, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form … opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …

The effect of business tax and regulation on growth, together with potential effects of government spending on … education and R&D, is embodied in a model of a small open economy with growth choices. The structural model is estimated on post … regressions of growth. Statistical rejection can occur at either the structural or the growth regression stage. The models …

estimate a growth equation that relates the growth rate of income per capita to the rates of accumulation of physical, human … variables to the relative growth performance of each country and to observed income convergence in the sample. …

There is a significant controversy among academics and policy-makers about whether policies matter for economic growth … (monetary, fiscal and trade) have an explanatory power for the cross-country variation in growth rates and income per capita … growth. In a cross-section of 91 countries, policy volatility emerges as a key determinant of macroeconomic performance. An …

The empirical literature on economic growth and development has moved from the study of proximate determinants to the …

growth accounts including intangible capital for 14 countries. We find (a) intangible investment in the EU is less than the … 2007 capital deepening accounted for almost 50% of growth in the EU and 65% in the US, with intangible investment … growth, consistent with spillovers from intangibles. …