In this paper, we modify the Harris-Todaro model of migration to incorporate the impact of human capital, housing stock and the availability of publicly provided goods like health care and road provision in order to analyse the determinants of migration in different regions of Poland. We apply the Seemingly Unrelated Regression Equation [SURE] model to investigate the data. Our results show that GDP per capita, unemployment and distance have a strong effect on regional migration in this country. Human capital is also an important explanatory factor as is the provision of key publicly provided facilities such as roads. The lack of housing in Poland is important in explaining the low levels of internal migration. JEL Classification: F 22, O15, J61.
Spanish internal migration has long been resistant to traditional economic explanations.However this paper examines the data from 1999-2006 after considerable changes in the Spanish economy. Moreover it examines migration at the disaggregated level of Spanish provinces rather than regions, the usual unit of measurement. Using a spatial error model as well as a spatial autoregression model it finds the differentials in wages and unemployment between provinces to be significant explanatory variables. Housing prices are also important in accounting for the dynamics of internal migration.
Examines the Venezuelan economic crisis and the role and current situation of small businesses in its economy and looks at national policy towards this sector. By way of contrast, describes small-and medium-size enterprises (SMEs) in the European Union and reflects on how European SME policy can be of interest to a developing country such as Venezuela.
The Venezuelan economic crisisThe source of Venezuela's growth since the 1970s has been its immense oil wealth. The economy has been built on this. However, it is also the source of its problems and the long gestation of the economic crisis lies in the strategies built on this easy influx of foreign exchange. With the fall in oil prices in the 1980s the shaky superstructure of state intervention, populism and corruption began to show its cracks, and awareness has grown in the country that the real problems lie in the foundations of this edifice. It seems increasingly difficult to patch up the economy.The growth in the early 1990s was facilitated by the rise in oil prices resulting from the invasion of Kuwait. The income from privatization also stimulated the economy. However, the economic crisis sharpened in 1994 with increased contraction in output. Table I [1] shows severe fluctuations in GDP -1994 saw the biggest decline in GDP since 1989.
This paper demonstrates that Spanish inter-regional migration, for many years unresponsive to traditional explanatory variables, is now explicable in terms of such variables. These include gaps in real wages, unemployment and distance. In the middle of the 1990s there arose an increased responsiveness of regional migration to such explanatory variables. JEL Classification: R23, O15, J61.
This paper investigates the determinants of Polish small firm's intentions to expand production in the context of possible economic expansion on accession to the EU. Using a non-linear specification a model is developed using twenty-seven explanatory variables derived from a questionnaire given to Polish small firms in late 1999 asking about their motivations in expanding production. Seven of these variables are found to be
The European Commission has developed a formal enterprise policy with respect to SMEs. It acknowledges that the SMEs play a vital role in the Community's economy employing two thirds of its workforce and having significant cost advantages in some areas as well as having characteristics of flexibility and innovation. It proposes specific policies to help them. However the UK SME sector is also severely affected by high exit rates and instability. It is also, by all available evidence, unprepared for the single market adopting a wait and see attitude. Despite the attention given to this sector by the Commission and the UK government this paper suggests that a strategic rethink of the SME sector is required with a more active intervention policy being adopted.
Employing a probit, logit and gompit model this paper demonstrates that small firm development, represented by a group of structural, behavioral and performance variables determines regional location in Poland. The paper uses original data that samples the small firm stratum in two contrasting regions, Pomorskie and Lubelskie. The following variables were shown to be significantly correlated with regional location: legal structure, subcontracting, technological level of the products of the firm, average wage and intention to expand turnover.JEL classification: C22, C52, L00, P27
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