing economy characterized by exogenous technical progress. Starting from the assumption that the well-being of agents basically depends on material and relational goods, we...
Persistent link: https://www.econbiz.de/10008735727