Tennessee Economic and Community Development Play Book: 2005
The update to the 2003 edition includes more recent
activities and incorporates the focus of the department with the earlier philosophies and directives outlined in the first edition.
The update to the 2003 edition includes more recent
activities and incorporates the focus of the department with the earlier philosophies and directives outlined in the first edition.
This plan outlines Idaho Commerce & Labor’s mission and goals for promoting increased economic opportunity for all Idaho’s citizens. The ultimate goals are to create jobs, strengthen communities, and market the state.
This paper summarizes the theoretical arguments from evolutionary theory and ecological economics to put the trade-off between regional economic diversity and regional economic growth on stronger theoretical foundations. Hypotheses are tested using an empirical model that links regional economic diversity to stability and growth using data on 177 BEA areas of the continental United States during the period (1975-2002).
This paper aims to explore the effect of regional differences on the performance of software firms in the Netherlands. Inspired by evolutionary economics, the authors account for the impact of (1) co-location and sharing a local knowledge base; (2) pre-entry experience in the same or related industries; (3) being connected; and, (4) having organisational capabilities to cope with change.
The authors analyze the role of debt in corporate governance with respect to a large emerging economy, India, where debt has been an important source of external finance. The analyses indicates that while in the early years of institutional change, debt did not have any disciplinary effect on either standalone or group affiliated firms, the disciplinary effect appeared in the later years as institutions become more market oriented.
Both public and private banks must disclose financial information to regulators. The authors exploit this requirement to explore the going-public decision. Results indicate that banks that convert to public ownership are more likely to become targets than control banks that remain private.
The purpose of this study is to establish the financial characteristics of companies that have gone private using a dataset comprising of Polish companies. The results obtained are important both for investors wishing to identify entities characterized by a high likelihood of going private and for governmental authorities evaluating the methods and rationality of privatization mature state-owned enterprises.
The paper explains the commonalities and differences between neoclassical, institutional, and evolutionary approaches that have been influential in economic geography during the last couple of decades. The authors argue that Evolutionary Economic Geography is an emerging paradigm in economic geography, yet without isolating itself from development in other theoretical approaches.
Based on a new economic geography (NEG) model by Puga (1999), the authors use the equilibrium wage equation to estimate two key structural model parameters for the NUTS II EU regions. These estimations enable the authors to come up with an empirically grounded free-ness of trade parameter. In line with NEG theory, the estimation results show that a spatial wage structure exists for the EU regions.
In this paper the author presents simulations of economic performance of the Polish economy based on a quarterly econometric model. The model consists of 22 stochastic equations, which link the financial market with the real economy. The purpose of the research is to present effects of changes to domestic and foreign interest rates and the EUR/USD exchange rate on economic growth in Poland over the period Q2, 1993 - Q2, 2003.