Showing 1 - 10 of 105
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and … decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … waiting time, and slows their growth by around 10 percent, leading to a 10 percent reduction in franchised chain employment. …
Persistent link: https://www.econbiz.de/10010877784
We investigate the relationship between unemployment and growth in China. We find considerable differences in the …
Persistent link: https://www.econbiz.de/10010877790
This paper examines empirically the interaction between immigration and host country economic conditions. We employ panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...
Persistent link: https://www.econbiz.de/10010877796
A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy … provides the limit to growth. Maximin value is interpreted as a dynamic environmental-economic carrying capacity and current …
Persistent link: https://www.econbiz.de/10010877894
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no “one way” recommendation about energy-growth relationship that …
Persistent link: https://www.econbiz.de/10010877974
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …
Persistent link: https://www.econbiz.de/10011277182
economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …
Persistent link: https://www.econbiz.de/10009645638
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …
Persistent link: https://www.econbiz.de/10009645643
hypothesis. Thus, our findings suggest that not all MENA countries need to sacrifice economic growth to decrease their emission … growth. …
Persistent link: https://www.econbiz.de/10009645652
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10010556461