Shadow Economy and Entrepreneurial Entry

Shadow Economy and Entrepreneurial Entry PDF Author: Tomasz Mickiewicz
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The impact of the shadow economy on entrepreneurial entry across countries is analyzed utilising 1998-2005 individual-level Global Entrepreneurship Monitor data and national macro-economic variables. A simple correlation coefficient suggests a positive relationship between the size of the shadow economy and the likelihood of entrepreneurial entry. However, this masks more complex relationships, if, as argued, the shadow economy is an embedded social phenomenon. With appropriate controls and instrumenting for potential endogeneity, the impact of the shadow economy on entry in a linear specification is found to be negative. Further, there is evidence of a U-shaped relationship: entrepreneurial entry is least likely when the shadow economy amounts to about a quarter of gross domestic product (GDP). At the individual level, an extensive shadow economy has a more negative impact on respondents who are risk averse. In addition, in the economies where property rights are stronger, the negative impact of the shadow economy is weaker.

Shadow Economy and Entrepreneurial Entry

Shadow Economy and Entrepreneurial Entry PDF Author: Tomasz Mickiewicz
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The impact of the shadow economy on entrepreneurial entry across countries is analyzed utilising 1998-2005 individual-level Global Entrepreneurship Monitor data and national macro-economic variables. A simple correlation coefficient suggests a positive relationship between the size of the shadow economy and the likelihood of entrepreneurial entry. However, this masks more complex relationships, if, as argued, the shadow economy is an embedded social phenomenon. With appropriate controls and instrumenting for potential endogeneity, the impact of the shadow economy on entry in a linear specification is found to be negative. Further, there is evidence of a U-shaped relationship: entrepreneurial entry is least likely when the shadow economy amounts to about a quarter of gross domestic product (GDP). At the individual level, an extensive shadow economy has a more negative impact on respondents who are risk averse. In addition, in the economies where property rights are stronger, the negative impact of the shadow economy is weaker.

Shadow economy and entrepreneurial entry

Shadow economy and entrepreneurial entry PDF Author: Saul Estrin
Publisher:
ISBN:
Category :
Languages : de
Pages :

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Book Description


Entrepreneurship and the Shadow Economy

Entrepreneurship and the Shadow Economy PDF Author: Arnis Sauka
Publisher: Edward Elgar Publishing
ISBN: 1784719889
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
The shadow economy has become the focus of policy makers around the world. This timely book explores the relationship between entrepreneurship and the shadow economy, by reviewing how to measure, explain and tackle this hidden enterprise culture. The editors bring together leading authorities in the field to examine existing methods to measure shadow economy, explore entrepreneurship and shadow economy practices in various contexts, and provide policy suggestions for decreasing the shadow economy. It concludes by encouraging further research in this ever-growing field. Students and scholars in the field of entrepreneurship and the shadow economy will find this book to be of use to their work. It will also be of use to those in disciplines, such as sociology, economics and global studies, as well as practitioners in the field of public policy. Contributors:Y. Abdih, J.E. Amoros, A. Chepurenko, J.P. Couyoumdjian, O. Cristi, E. Denisova-Schmidt, I.A Horodnic, L. Medina, M. Minniti, Y. Prytula, T.J. Putnins, A. Sauka, F. Schneider, M. Virtanen, C.C. Williams, J. Windebank

A Multi-Level Empirical Study of Ethnic Diversity and Shadow Economy as Moderators of Opportunity Recognition and Entrepreneurial Entry in Transition Economies

A Multi-Level Empirical Study of Ethnic Diversity and Shadow Economy as Moderators of Opportunity Recognition and Entrepreneurial Entry in Transition Economies PDF Author: Saurav Pathak
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Our multilevel model about the relationship between opportunity recognition and entrepreneurial entry in transition economies suggests that ethnic fractionalization along with the size of the shadow economy are moderators. Whereas ethnic diversity increases entrepreneurial entries, a large informal sector appears to decrease them. Interestingly, we also find that opportunity recognition may be a more important predictor of entry when diversity is low and when the shadow economy is small. Thus, our study contributes to the literature examining contextual factors on entrepreneurial entry and performance. Succinctly, ethnic diversity can substitute for opportunity recognition, whereas the informal economy increases its importance. Consequently, it appears that ethnic heterogeneity in transition economies may be a valuable driver of entrepreneurial entry even in the absence of opportunity recognition, whereas the size of the informal economy makes opportunity recognition dearer.

The Shadow Economy

The Shadow Economy PDF Author: Friedrich Schneider
Publisher: Cambridge University Press
ISBN: 1107034841
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.

