Showing 91 - 100 of 291
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry of...
Persistent link: https://www.econbiz.de/10013477221
How should industrial policies be directed to reduce distortions and foster economic development? We study this question in a multi-sector model with technology adoption, where the production of goods and modern technologies features rich network structures. We provide simple formulas for the...
Persistent link: https://www.econbiz.de/10014512084
We examine the long transition from water to steam power in US manufacturing, focusing on early users of mechanical power: lumber and flour mills. Digitizing Census of Manufactures manuscripts for 1850 to 1880, we show that as steam costs declined, manufacturing activity grew faster in counties...
Persistent link: https://www.econbiz.de/10014528423
We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of … high-skilled SOE employees were reluctantly unleashed into entrepreneurship. We also provide corroborating evidence for …
Persistent link: https://www.econbiz.de/10014372457
Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries … the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on … global venture activities, we show that as the Chinese venture industry rose in importance, entrepreneurship increased …
Persistent link: https://www.econbiz.de/10014512047
an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …
Persistent link: https://www.econbiz.de/10012470760
In this paper, we argue that costly external financing for entrepreneurial investments (coupled with potentially high returns on those investments) has important implications for the saving, investment, and entry decisions of continuing and potential entrepreneurs. These effects are similar in...
Persistent link: https://www.econbiz.de/10012470843
The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …
Persistent link: https://www.econbiz.de/10012471152
Ethnic Chinese networks, as proxied by the product of ethnic Chinese population shares, are found in 1980 and 1990 to have increased bilateral trade both within Southeast Asia and for other country pairs. Their effects within Southeast Asia are much greater for differentiated than for...
Persistent link: https://www.econbiz.de/10012471599
Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We derive conditions under which completely...
Persistent link: https://www.econbiz.de/10012472003