Within the institutional theory of North (1990, 2005), the objective of this study is to analyse the impact of economic and institutional factors, formal and informal, in the entrepreneurial activity of nations, particularly in Total Entrepreneurial Activity (TEA). In order to evaluate the...

Several sales models for a consumer's goods manufacturer firm are developed and tested. A panel data approach is used to model aggregate sales across three countries, using mainly price and trade investment. We show how useful can be different panel data models to understand sales across...