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Impact of Economic Development Incentives and Programs: A Review of the Literature
The report is a component of the Independent Economist Project in Louisiana, and analyzes the following: enterprise zones, economic development awards program, quality jobs, small business loan program, BIDCO, CAPCO, and tax exemptions for inactive oil and gas wells.
Regional Economic Integration and the Location of Multinational Enterprises
A theoretical model of international location choice is analyzed in a context of regional economic integration in which, consistently with the most recent evidence, countries conclude multilateral free trade agreements. Controlling for individual country and industry characteristics, it is found that in such a setup both vertical and horizontal multinational firms benefit from positive profit opportunities, with the interested region experiencing a parallel evolution of trade and FDI flows.
Firm Survival in the German Automobile Industry
The authors apply methods of duration analysis to investigate determinants of firm survival in the German automobile industry during 1886-1939. Results show that the forces that shape the survival pattern of firms over the life cycle are quite similar in both countries, i.e. early entry in the life cycle and prior experience are associated with lower risk of exit.
Ideas For Growth?
The paper provides a brief review of the economic literature on how skills, knowledge, and ideas might contribute to higher output or higher rates of growth. The author concludes with some comments on what policy makers can draw from the literature.
Insolvency and Economic Development: Regional Variation and Adjustment
The paper examines the determinants of the rate of forced insolvency in New Zealand. The authors show that interactions between economic activity, leverage and property price shocks provide a rich understanding of how region-specific shocks can compound into significant localised economic cycles.
Knowledge Economics and Underlying Weaknesses in Premises Governing Local Policies on Technology
The paper seeks to question the present basis of public policies driving the technological field at the local level. The authors show, on the basis of examples, that identifying the knowledge premises behind local technological policies will require fresh research, most certainly in a more institutional direction.
High-growth Micro Enterprises: Managing the Risk Aspects of Enterprise Growth
The paper is divided into 4 main sections and a conclusion: section (1) considers the
definitions of Micro and Small Enterprises (MSEs) across the European Union, U.S. and Russia; section (2) considers the role of MSEs in mature market economies and compares with the
Russian Federation; section (3) focuses on the value creation mechanisms for growth
and the challenges faced by MSEs, while section (4) deals with conclusions and recommendations for policy implications.
High-growth Micro Enterprises: Managing the Risk Aspects of Enterprise Growth
The paper is divided into 4 main sections and a conclusion: section (1) considers the
definitions of Micro and Small Enterprises (MSEs) across the European Union, U.S. and Russia; section (2) considers the role of MSEs in mature market economies and compares with the
Russian Federation; section (3) focuses on the value creation mechanisms for growth
and the challenges faced by MSEs, while section (4) deals with conclusions and recommendations for policy implications.
Why the New Economy is a Learning Economy
The paper shows that the intense focus on the new economy reflected real change as well as hype. The basic reason why new economy-growth could not be seen as sustainable, according to the author, is that introducing advanced technologies can only take place successfully when it is accompanied by organizational change and competence-building among employees.
High-growth Micro Enterprises: Managing the Risk Aspects of Enterprise Growth
The paper is divided into 4 main sections and a conclusion: section (1) considers the
definitions of Micro and Small Enterprises (MSEs) across the European Union, U.S. and Russia; section (2) considers the role of MSEs in mature market economies and compares with the
Russian Federation; section (3) focuses on the value creation mechanisms for growth
and the challenges faced by MSEs, while section (4) deals with conclusions and recommendations for policy implications.