scholarly journals High-Growth Aspirations of Entrepreneurs in Latin America: Do Alliances Matter?

2020 ◽  
Vol 12 (7) ◽  
pp. 2867
Author(s):  
Raquel Puente Castro ◽  
Jose U. Mora Mora ◽  
Fernando Pereira Laverde

This study considers how the formation and implementation strategies of a Latin America alliance between four of the best economic performance countries in the region have impacted the quality of entrepreneurship in these countries. To this end, we studied the Pacific Alliance (PA) and employed an ordered probit model with sample selection bias and statistical information from the Global Entrepreneurship Monitor (GEM) database for the 2012–2017 period. As a dependent variable, we used the growth aspiration of entrepreneurs as a proxy to measure the future growth of the company, from which a possible economic impact could be inferred. The evidence shows that during the implementation period of the PA, there is a positive impact on entrepreneur growth aspirations in member countries; the likelihood that entrepreneurs have high-growth aspirations is found to be greater during and after the implementation period than before the signing of the PA. Likewise, it was found that motivation, gender, education, skills, innovation (as perceived by the entrepreneur), export level, two pillars of the global competitiveness index (GCI), and the gross domestic product (GDP) growth rate explain the growth aspirations of entrepreneurs in the member countries during the period under study.

2020 ◽  
Vol 21 (2) ◽  
pp. 521-542
Author(s):  
Samuel Faria ◽  
João Rebelo ◽  
Sofia Gouveia

Export activities have become crucial to firms’ competitiveness, with determinants of export performance being a challenging field of research, since there is no consensus regarding the explained and explanatory variables or on the econometric methods to be used. Using a panel data of Portuguese wine firms, this paper aims to contribute to this debate, combining both resource- and institutional-based views of the firm. This paper tries to overcome the methodological hurdle, addressing sample selection issues and considering the fractional response nature of export performance. Given the pros and cons of each econometric approach, the Heckman selection model, the fractional probit model and the two-part fractional response model are estimated, and the results compared. From a public policy perspective, the results show that policies that promote wine firm size, labor productivity and wine promotion in third countries have a positive impact on export performance at firm-level. Age does not appear as a key factor on the internationalization of Portuguese wine firms


Author(s):  
João Lopes ◽  
Márcio Oliveira ◽  
Paulo Silveira ◽  
Luís Farinha ◽  
José Oliveira

This research aims to identify which factors best explain business dynamics and innovation capacity in the continents of Africa, Asia, Europe, Latin America and the Caribbean, and North America. To achieve this, data from the Global Entrepreneurship Monitor and the Global Competitiveness Report is used. The linear regression method is utilized with the stepwise procedure for data analysis. It is possible to ascertain that, with a view to increasing innovation capacity in the African continent, business leaders and managers should be acquainted with innovation studies to better understand technological advances. In relation to Asia, the detected models of business dynamism and capacity for innovation are positive. On the European continent, the results show that RIS3 has a positive impact on the capacity for innovation. In Latin America and the Caribbean, it seems that business dynamism and the capacity for innovation are negative and regional development policies should be more flexible. In North America, it appears that business dynamism and the capacity for innovation are negative. The research contributes with measures that can be applied by organizations and policymakers to these five continents to improve the performance of business dynamism and the capacity for innovation in their territories. The resulting data give originality to the research as well as important contributions, not only to the theory, but also to the entities (organizations and governments) acting in the field who can implement new policies, such as tax incentives to companies for the first purchase of high-tech equipment, products, or products with intellectual property rights developed by national companies and provide support policies directed to companies that purchase high-tech domestic equipment.


2021 ◽  
Vol 13 (7) ◽  
pp. 3960
Author(s):  
Meng-Meng Geng ◽  
Ling-Yun He

It is a problem worth thinking about whether the government’s environmental regulation policies can meet the residents’ requirements for environmental quality, and benefit the people. The study of the public’s subjective evaluation can more intuitively judge whether the government’s environmental regulation has realized “ecological benefits for the people”. Based on the data of the Chinese General Social Survey (CGSS) in 2013, this paper studied the impact of environmental regulation and environmental awareness on environmental governance satisfaction by an ordered probit model. The study found that environmental regulation has a significant positive impact on environmental governance satisfaction, while environmental awareness has a significant negative impact on environmental governance satisfaction. We also found that when public environmental awareness is taken into account, the positive relationship between environmental regulation and environmental governance satisfaction is affected. The robustness test proved this conclusion.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Abraham Gyamfi Ababio ◽  
Arthur Gnonsio Mangueye