Formalizing the Shadow Economy in Serbia

Formalizing the Shadow Economy in Serbia PDF Author: Gorana Krstić
Publisher: Springer
ISBN: 331913437X
Category : Political Science
Languages : en
Pages : 182

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Book Description
The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth; it explores these issues with special reference to Serbia. The size and development of the shadow economy in Serbia and other Central and Eastern European countries are estimated using two different methods (the MIMIC method and household-tax-compliance method). Micro-estimates are based on a special survey of business entities in Serbia, which for the first time allows us to explore the shadow economy from the perspective of enterprises and entrepreneurs. The authors identify the types of shadow economy at work in business entities, the determinants of shadow economy participation, and the impact of competition from the informal sector on businesses. Readers will learn both about the potential fiscal effects of reducing the shadow economy to the levels observed in more developed countries and the effects that formalization of the shadow economy can have on economic growth.

Institutions, Entrepreneurship, and Economic Performance

Institutions, Entrepreneurship, and Economic Performance PDF Author: David Urbano
Publisher: Springer
ISBN: 3030133737
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
Using institutional economics as a theoretical framework, this book analyzes institutional environment conducive to entrepreneurial activity in order to enhance economic performance across countries. In particular, the main contributions of this book to the entrepreneurship literature are the following: • Identify past and current research about the institutional context shaping entrepreneurial activity and its effect on economic growth • Examine social progress orientation as those institutional factors that are shaping innovative entrepreneurial activity • Explore the effect of different types of entrepreneurial activities on economic growth • Examine how social progress orientation through opportunity-driven entrepreneurship affects economic development • Analyze the interrelationships between institutions, entrepreneurial activity and economic development across countries • Study how the country's institutional context influences the way in which entrepreneurial activity affects social progress Two sides of the same coin might be observed when analyzing policy aspects of those institutions affecting entrepreneurial activity. On the one hand, effective public policy to promote entrepreneurship is predicated on understanding the underlying forces as well as the consequences and impacts of entrepreneurship. On the other hand, different endeavors to promote entrepreneurial activity might have deleterious economic effects since they could actually reduce employment in the long-term. Thus, it is crucial to understand the institutional environment in which entrepreneurs are interacting and making decisions. The comprehension of these phenomena serves to move forward the theoretical, practical and policy debate on entrepreneurship as a mechanism to achieve higher economic performance.

The Economics of Entrepreneurship

The Economics of Entrepreneurship PDF Author: Simon C. Parker
Publisher: Cambridge University Press
ISBN: 1316767248
Category : Business & Economics
Languages : en
Pages : 920

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Book Description
This second edition of The Economics of Entrepreneurship is an essential resource for scholars following the current state of this fast-moving field, covering a broad range of topics in unparalleled depth. Designed to be used both as a textbook for specialist degree courses on the economics of entrepreneurship, and as a reference text for academic research in the field, the book draws on theoretical insights and recent empirical findings to show how economics can contribute to our understanding of entrepreneurship. New topics, such as crowdfunding, entrepreneurship education and microenterprise field experiments, appear for the first time, while existing treatments of topics like regional entrepreneurship, innovation and public policy are considerably deepened. Parker also discusses new empirical methods, including quasi-experimental methods and field experiments. Every section - indeed every page - of the new edition has been updated, resulting in a rigorous scientific account of entrepreneurship today.

Issues in Regional Economics: 2013 Edition

Issues in Regional Economics: 2013 Edition PDF Author:
Publisher: ScholarlyEditions
ISBN: 1490110674
Category : Business & Economics
Languages : en
Pages : 476

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Book Description
Issues in Regional Economics / 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Japanese Economy. The editors have built Issues in Regional Economics: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Japanese Economy in this book to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Regional Economics: 2013 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.

Subsistence Entrepreneurship

Subsistence Entrepreneurship PDF Author: Vanessa Ratten
Publisher: Springer
ISBN: 3030115429
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
This book focuses on the role of subsistence entrepreneurs in creating social and sustainable business opportunities on the global marketplace. Subsistence entrepreneurs use scarce resources to create new business opportunities, often in developing or emerging economies. In addition, subsistence entrepreneurship is increasingly being used as a way to facilitate market entry for small and medium-sized business enterprises that focus on collaborative innovation. The interdisciplinary contributions gathered here will expand readers’ understanding of the nature and characteristics of subsistence entrepreneurs, as well as the challenges they face. The central connection between subsistence, sustainability and social entrepreneurship is also explored.