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Publicações

Publicações por Aurora Teixeira

2012

CORRUPTION AND MULTINATIONAL COMPANIES' ENTRY MODES - DO LINGUISTIC AND HISTORICAL TIES MATTER?

Autores
Grande, M; Teixeira, AAC;

Publicação
SOUTH AFRICAN JOURNAL OF ECONOMIC AND MANAGEMENT SCIENCES

Abstract
The literature on FDI entry modes and corruption tends to convey the idea that corruption leads to a choice between low equity modes, i.e. joint ventures with local partners, and non-equity modes, namely exports and contracting, in order to avoid contact with corrupt state officials. Recently, some studies have argued that despite corruption, linguistic and historical ties between home and host countries lead MNCs to prefer high-equity modes. Focusing on a rather unexplored setting, the African countries, most specifically the Portuguese-speaking ones (PALOP - Paises Africanos de LIngua Oficial Portuguesa), which include countries where levels of corruption are very high (e.g., Guinea-Bissau and Angola), high (e. g., Mozambique, Sao Tome and Principe), and intermediate (e.g., Cape Verde), maintaining also close linguistic and historical ties with Portugal, we found that the FDI entry mode is associated with the less corrupt markets. Thus, our results do not support the recent contention that cultural and historical links are likely to perform a mediating role, by fostering foreign direct investment, in supporting African countries to overcome the dismal growth some have been facing in the last few decades. On the contrary, our findings highlight the pressing need for these countries to combat corruption if higher economic growth via FDI attraction is envisioned.

2024

Evolution, roots and influence of the rural entrepreneurship literature: a bibliometric account

Autores
Masoomi, E; Rezaei Moghaddam, K; Teixeira, AC;

Publicação
JOURNAL OF ENTERPRISING COMMUNITIES-PEOPLE AND PLACES IN THE GLOBAL ECONOMY

Abstract
Purpose This paper aims to investigate the evolution, roots and influence of the rural entrepreneurship literature.Design/methodology/approachUsing a bibliometric exercise, the analysis starts with investigation of studies on entrepreneurship and gathering all (772) articles on rural entrepreneurship (from 1981 to 2020) found in both Scopus and Web of Science up to 15 August 2020. Citation analysis of the references/citations of 755 articles are listed in the abstract database, generating a citation database involving 46,432 references/citations. This paper considers 635 (out of the 772) articles on rural entrepreneurship (i.e. articles cited in one or more studies), generating a database of 10,767 studies influenced by the rural entrepreneurship literature.Findings This study discovers that the relative importance of rural entrepreneurship within the entrepreneurship literature has increased in the last few years, but rural entrepreneurship remains a European concern; the most frequently addressed topics include growth and development, institutional frameworks and governance and rurality, with theory building being rather understudied. Most of the studies on rural entrepreneurship are empirical, involving mainly qualitative analyses and targeting high income countries; rural entrepreneurship is rooted in the fields of economics and entrepreneurship and is relatively self-referential.Originality/value This study provides a comprehensive and updated investigation of evolution of the rural entrepreneurship literature. The assessment of the literature's scientific roots of rural entrepreneurship had not yet been tackled before. To the best of the author's knowledge this study can be considered as the first effort for identifying the scientific influence of the rural entrepreneurship literature.

2023

The spatial location choices of newly created firms in the creative industries

Autores
Cruz, SS; Teixeira, AAC;

Publicação
CREATIVE INDUSTRIES JOURNAL

Abstract
The literature on the economics of location regarding creative activities is relatively scarce. Estimations, based on 369 newly created firms operating in creative industries in Portugal, which incorporate spatial effects of neighbouring regions in the location choices, yield the following results: (i) the concentration of creative and knowledge-based activities play an important role in location decisions of new creative establishments; (ii) creative firms tend to favour a diversified industrial tissue and related variety, in order to enjoy from inter-sectorial synergies; (iii) high education at a regional level has a highly significant, positive effect on location decisions, while lower educational levels of human capital negatively affect those decisions; (iv) tolerant/open environments attract creative activities; (v) creative firms tend to favour municipalities where the stock of knowledge and conditions for innovative activity are higher; (vi) municipality's attributes are more important in terms of firms' location decisions than the characteristics of nearby regions.

