Showing 1 - 5 of 5
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance … suggest that an often overlooked factor - individual entrepreneurs - plays a large role in affecting firm performance. …
Persistent link: https://www.econbiz.de/10010607007
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10005094299
Existing evidence, mostly from British textile industries, rejects the importance of formal education for the Industrial Revolution. We provide new evidence from Prussia, a technological follower, where early-19th-century institutional reforms created the conditions to adopt the exogenously...
Persistent link: https://www.econbiz.de/10008583719
imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for … account balances and economic variables such as performance, structure, wealth, and the exchange rate, changed in important …
Persistent link: https://www.econbiz.de/10011134334
imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for … account balances and economic variables such as performance, structure, wealth, and the exchange rate, changed in important …
Persistent link: https://www.econbiz.de/10011134364