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Shiva's dance: crisis, local institutions and private firms

dc.contributor.advisorTavares, José
dc.contributor.authorSantos, João Ricardo Dias Ramos Pereira dos
dc.date.accessioned2015-06-09T10:42:32Z
dc.date.available2015-06-09T10:42:32Z
dc.date.issued2015-01
dc.description.abstractThe uneven spatial distribution of start-ups and their respective survival may reflect comparative advantages resulting from the local institutional background. For the first time, we explore this idea using Data Envelopment Analysis (DEA) to assess the relative efficiency of Portuguese municipalities in this specific context. We depart from the related literature where expenditure is perceived as a desirable input by choosing a measure of fiscal responsibility and infrastructural variables in the first stage. Comparing results for 2006 and 2010, we find that mean performance decreased substantially 1) with the effects of the Global Financial Crisis, 2) as municipal population increases and 3) as financial independence decreases. A second stage is then performed employing a double-bootstrap procedure to evaluate how the regional context outside the control of local authorities (e.g. demographic characteristics and political preferences) impacts on efficiency.por
dc.description.sponsorshipNSBE - UNLpor
dc.identifier.tid201475855
dc.identifier.urihttp://hdl.handle.net/10362/15105
dc.language.isoengpor
dc.subjectEntrepreneurshippor
dc.subjectPolitical economypor
dc.subjectPublic financepor
dc.subjectEfficiencypor
dc.subjectPortuguese municipalitiespor
dc.subjectAccountabilitypor
dc.titleShiva's dance: crisis, local institutions and private firmspor
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typemasterThesispor
thesis.degree.disciplineEconomicspor
thesis.degree.levelMasterspor
thesis.degree.nameA Work Project presented as part of the requirements for the Award of a Master Degree in Economics from the NOVA – School of Business and Economicspor

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