This research aims to identify which factors best explain business dynamics and innovation capacity in the continents of Africa, Asia, Europe, Latin America Caribbean, North America. To achieve this, data from Global Entrepreneurship Monitor Competitiveness Report is used. The linear regression method utilized with stepwise procedure for analysis. It possible ascertain that, a view increasing A...

We propose a general equilibrium economy with oligopolistic output markets in which two channels can cause change market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) structure, number potential competitors. First, we disentangle these narratives by matching time-series on markups, labor reallocation costs between 1980 2016, finding that both are necessar...

Past studies on the effects of environmental, social, and governance (ESG) scores firm performance have found mixed support. To further unpack these findings, we focus industry-level dynamism predictability ESG sales investor expectations prospects growth. Dynamism (predictability) is based standard error (R-squared) industry ratings regressed sales. Taking an investor’s perspective, a forward-...