Oligarchic land ownership, entrepreneurship, and economic development
نویسندگان
چکیده
منابع مشابه
Oligarchic Land Ownership, Entrepreneurship, and Economic Development
This paper develops a theory in which oligarchic ownership of land or other natural resources impedes entrepreneurship in the manufacturing sector and thereby retards structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor market, higher ownership concentration is harmful for start-ups by landless, credit-constrained households, whos...
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This article discusses the relationship between economic development and one aspect of property rights, a statute of limitations defining time limits on ownership claims. The analysis centers on property rights in land. This article argues that the available development opportunities shape the time limits on ownership claims that maximize property values, which in turn creates an inherent under...
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Policymakers have identified the relationship between entrepreneurship and economic development. Yet little is known about how this relationship varies over time in cities with different market size. This study examines the link between new firm start-ups and economic development using a panel of 127 European cities between 1994 and 2009. We found that the immediate economic development impact ...
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This paper is a reflection of the author’s views on recent research developments at the interface of entrepreneurship and regional economic development and growth. The paper begins with an overview of the recent rise of interest in entrepreneurship in general and, in particular, with respect to its influence on regional economic growth and development. Following an introduction the formation an...
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Knowledge spillover refers to the diffusion or sharing of knowledge from where it is created or from one to another agent in society. It is in this way that it becomes useful beyond the sequestered knowledge of an individual agent and thus acquires societal value. There are many factors that constrain or hinder the flow of knowledge and the sum total of these factors is referred to by some as t...
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ژورنال
عنوان ژورنال: Journal of Development Economics
سال: 2013
ISSN: 0304-3878
DOI: 10.1016/j.jdeveco.2012.11.003