G2TT
来源类型Discussion paper
规范类型论文
来源IDDP878
DP878 The Economics of Bankruptcy and the Transition to a Market Economy
Konstantine Gatsios; István Abel
发表日期1993-12-31
出版年1993
语种英语
摘要This paper applies a modified version of the `income choice' model to explain variations in new-firm formation across Italian provinces over the period 1985-8. Based on a panel data of start-up activity in 78 Italian provinces and using two different databases, we find support for the overall theory of income choice where individuals choose between earning wages from an incumbent enterprise or else profits from starting a new firm. In particular, the evidence suggests that labour market conditions such as wages and the relative impact of labour dislocation, profits and environmental factors such as the degree to which entrepreneurial networks already exist, shape the degree to which new firms are started.
关键词Entry Income choice New firms Regional development Self-employment
URLhttps://cepr.org/publications/dp878
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530012
推荐引用方式
GB/T 7714
Konstantine Gatsios,István Abel. DP878 The Economics of Bankruptcy and the Transition to a Market Economy. 1993.
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