MARC Record from Library of Congress

LEADER: 02298cam a22003377a 4500
001 2005617451
003 DLC
005 20050428151702.0
007 cr |||||||||||
008 050419s2004 gw sb 000 0 eng
010 $a 2005617451
040 $aDLC$cDLC
043 $ae-rm---
050 00 $aHD5701
100 1 $aBrown, J. David.
245 10 $aWhat makes small firms grow?$h[electronic resource] :$bfinance, human capital, technical assistance, and the business environment in Romania /$cby J. David Brown, John S. Earle, Dana Lup.
260 $aBonn, Germany :$bIZA,$c[2004]
490 1 $aDiscussion paper ;$vno. 1343
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 4/19/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Although the development of a new private sector is generally considered crucial to economic transition, there has been rather little empirical research on the determinants of startup firm growth. This paper uses panel data techniques to analyze a survey of 297 new small enterprises in Romania containing detailed information from the startup date through 2001. We find strong evidence that access to external credit increases the growth of both employment and sales. Taxes appear to constrain growth. The data suggest that entrepreneurial skills have little independent effect on growth, once demand conditions are taken into account. The evidence for the effectiveness of technical assistance is weak: only assistance provided by foreign partners yields a positive effect. A wide variety of alternative measures of the business environment (contract enforcement, property rights, and corruption) are tested, but none are found to have any clear association with firm growth"--Forschungsinstitut zur Zukunft der Arbeit web site.
650 0 $aNew business enterprises$zRomania.
650 0 $aEntrepreneurship$zRomania.
650 0 $aSmall business$zRomania.
700 1 $aEarle, John S.
700 1 $aLup, Dana.
830 0 $aDiscussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;$vno. 1343
856 40 $uhttp://www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=1343