2024

Do refugee inflows contribute to the host countries' entrepreneurial rates? A dynamic panel data analysis, 2000-2019

Autores
Noorbakhsh, S; Teixeira, AAC;

Publicação
JOURNAL OF ENTERPRISING COMMUNITIES-PEOPLE AND PLACES IN THE GLOBAL ECONOMY

Abstract
PurposeThis study aims to estimate the impact of refugee inflows on host countries' entrepreneurial rates. The refugee crisis led to an increased scientific and public policy interest in the impact of refugee inflows on host countries. One important perspective of such an impact, which is still underexplored, is the impact of refugee inflows on host countries entrepreneurial rates. Given the high number of refugees that flow to some countries, it would be valuable to assess the extent to which such countries are likely to reap the benefits from increasing refugee inflows in terms of (native and non-native) entrepreneurial talent enhancement. Design/methodology/approachResorting to dynamic (two-step system generalized method of moments) panel data estimations, based on 186 countries over the period between 2000 and 2019, this study estimates the impact of refugee inflows on host countries' entrepreneurial rates, measured by the total early-stage entrepreneurial activity (TEA) rate and the self-employment rate. FindingsIn general, higher refugee inflows are associated with lower host countries' TEA rates. However, refugee inflows significantly foster self-employment rates of medium-high and high income host countries and host countries located in Africa. These results suggest that refugee inflows tend to enhance necessity related new ventures and/ or new ventures (from native and non-native population) operating in low value-added, low profit sectors. Originality/valueThis study constitutes a novel empirical contribution by providing a macroeconomic, quantitative assessment of the impact of refugee from distinct nationalities on a diverse set of host countries' entrepreneurship rates in the past two decades resorting to dynamic panel data models, which enable to address the heterogeneity of the countries and deal with the endogeneity of the variables of the model.

2023

The role of human capital, structural change, and institutional quality on Brazil's economic growth over the last two hundred years (1822-2019)

Autores
Dore, NI; Teixeira, AAC;

Publicação
STRUCTURAL CHANGE AND ECONOMIC DYNAMICS

Abstract
A growing body of empirical literature has considered very long-time horizons when studying the sources of a country's economic growth. Nevertheless, the growth experiences of emerging economies (EEs) have been overlooked. This study examines to what extent human capital, structural change, and institutional quality contribute to the economic growth of one of the largest EEs in the world, Brazil, between 1822 and 2019. Resorting to the ARDL cointegration technique, the results suggest that years of schooling (human capital) have a positive and long-lasting impact on Brazil's economic growth. Moreover, there is solid evidence that sectoral changes toward more advanced and sophisticated manufacturing basis is growth-enhancing in the country. Finally, institutional quality does not constitute over the very long-run, a significant booster of Brazilian economic growth.

2023

The role of human capital, structural change, and institutional quality on Brazil's economic growth over the last two hundred years (1822-2019)

Autores
Dore, NI; Teixeira, AAC;

Publicação
STRUCTURAL CHANGE AND ECONOMIC DYNAMICS

Abstract
A growing body of empirical literature has considered very long-time horizons when studying the sources of a country's economic growth. Nevertheless, the growth experiences of emerging economies (EEs) have been overlooked. This study examines to what extent human capital, structural change, and institutional quality contribute to the economic growth of one of the largest EEs in the world, Brazil, between 1822 and 2019. Resorting to the ARDL cointegration technique, the results suggest that years of schooling (human capital) have a positive and long-lasting impact on Brazil's economic growth. Moreover, there is solid evidence that sectoral changes toward more advanced and sophisticated manufacturing basis is growth-enhancing in the country. Finally, institutional quality does not constitute over the very long-run, a significant booster of Brazilian economic growth.

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