Purpose Improving tax compliance would drive the needed development in Ghana. Small and medium scale enterprises (SME) constitute a sizable proportion of the Ghanaian economy but its contribution to tax revenue is below expectation. This study aims to determine whether SME's perception of state legitimacy affects tax compliance. Design/methodology/approach A structured questionnaire was administered to 200 SMEs randomly drawn from Dodowa in the Shai-Osudoku District of Greater Accra Region. Descriptive statistics and the Probit model with sample selection were used to analyse the data. Findings The study found that SME's perception of government legitimacy exerts a significant negative effect on reducing profit to avoid tax liability (ß = −0.0305, p < 0.05). Other factors such as education and fear of fines and penalties were also found to reduce the likelihood that the firm would reduce profit to avoid high tax liability. Still, tax knowledge had a positive effect on this behaviour. Practical implications This study would help deepen policymakers' knowledge of how to improve tax compliance among SMEs in Ghana. Originality/value The originality of this work is that it explicitly models the role of fiscal exchange theory in explaining tax compliance among SMEs in Ghana by using robust methodology.


1988 ◽  
Vol 27 (11) ◽  
pp. 1269-1275 ◽  
Author(s):  
Ingrid Waldron ◽  
Gary Bratelli ◽  
Laura Carriker ◽  
Wei-Chin Sung ◽  
Christine Vogeli ◽  
...  

Author(s):  
Thanawat Chalkual ◽  
Jeanne Peng ◽  
Shijia Liang ◽  
Yao Ju

This paper aims to examine the relationship between trade policies and economic growth. In order to test whether restrictive trade policies have a positive impact on economic growth, we investigate America, Australia and China, and, analyse how their economic performance varies between a free trade environment and a relatively protective trade environment. In this paper, we focus on comparative advantage and use various data such as tariff rate, GDP growth rate, unemployment rate, etc. to test the influence of trade policies on economic growth.We find some support that less restrictive trade policy leads to better economic growth; however overall tariff rates do not seem to have a strong effect on economic growth rates


2013 ◽  
Vol 18 (Special Edition) ◽  
pp. 271-282 ◽  
Author(s):  
Hadia Majid

This paper examines the effects of increased connectivity in rural areas on child health outcomes. In particular, it studies whether improved access to markets for rural areas through an upgraded road network and greater openness, as measured by village electrification status, has had a positive impact on child health outcomes and awareness of health practices such as immunization and prenatal care. Using a 16-year panel dataset from rural Pakistan, we estimate two iterations of a probit model, where one examines the probability of child i being vaccinated and the second estimates the incidence of use of prenatal care. The results support the hypothesis that greater connectivity, as measured by road connectivity and electrification, improves health outcomes by increasing the likelihood of immunization and uptake of prenatal care.


Agriculture ◽  
2021 ◽  
Vol 11 (11) ◽  
pp. 1075
Author(s):  
Yanqi Xie ◽  
Apurbo Sarkar ◽  
Md. Shakhawat Hossain ◽  
Ahmed Khairul Hasan ◽  
Xianli Xia

The COVID-19 pandemic has adversely impacted the agricultural supply chain, export of agricultural products, and overall food security. However, minimal exploration has been attempted of farmers’ confidence in agricultural production recovery after the COVID-19 pandemic. Therefore, this study intends to explore the determinants of farmers’ confidence in agricultural production recovery in China during the early stages of the COVID-19 pandemic. More specifically, we analyzed the relationship between risk expectation and social support on the farmers’ confidence in agricultural production recovery by using the ordered probit model. Cross-sectional survey data were collected from February to March 2020 from 458 farm households in the 7 provinces of China to produce the findings. We found that the risk expectation of farmers had a significant negative impact on farmers’ confidence in agricultural production recovery. Social support seemingly had a significant positive impact on the farmers’ confidence in agricultural production recovery, and could play a supportive role in moderating the relationship between risk expectation and farmers’ confidence in recovery. However, social support alleviates the adverse effect of risk expectation on farmers’ confidence in agricultural production recovery to a certain extent. In addition, there were intergenerational differences in the effects of risk expectation and social support on farmers’ confidence in agricultural production recovery. These results imply that policies establishing the risk early warning mechanisms for agricultural production and strengthening the social support from governments and financial institutions are likely to significantly impact agricultural development in the post-COVID-19 era. The formal and informal risk minimization mechanisms should extend their support to vulnerable sectors such as agribusiness.


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