Social capital is defined as the shared knowledge, trust, and culture, embodied in the structural forms of networks and other stable inter-agent relationships. Social capital has been shown to be more difficult to build than economic capital, and to have greater beneficial effects for community...

We compute aggregate productivity of three categories of regions, classified by level of urbanization in the Netherlands, from firm-specific total factor productivity (TFP) measures. TFP measures are estimated by a semi-parametric algorithm, within 2-digit industries, covering agriculture,...

Der Transformationsprozess Russlands von einer zentralstaatlich geplanten Volkswirtschaft hin zu einer Marktwirtschaft nach westlichem Vorbild liefert eine aufschlussreiche Fallstudie über die von William Baumol (1990) vertretene These der institutionellen Steuerbarkeit von produktivem...

The aim of this paper is to empirically analyse the effects of governmentally promoted credit access on the investment behaviour of credit rationed farmers. This is done by specifying an empirical investment equation which is estimated on a cross-sectional sample of Polish farm household data....