STOCK exchanges, LATIN American economy, ECONOMETRIC models
Abstract
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*RETAIL franchises, *ECONOMIC development, *ECONOMIC indicators, *ECONOMIC policy, LATIN American economy
Abstract
In the universe of literature on franchises, several studies have examined the impact of franchising on economic growth, tending to focus on growth rather than development, although the empirical research has already concluded that franchising does have an influence on economic growth. Likewise, some articles have underscored the importance and influence of franchising on development, but have failed to provide empirical proof of its true sway. With that in mind, this paper provides empirical evidence demonstrating the relationship between franchising and development. [ABSTRACT FROM AUTHOR]